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The rates of most of the coins are rising at the beginning of the week, according to CoinMarketCap.
The rate of Cardano (ADA) has increased by almost 2% over the last 24 hours.
On the daily chart, traders should pay attention to the candle's closure in terms of the level of $0.5967. If it happens above that mark and with no long wick, growth may continue to the $0.62 zone shortly.
ADA is trading at $0.6055 at press time.
Binance Coin (BNB) has gained less than ADA, going up by 0.14% since yesterday.
Unlike ADA, the rate of BNB is not looking so bullish. At the moment, one should focus on the interim zone of $600. If it breaks out, there is a high chance to see a test of the resistance of $620 soon.
BNB is trading at $590 at press time.
With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.
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