U.Today - The crypto market is falling on the first day of the week, according to CoinStats.
ADA/USD
The rate of Cardano (ADA) has declined by almost 10% over the last day.
On the daily, one should focus on the bar's closure in terms of the $0.8798 level. If its breakout happens, the decline is likely to continue to the $0.80 area soon.
ADA is trading at $0.8862 at press time.
BNB/USD
Binance Coin (BNB) is no exception to the rule, going down by 5.08%.
From the technical point of view, the rate of BNB is far from the support.
However, if the daily candle closes near its low, there is a chance to see a test of the $622.85 level by the end of the week.
Binance Coin is trading at $653.10 at press time.
This content was originally published on U.Today
