The leading cryptocurrency is being traded at $103,850, indicating a quiet day in the crypto market, particularly as weekend expectations foretold. The anticipated phone call between Trump and Xi did not occur, resulting in no upward movement. However, the week ahead promises action for cryptocurrencies like BNB, MINA, AVAX, and ADA, leaving enthusiasts eagerly anticipating market predictions and developments.
BNB and MINA Coin Insights
For BNB Coin, the $630 level holds critical importance and remains well-guarded. Renewed hopes surrounding bullish markets support Binance, translating into a multiplier effect on BNB Coin. The price’s weekly chart showcases large top wicks, reflecting the excitement seen today and during previous periods.
For further price elevation and potential new all-time highs (ATH), the $675 and $690 levels are pivotal. Successful bulls may prompt a BTCD contraction, aiming to turn $743 support into targeting the last ATH of $795 and beyond, potentially achieving four-digit prices.
MINA Coin reverts to the $0.25 level. The project underwent significant transformation, expediting product development, and suggesting the current price might still be attractive for more good news potential this year. On the flip side, reclaiming the $0.38 support is crucial. Although the recent attempt failed, BTC maintaining six-digit levels and ETH aiming for $2,700 provide motivation. The potential rise may target $0.3 and $0.346, subsequently reaching $0.5. Regaining this final threshold paves the way for swift bottom rebounds and journeys to peaks above $1.
AVAX and ADA Coin Insights
AVAX preserves the $22.18 rise base. Although recent fluctuations indicated a dip, maintaining this crucial area supports the $30.7 peak. Such altcoin volatility suggests that a strong rise phase hasn’t commenced yet, but ETH price recovery could signal general rally onset.
Finally, ADA Coin bounced off the $0.86 resistance. Constantly revisiting the significant $0.73 area has proven its robustness. Absent any significant negativity in the new week, fresh peaks between $0.86 and $0.91 may be achievable.