Crypto Giants BNB, SOL, ADA Plunge 1.47%, 1.94%, 3.66% Amid Volatility
In the midst of a volatile digital asset market in mid-July, several high-cap cryptocurrencies, including Binance Coin (BNB), Solana (SOL), and Cardano (ADA), have experienced significant declines. However, technical indicators suggest that these assets may be poised for a recovery, presenting strategic buying opportunities for patient investors.
Binance Coin (BNB) is currently trading at $686.57, down 1.47% over the last 24 hours. The asset has fallen below important moving averages, with the 7-period moving average at $687.11 and the 25-period at $687.23. The price is testing the lower Bollinger Band at $686.73, indicating increased volatility and downside momentum. Despite this, volume activity has surged, particularly around 22:00…
