BNB and ADA Price Prediction for February 13

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14 Feb 2024
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BNB and ADA Price Prediction for February 13
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Denys Serhiichuk
Which altcoins are likely to continue their bull run?


Price Analysis
Tue, 13/02/2024 - 15:30
BNB and ADA Price Prediction for February 13
Cover image via www.tradingview.com
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

BNB/USD The rate of Binance Coin (BNB) has risen by 2.70% over the last 24 hours.


wideheader
Original U.Today article
BNB and ADA Price Prediction for February 13
ADVERTISEMENT


article image
Denys Serhiichuk
Which altcoins are likely to continue their bull run?


Price Analysis
Tue, 13/02/2024 - 15:30
BNB and ADA Price Prediction for February 13
Cover image via www.tradingview.com
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Bulls keep controlling the situation on the market, according to CoinMarketCap.

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Top coins by CoinMarketCap
BNB/USD
The rate of Binance Coin (BNB) has risen by 2.70% over the last 24 hours.


Image by TradingView
Despite today's rise, the price of BNB might need more time to accumulate energy for a further move. In this case, consolidation in the area of $320-$330 is the more likely scenario until the end of the week.

BNB is trading at $326 at press time.

ADA/USD
Cardano (ADA) is more of a gainer than BNB, going up by 3.31%.
If the bar closes near it with no long wick or above, the growth may continue to the $0.58 zone. ADA is trading at $0.5523 at press time.


Cardano Founder Reveals Next Big Upgrade for ADA


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wideheader
Original U.Today article
BNB and ADA Price Prediction for February 13
ADVERTISEMENT


article image
Denys Serhiichuk
Which altcoins are likely to continue their bull run?
Price Analysis
Tue, 13/02/2024 - 15:30
BNB and ADA Price Prediction for February 13
Cover image via www.tradingview.com
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Bulls keep controlling the situation on the market, according to CoinMarketCap.

ADVERTISEMENT


Top coins by CoinMarketCap
BNB/USD
The rate of Binance Coin (BNB) has risen by 2.70% over the last 24 hours.


Image by TradingView
Despite today's rise, the price of BNB might need more time to accumulate energy for a further move. In this case, consolidation in the area of $320-$330 is the more likely scenario until the end of the week.

BNB is trading at $326 at press time.

ADA/USD
Cardano (ADA) is more of a gainer than BNB, going up by 3.31%.


Image by TradingView
On the daily chart, traders should pay attention to the candle closure in terms of the recently formed resistance of $0.5654.

Related
BTC, ETH and XRP Price Prediction for February 12
If the bar closes near it with no long wick or above, the growth may continue to the $0.58 zone.

ADA is trading at $0.5523 at press time.


About the author
article image
Denys Serhiichuk
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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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Cardano founder Charles Hoskinson revealed the next big upgrade coming to the Cardano network in a recent tweet.

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Hoskinson highlights Plutus V3, a massive upgrade coming alongside the Chang hard fork, as one that brings so much to the table for Cardano dApps and blockchain interoperability.

Plutus V3 is massive upgrade coming with the Chang hardfork that brings so much to the table for Cardano DApps and blockchain interoperability https://t.co/0ZSTQFJLK4

— Charles Hoskinson (@IOHK_Charles) February 12, 2024
Plutus Core is a scripting language used on the Cardano blockchain. September 2022's Vasil upgrade brought about the current version of Plutus Core, Plutus V2.

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According to an official Input Output Global (IOG) blog article, the Plutus V3 upgrade will improve Plutus Core's cryptographic capabilities, allowing Cardano to meet the most recent industry standards. It should be recalled that the Valentine upgrade from a year ago added support for SECP elliptic curves (ECDSA and Schnorr).

The addition of new cryptographic primitives to V3 will assist developers in meeting industry best practices, porting smart contracts from Ethereum and creating sidechain bridges.

Aside from cryptographic primitives, Plutus V3 is planned to improve performance by adding a "sums of products" (SOPs) feature to enable direct encoding of various data types. In addition, V3 would provide an updated script context that allows users to view CIP-1694 governance-related entities.

Plutus V3 would also add advanced Plutus primitives, which provide more tools for developers and expand the possibilities for writing smart contracts.

Related
Cardano: Here's Why Long-Term Holders Are Buying More ADA
Overall, Plutus V3 is expected to improve the developer experience by increasing smart contract adoption, bringing support for governance and voting features and promoting blockchain interoperability.

Plutus V3, which was released with Cardano node v.8.8.0-pre, is now available on SanchoNet, introducing the Cardano community to CIP-1694 governance features in a controlled testnet environment.

About the author
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Tomiwabold Olajide
Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

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BNB/USD The rate of Binance Coin (BNB) has risen by 2.70% over the last 24 hours.

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