Bitcoin has continued its fall after yesterday's bearish candle, falling by 4% over the last 24 hours.. Thus, the rate is approaching the support level at $22,400 on the daily chart. If the bears' pressure continues, one can expect the test of the $22,000 area next week.Binance Coin is the so-called"biggest gainer" as it has only declined by 1.61% since yesterday.
Binance Coin could not fix the price above the $270 mark, which means the native exchange coin has not accumulated enough power for a continued rise. If buyers cannot seize the initiative, the fall might lead to the $250 zone. Such a scenario is relevant until the end of the current month.Cardano has suffered the worst decline today, falling by almost 5%.
Cardano has continued the fall after the false breakout out of the $0.4921 mark. Even though the selling volume is low, bulls have lost the initiative after the failed attempt to get to the $0.50 zone. Respectively, one should pay close attention to the $0.45 mark, where a local reversal is possible.
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Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »