If buyers cannot seize the initiative and the candle closes around $19,500, there is a high chance to see a breakout of the support level, followed by a sharp decline.Cardano is doing better than Bitcoin as the price has risen by 2.97% over the past day.
Cardano is on the way to the resistance level at $0.4820. Thus, the altcoin might have accumulated enough energy for mid-term growth. All in all, a breakout of the level may cause further upward movement to the vital $0.50 zone.Unlike Cardano , Binance Coin has fallen by 1.65%. Binance Coin is neither bullish nor bearish on the daily chart. Despite the fall, the price remains above the important support level at $273.5. However, if the selling volume increases and bears' pressure continues, the breakout can be a prerequisite for a drop to the $260 zone soon.Litecoin has followed the rise of Cardano , growing by 2.38%.
Litecoin is trying to stay in the bullish zone after yesterday's breakout of the $58.31 level. If the"digital silver" can fix above the crucial $60 mark, the rise can continue to the next mark at $65.66 shortly.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »