Has the crypto market found local support for a bounceback? Dave_Jonez_02 BNB Pain_Alive_BNB LINK $LINK Chainlink LauraE789 LinkFinland
If buyers cannot seize the initiative, one may expect ETH trading around the psychological level at $3,000 shortly.Binance Coin has entered the bearish zone after a breakout of the support at $489. The trading volume is high, which means that traders might have started fixing their positions. Thus, the more likely scenario is a bounceback from the zone of the most liquidity at $414.6 next week.Despite the price drop, Cardano remains stronger as the price is located above the support at $1.88.
If bears keep pushing the rate more profoundly and break the mentioned mark, there is a possibility to see ADA at the nearest level at $1.072 soon.Chainlink is the only coin from the list trading in the green zone, with a rise of 1.93%.At the moment, Chainlink is located far away from its important levels, which means that neither bulls nor bears are controlling the situation.
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