Bears remain more powerful than bulls as most coins continue to trade in the red.
BTC/USD
Bitcoin (BTC) price continues to fall, declining 0.64%.
Despite the drop, bitcoin (BTC) has bounced off the $21,000 level, which means the bulls are poised to fight for this level.
If the daily candle closes above and the selling volume remains low, one can expect further upward movement to the $22,400 mirror level by the end of the week.
Bitcoin is trading at $21,199 at press time.
ADA/USD
Cardano (ADA) is the main loser today, down 2.54% in the last 24 hours.
Cardano (ADA) is underperforming most other coins as the price slowly approaches the $0.3974 support level. Such a scenario could materialize if buyers fail to resist the bear pressure and dip the $0.4347 level.
ADA is trading at $0.4460 at press time.
BNB/USD
Binance Coin (BNB) is the least down, down 0.60%.
Binance Coin (BNB) price has fallen below the $300 mark again. If the buyers cannot fix it, there is a possibility of another decline. However, the most likely scenario is sideways trading in the $290-$300 range as neither side is ready for a sharp move.
BNB is trading at $295.6 at press time.
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