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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Sunday was not an exception as bulls have continued the drop.
The rate of Bitcoin (BTC) has declined by 8% over the last week.
Bitcoin (BTC) is about to close the weekly candle below the support level at $27,757. From the mid-term point of view, the main coin has accumulated enough power for a more profound price decrease. In this case, if buyers cannot return the rate to the $29,000 zone, there are chances to see BTC even at $20,000 for one coin.
Bitcoin is trading at $27,304 at press time.
Binance Coin (BNB) is the biggest loser from the list as it has dropped weekly by 13.62%.
Binance Coin (BNB) is on the way to its support level at $238.50 on the weekly time frame. The native exchange coin cannot withstand BTC’s fall, which means that there are more chances to see the test of the next vital level at $148 within the month.
BNB is trading at $256.5 at press time.
The rate of Cardano (ADA) has declined by 12% since yesterday, while the price change over the last week has constituted -9.29%.
Cardano (ADA) is far away from its crucial levels; however, the altcoin is following the overall market fall. Thus, the selling volume is rising, confirming bears’ power. Respectively, one can expect the retest of the $0.3974 level next week.
ADA is trading at $0.5078 at press time.

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.
Disclaimer: Any financial and market information given on U.Today is written for informational purpose only. Conduct your own research by contacting financial experts before making any investment decisions.

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