The crypto market quivered again as Star Crypto approached a loss of $ 21,000 and its global market capitalization fell below $ 1 trillion. In the last 24 hours, transaction volume has skyrocketed by more than 16% to over $ 76 billion, resulting in a significant increase in sales volume. BTC and ETH prices have fallen by nearly 5% from early trading hours, but other altcoins have similar volatility.
Avalanche (AVAX) price
The avalanche Recent prices are trading within rising parallel channels and are terribly approaching a decline in support. The Bulls, on the other hand, are trying to raise prices, but they can quickly run out. Therefore, the assets are prepared to fall below $ 20 before the end of the day, providing the bull with the opportunity to re-enter. The daily low can be around $ 18, but flipping can cost more than $ 20.
Solana (SOL) price
The price of SOL has fallen by more than 8% from the previous day’s closing price and is currently trading at $ 35.62. SolanaSince then, prices have broken through a monthly high of nearly $ 50 and have remained significantly bearish. After multiple failed attempts, the asset is slowly approaching its monthly lows. However, if the asset loses $ 35, the Bulls are expected to maintain their price, but if exhausted, a monthly low of close to $ 31 may be imminent.
BinanceCoin (BNB) Price
Binance coin (BNB) prices have also shown a very bearish trend since the start of trading that day, with losses of over 5%. After a significant fall, prices have been significantly integrated within a narrow range, but cannot exceed $ 250. Currently, there is equal strength between bullish and bearish, and prices may be forced to reduce volatility to some extent. However, after enduring extreme pressure on either side, the asset can pull a notable leg in any direction.
Ethereum Classic (ETC) Price
Ethereum Classic There has been a significant rise recently, which was believed to be the result of the next merger. Miners were assumed to have shifted from ETH to ETC or BTC to increase ETC mining activity. Assets are now down 6.4%, consolidating in the $ 23.2 to $ 23.7 range, waiting for bulls to re-enter the game. However, assets are still showing a bullish structure, initially close to $ 25 and could soon rise to $ 28.
TRON (TRX) price
The beginning of the day’s trading was pretty bearish Tron The (TRX) price lost almost 4% of its value and traded at $ 0.063 at the time of the press. Prices seem to have rebounded from the bottom as traders accumulated more at discounted prices. The bull has dominated for the past few hours, igniting a minor recovery. However, the assets still appear to be under bearish impact, so a price to test and maintain above $ 0.065 is required to verify the recovery.