Bitcoin, Ethereum And Cardano: Crucial Levels To Avoid Another Sell-Off

The other day, diamnd hands managed to shine once again and the weak ones were shaken off the market. Now, it’s been revealed that crypto trader Michaël van de Poppe outlines key areas to hold for Bitcoin, Ethereum and Cardano amid volatile price action across the crypto markets in the last 24 hours.

In a new video, Van de Poppe said that Bitcoin (BTC) must stay above a key level to avoid losing 20% more of its value.

“At this stage, if we are going to continue making this range-bound movement, the area that we have marked green ($30,000) is the area that we should be holding as support. If that is lost, I think we’re going to have a fallback towards $24,000. That’s the next support zone.”

Regarding ETH, Van de Poppe highlights that ETH has tapped a support around $1,758 after yesterday’s pullback.

“Ethereum at next support.”

Ans, regarding ADA, Van de Poppe says the pair breached critical support of 0.000038. However, the crypto trader highlights that recovery of this key area could inspire bullish momentum.

“Cardano lost a critical support zone, and we’re looking at the next level of support around 3,000 satoshis (0.00003). Bullish if we reclaim the previous support level.”

At the moment of writing this article, most important coins are trading in the green.

Crypto will invade comemrcial use cases

Regardless of the crypto prices, adoption is going great tehse days.

Crypto sector is not going anywhere, that’s for sure. Despite the high volatility in the crypto market, the mass adoption of digital assets could not be going better.

Now, it’s been just revealed that crypto trader and influencer Elliot Wainman said that this emerging crypto sector isn’t going away.

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