Cryptocurrency market has left behind a busy week. First bitcoin and Ethereum While most altcoins, especially altcoins, showed uninterrupted increases in the first days of the week, we observed a calmer market towards the weekend.
The fact that large stock market tokens did not participate in the mini rally this week created question marks in the minds. In this article, we will examine the altcoins that have been dormant for the week.
BNB, the largest cryptocurrency trading platform and native token of BNB Chain, closes the week almost where it started.
Starting the week at $300, BNB faced bears counterattack at $314 resistance. After the sell-off, BNB regained the level it started the week with, confirming the previous support level at $281.
BNBIf it breaks the $314 resistance, the next possible resistance is located at $360.
The situation is no different in HT, Huobi’s token, which is often mentioned with Tron founder Justin Sun. Despite the positive mood this week, Huobi Token seems to close the week with a loss of about 2%.
HT If we look at the graph, we do not see very clear support-resistance levels due to the unbalanced price movement it has exhibited in recent days.
However, breaking the $5.38 level and the downtrend indicated by the green color may be a signal for an uptrend to begin.
*Not Investment Advice.
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