The cryptocurrency market is flipping green and fast on Tuesday toward the end of the Asian session. Most crypto assets post single-digit gains after erasing the correction experienced on Monday.
Bitcoin is up 1.5% in the last 24 hours to exchange at $62,882, while Ethereum is trading 2.4% higher at $4,233. Binance Coin managed to hold above $480 on Monday, explaining the prevailing $486 and the potential to rise above $500.
Solana price retreats from the new ATH at $218 to seek support at $200.
Cardano is on the verge of a breakout with its immediate support proved by the 100-day SMA.
Solana:-
Solana continues to be a leader among altcoins rallying in tandem with Bitcoin. Last week, the competitive smart contracts token lifted above $200, closed the gap to the all-time high of $215, and stretched further to $218. At writing, SOL has secured higher support and is trading at $207.
Meanwhile, SOL appears to be facing a growing overhead pressure likely to retest support at $200. The Mov
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