The bulls may have started to lock in their gains as the top 10 currencies entered the red zone on the last day of the week.
CoinMarketCap main currencies
BTC / USD
The rate of Bitcoin (BTC) is down 2% since yesterday, while its price has stayed the same for the past seven days.
BTC / USD chart by TradingView
After a false break of the support at $ 56,560, Bitcoin (BTC) was unable to sustain the rise and settled above the $ 62,000 mark. Although the volume of sales transactions is low, the decline may continue as buyers do not seem very interested in buying at this time.
In this case, if the bears break the support, the slide can take BTC to $ 53,000 next week.
Bitcoin is trading at $ 60,390 at press time.
ADA / USD
Cardano (ADA) is the top loser on the list, down 2%.
ADA / USD chart by TradingView
Cardano (ADA) looks even worse than Bitcoin (BTC) as it is returning to support after a false breakout. Respectively, the breakout of $ 1,822 could be a big bearish sign and send ADA back to $ 1.50 soon.
ADA is trading at $ 1,937 at press time.
BNB / USD
Despite today's decline, Binance Coin (BNB) has risen 8% over the last week.
BNB / USD Chart by TradingView
Binance Coin (BNB) is about to break the support at $ 509.70 as the bulls have no power to sustain the rise. In this sense, there is a high probability of seeing the continued decline of the native exchange currency towards the area of โโmore liquidity around $ 487 soon.
BNB is trading at $ 513.40 as of press time.
