In this case, the more likely scenario is a further drop to the support level at $32,871. Thus, the increased selling volume confirms the continued downward move.On the daily chart, Cardano is trading close to the support level at $0.6856. The possible fall is also accompanied by the rising selling volume.
However, if buyers can come back above the $0.80 mark, the rise may continue to the zone of $0.85.Binance Coin remains trading in a wide channel between the support at $336 and the resistance at $455. At the moment, neither bulls nor bears control the situation on the market; however, if buyers can return the rate to the vital $400 mark, buyers have a chance to seize the initiative.
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