Bitcoin, Ethereum and Cardano must protect these key areas to avoid another sale: Michaël van de Poppe

Crypto trader Michaël van de Poppe outlines key areas for Bitcoin, Ethereum and Cardano amid the volatile price action in the crypto markets over the past 24 hours. In a new video, Van de Poppe tells his 106,000 subscribers that Bitcoin (BTC) needs to stay above a significant level in order not to lose more than 20% of its value. "At this stage, if we continue to make this range-bound move, the area we marked in green ($30,000) is the area we should hold as support. $24,000. That's the next support zone." The leading crypto asset is currently in the midst of a strong rally as Bitcoin briefly cleared Van de Poppe's support area and dropped to a 90-day low of $28,893, according to CoinMarketCap. Van de Poppe says Bitcoin must overcome the $35,500 resistance to support its rise. As for Ethereum, Van de Poppe highlights that ETH has gained support at around $1,758 after yesterday's pullback." Source: Van de Poppe/Twitter Leading The smart contract platform has since bounced back, trading at $2,034 according to CoinMarketCap. Van de Poppe, who looks at Bitcoin (ADA/BTC) against Cardano, says the pair lost critical support at 0.000038. But the crypto trader , insists that the recovery of this key area could inspire bullish momentum. Cardano has lost a critical support zone and we are looking at the next support level around 3,000 satoshi (0.00003). If we regain the previous support level, it would be bullish." Source: Van de Poppe/Twitter At the time of writing, ADA/BTC is attempting to regain support as it trades at 0.00003731, which is more than 8% higher than yesterday's low of 0.0003440. Van de Poppe also points out Cardano's (ADA/USDT) ability to withstand selling amid the wild price action in the crypto markets. “I was impressed with the power of ADA.” All but the top four crypto assets are up to date

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