MATIC price lost a key support level as it followed the lead of the biggest cryptocurrency in the world. The bigger issue than the price fall, however, is the fall in conviction, as close to half of the investors have pulled back since red candlesticks gained dominance on the charts.

Cardano price crashes bears into support, while bulls will book 10% gain on recovery

Cardano (ADA) price has dropped like a stone this Monday as the ASIA PAC session brought a 5% loss with it. Expect to see a turnaround near the US trading session once fresh buyers can buy into the current opportunity of Cardano at a reduction. With plenty of support, a bounce higher looks reasonable to break above $0.42 with a 10% gain in the books.

Bitcoin traders watch US Fed’s interest rate decision to plot likely return to $30,000

Bitcoin traders are watching the week’s macro events closely for clues on BTC price movement. The US Federal Reserve’s interest rate decision on May 3, the FOMC conference and the Nonfarm Payrolls data release on May 5 are the key events for BTC traders keeping their eyes peeled.