Could cryptocurrencies bounce from current levels ?
Following the weeks long price fall by more than 30%, the cryptcurrency market apparently signals an upward movement as prices managed to stand above critical levels.
General market cap fell below 250 billion last week in the wake of some key developments were spread around, including crypto ads banning and potential government crackdowns on cryptocurrency market.
However giant online advertisement companies's crypto ads banning plans turned out to be targeting ICOs only and government crackdown rumours have not evolved into any practical move as of yet
Despite pessimistic scenarios, the 24-hour price performance of coins seemingly ressurects a strong hope for a powerful bounce which is expected to push up coin prices.
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