Anchor Protocol rebounds sharply after falling 70% in simply two months — what’s subsequent for ANC? By Cointelegraph

Anchor Protocol rebounds sharply after falling 70% in simply two months — what’s subsequent for ANC?

Anchor Protocol (ANC) returned to its bullish type this Might after plunging by over 70% within the earlier two months.

ANC’s value rebounded by somewhat over 42.50% between Might 1 and Might 6, reaching $2.26, its highest stage in three weeks. Nonetheless, the token skilled a selloff on Might 6 and Might 7 after ramming into what seems to be a resistance confluence.