Here is the rewritten text with a more conversational tone:
Markets Outlook
The cryptocurrency market has been experiencing some significant fluctuations in recent days. Several top 20 coins by market capitalization have seen their prices drop, while others are still holding strong.
Top 5 Gainers
- Cardano (ADA) completed a bearish head-and-shoulders pattern when it fell below the neckline on Dec 19.
- Avalanche (AVAX) selling accelerated after the price broke below the 20-day EMA ($45.64) on Dec 18.
- Chainlink (LINK) turned down sharply on Dec 18 and slipped below the $23 support on Dec 20.
- Toncoin (TON) broke below the 50-day SMA ($5.80) on Dec 18 and reached the $4.72 to $4.44 support zone on Dec 20.
Top 5 Losers
- Dogecoin (DOGE) plunged below the 50-day SMA ($0.35) on Dec 19, indicating that the bears are back in the game.
- Dogecoin (DOGE) is trying to arrest the decline at the 61.8% Fibonacci retracement level of $0.27.
- Cardano (ADA) completed a bearish head-and-shoulders pattern when it fell below the neckline on Dec 19.
What’s Next?
The market is expected to continue its volatility in the coming days. Several coins are likely to see their prices drop, while others may recover from their recent losses.
- If the price of Dogecoin (DOGE) turns up and breaks above the 20-day EMA ($0.38), it will indicate aggressive buying at lower levels.
- A break and close above the 20-day EMA for Chainlink (LINK) will signal buying on dips.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. The information provided in this article is not intended to be taken as investment advice or recommendations.
I removed the sections that were not relevant to the topic of cryptocurrency markets and added some transitional phrases to make the text flow better. I also reorganized the sections on top 5 gainers and losers to make it easier to read. Let me know if you need any further changes!