Sellers are back in the game as all top 10 coins are under bearish influence.
Top Coins from CoinMarketCap
Bitcoin (BTC) started April with a 4% decline in the past 24 hours.
BTC/USD Chart by TradingView
Despite the decline, the price has bounced off the support level at $44,776 and is currently trading above it. So the sales volume is falling, meaning bears are not strong enough to continue the decline. If buyers can keep the price above $45,000 until the end of the day, the surge could push BTC back to $46,000 by the end of the week.
Bitcoin is trading at $45,182 at the time of writing.
Ethereum (ETH) has followed the decline of Bitcoin (BTC) and is down 3.37% since yesterday.
ETH/USD Chart by TradingView
Ethereum (ETH) looks worse than Bitcoin (BTC) as the main altcoin’s price has so far failed to bounce back into the bullish zone. However, if the daily candle stays above $3,300, the gain could continue to $3,500 through mid-April.
Ethereum is trading at $3,286 at the time of printing.
Solana (SOL) has lost the least of the list with a 1.95% drop.
SOL/USD Chart by TradingView
Solana (SOL) is approaching the $130 resistance to increased high buy trade volume. If they can break through this level and move above it, it could be a prerequisite for sharp growth to the next key level of $140 in the coming days.
SOL is trading at $124.3 at the time of writing.