The rates of most of the top 10 coins are in the green zone, however, there are some exceptions, according to CoinStats.
BTC/USD
The price of Bitcoin (BTC) has gone up by 0.17% over the last day.
On the hourly chart, the rate of BTC is near the local level of $114,323. As most of the daily ATR has been passed, increased volatility is unlikely to happen by tomorrow.
On the bigger time frame, the situation is rather bearish.
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If sellers’ pressure continues, traders may witness a test of the support level of $111,919 within the next few days.
From the midterm point of view, the rate of the main crypto has made a false breakout of the support of $111,919. In this case, one should focus on the bar closure in terms of that mark. If it happens around it, there is a chance to see a correction to the $110,000 area.
Bitcoin is trading at $114,590 at press time.