BTC, ETH and SOL Price Analysis for April 1


Sellers are back in the game as all of the top 10 coins are under bearish influence.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has started April with a 4% fall over the last 24 hours.

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BTC/USD chart by TradingView
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. Thus, the selling volume is going down, which means that bears are not powerful enough to continue the drop. If buyers can hold the rate above $45,000 until the end of the day, the rise can lead BTC back to $46,000 by the end of the week.

Bitcoin is trading at $45,182 at press time.

ETH/USD

Ethereum (ETH) has followed the decline of Bitcoin (BTC), going down by 3.37% since yesterday.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) is looking worse than Bitcoin (BTC), as the rate of the main altcoin could not come back to the bullish zone so far. However, if the daily candle fixes above $3,300, the rise may continue to the area of $3,500 until mid-April.

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Ethereum is trading at $3,286 at press time.

SOL/USD

Solana (SOL) has lost the least from the list with a decline of 1.95%.

SOL/USD chart by TradingView
SOL/USD chart by TradingView

Solana (SOL) is closely approaching the resistance at $130 against increased high buying trading volume. If they can break this level and fix above it, it may be a prerequisite for sharp growth to the next important level at $140 within the next few days.

SOL is trading at $124.3 at press time.


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