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Sellers have seized the initiative at the beginning of the weekend, according to CoinMarketCap's ranking.
SOL/USD
Solana (SOL) has lost a lot of value today, falling by 7.29%.
On the daily chart, the price of SOL is on the way to the nearest level of $97.14.
Denys SerhiichukIf the bar closes near that mark, one can expect a breakout followed by a test of the $90 zone soon.
SOL is trading at $101.61 at press time.
ETH/USD
Ethereum (ETH) is not an exception, going down by 3.77%.
From the technical point of view, ETH is trading similarly to SOL. At the moment, one should pay attention to the interim zone of $2,250. If the candle closes near it, there is a possibility of a further decline to the $2,200 range.
Ethereum is trading at $2,278 at press time.
Godfrey Benjamin
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