The weekend started with a downtrend in the market as none of the top 10 coins could stay in the green zone.
Bitcoin (BTC) continues to decline as it has failed to hit the $30,000 mark.
For the time being, volatility has fallen, which means there is little chance of seeing any bullish moves over the weekend. However, if the rate breaks below $29,000, the main crypto could test the $28,000 area next week.
Bitcoin is trading at $29,260 at press time.
Cardano (ADA) has lost less than Bitcoin (BTC), down 2.25%.
Cardano (ADA) is trading similarly to BTC as the altcoin continues to trade sideways against lower volumes. But if buyers can seize the initiative and pull back the rate above the $0.55 mark, a short-term development could test the $0.55 level in the coming days.
ADA is trading at $0.5277 at press time.
Solana (SOL) is the biggest loser from the list with a fall of 6.12%.
On the daily chart, Solana (SOL) has lost the crucial $50 mark, which means sellers are more powerful than buyers at the moment. If the decline continues, a test of $44 can be expected soon. Such a scenario is relevant until the end of the month.
As of press time, SOL is trading at $49.35.
Polkadot (DOT) is following the decline of other coins, losing 3.32% over the past 24 hours.
Polkadot (DOT) has also lost its important level of $10. Currently, the price is trading near the $8.06 support level, which confirms the current seller pressure. If the daily candle closes at the current level, the altcoin price has every chance of a fall to $9.
At press time, DOT is trading at $9.68.