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Which currencies can maintain their gains after a little correction?
Bulls were unable to maintain their lead on the last day of the week, as the majority of coins fell back into the red zone.
BTC/USD
While the price of cryptocurrencies is falling, the price of Bitcoin (BTC) has risen by 0.48 percent since yesterday.
Bitcoin (BTC) is approaching the $39,573 resistance mark on the daily chart. If buyers can break it and repair it above, the correction can be converted to mid-term gain. Such a price movement is applicable till the middle of February.
At the time of writing, Bitcoin was trading at $37,997.
SOL/USD
Solana (SOL) fell 2.12 percent after failing to keep up with the advance of Bitcoin (BTC).
After bouncing off the $87.73 support level, SOL has been trading sideways, gathering potential for a further rapid rise.
In this situation, one must pay particular attention to the level at $104.82, as a potential breakthrough may be required for continuing rise.
At the time of writing, SOL was trading at $94.83.
LUNA/USD
LUNA is the largest loss on the list, falling 7.43 percent.
