The crypto market continues to move sideways this week with periods of light gains and minor corrections as users consider altcoins to sell. After the Bitcoin halving, crypto traders looked to reposition holdings for the next wave in the market. 

This led to massive flows away from several assets while some recorded upticks. The price of Bitcoin is up 1.41% in the last 24 hours while altcoins have posted larger gains. However, some analysts point to imminent corrections due to macroeconomic factors. Here are three altcoins to sell towards the end of April.

Solana (SOL) 

At press time, Solana trades at $143, a 0.31% decline in the last 24 hours. The downward trend of Solana followed a wider crypto-asset sell-off that saw altcoins lose steam. Solana’s weekly performance is now in the red zone after previous highs. 

SOL remains an asset that outpaces the market in gains as seen last year but present outflows in April hinder bullish projections. This week, Solana topped losses of 9% in 24 hours before notching a slight comeback. Although bulls project highs this year, traders continue to sell the altcoin this month.

Cardano (ADA)

The community dubbed killer is among altcoins with a shaky run this month. The liquidations in the market saw its price fall to $0.46 taking its market cap to $16.6 billion. ADA’s daily trading volume has plunged over 26% to $342 million. 

Cardano has some positives post-halving but recent liquidations have made it part of the altcoins to sell towards the end of April.

Toncoin (TON) 

Toncoin leads the top altcoin weekly losses at 23.92% with its price at $5.38. The asset is up 2.92% in the last 24 hours but weekly outflows show a weakened sentiment for the coin. Daily trading volumes are also down 16% to $204 million. Toncoin has recorded huge liquidations this month due to macro and industry factors as users sell the altcoin this month.

Also Read: 4 Most Profiting Meme Coins In Today’s Slow Market 

The post 3 Altcoins To Sell Towards The End Of April appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am