Demand

Bitcoin's (BTC) price is struggling to break above the $39,000 resistance level. For the past 24 hours, buyers are still under pressure to clear the resistance at $39,000.

Dogecoin (DOGE) has fallen and it is trading above the $0.3070 support at the time of writing. The recent price fall has erased the previous bullish gains of the upward correction.

Dogecoin has been falling for the past three days after rejection from the $0.44 high. The $0.44 high was the new price level after the recent downtrend.

The cryptocurrency market has declined from $2.501 trillion to $1.725 trillion in just two weeks, indicating a fall of about 31%. However, hedge funds are interested in cryptocurrency despite the drop.

For the past week, Binance Coin has been consolidating above the $600 support for a possible upward move. At some time the bulls were retesting the $700 high to resume upside momentum. If buyers are successful above $700 resistance, the market will rise to $800 high. Yesterday, BNB faced rejection from the $700 resistance, signaling the resumption of the downtrend.

Polkadot (DOT) is making another upward move to retest the $40 overhead resistance. DOT price rebounded above the $28 support to reach the high of $35.97.

On March 25, Uniswap (UNI) price slumped to $26 support as the altcoin found support above it. UNI rebounded above the support as price resumed an upward move.

Ether has recovered after plunging to the low of $1,546. Immediately, the bulls buy the dips as the biggest altcoin reached the high of $1,696 at the time of writing.

Following its failure to sustain above the $1,920 high, Ethereum is now confined between $1,750 and $1,850. Today, Ether is trading below $1,800 high as a result of selling pressure.