TOP 3 altcoins with outstanding trends today - April 10

The cryptocurrency market continues to record a strong recovery today, with the total market capitalization skyrocketing by an additional 165 billion USD in just 24 hours.

The return of the bullish trend in key assets has sparked a wave of excitement in the investor community, especially for prominent altcoins such as SAROS, HEI, and TAO – names that are attracting significant attention due to their impressive performance and breakout potential.

Saros (SAROS)

SAROS – a token developed on the Solana blockchain – is becoming the center of attention in the altcoin investment community. In the past 24 hours, the price of SAROS has slightly increased by 1%, in line with the overall upward trend of the market. Notably, in the early trading session on Thursday in Asia, this token set a new ATH at $0.16.

SAROS/USDT chart on the 12-hour timeframe | Source: TradingViewHowever, after the breakout, profit-taking pressure caused the daily trading volume of SAROS to drop by up to 44%, creating a bearish divergence signal – a familiar warning in technical analysis. When prices rise but liquidity weakens, it often reflects diminishing buying power due to caution or withdrawal of short-term investors.

This divergence raises concerns that the current rally of SAROS may not be sustainable without strong cash flow support. In a negative scenario, if the volume continues to plummet, the price of SAROS risks reversing and falling deeply towards the support level of $0.086.

On the contrary, if the market maintains its recovery pace, SAROS could completely return to the peak area of $0.16 – even expanding the increase range, establishing new milestones.

Heima (HEI)

HEI is one of the altcoins attracting attention today, but it stands out in a way that is contrary to the overall market trend. As of now, HEI is trading around $0.32, recording a 9% decrease over the past 24 hours.

Daily HEI/USDT Chart | Source: TradingViewOn the daily timeframe, the Balance of Power indicator (BoP) shows a negative trend, clearly reflecting the weakening demand for HEI. The current BoP index stands at -0.80 – a figure indicating that the bears are in control.

BoP is a technical indicator used to assess the balance between buying and selling pressure by combining price fluctuations with trading volume. When this index shifts into negative territory, it often signifies that selling pressure is leading the market and can be a signal for a short-term downtrend.

If selling pressure continues to be maintained, HEI is at risk of retreating to the historical bottom at $0.22. Conversely, if demand improves and new capital starts to flow in, the price of HEI is fully capable of recovering to the nearest resistance level at $0.39.

Bittensor (TAO)

TAO has recorded an impressive increase of 16% in the past 24 hours, currently trading around $231.90. At the time of writing, TAO's Relative Strength Index (RSI) is at 48 and shows signs of crossing the neutral threshold of 50.

Daily TAO/USDT chart | Source: TradingView RSI is a technical indicator used to evaluate the overbought or oversold levels of an asset. When this index crosses the 50 mark, it often reflects a shift from a neutral state to a bullish trend.

This development indicates that the demand for TAO is increasing, opening up the possibility of a new growth phase. If the upward momentum continues, TAO could target the next resistance level at $281.60.

However, in the opposite scenario — when profit-taking pressure occurs — this token could erase a large portion of the recent gains and adjust to the support area around $163.70.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.

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