- Bitcoin still hasn’t broken higher, so a dip could continue.
- Ethereum, Solana, Cardano are sitting at key support price levels.
- Watch for breakouts above resistance to confirm bullish market signals.
Bitcoin couldn’t break its recent high, which means the market dip might not be over yet. Bitcoin dominance is also about to drop again and if it does, the market could see a big altcoin rally. On Crypto Banter’s The Sniper Trading Show, the analyst said that the crypto market is moving into a crucial weekend, with altcoins sitting at important price zones. Many altcoins are now at the same levels where Bitcoin previously struggled before its breakout. If they manage to push through, a strong rally could follow.
Ethereum (ETH) at a Make-or-Break Zone
Ethereum (ETH) is holding firm for now, but it’s forming a bearish pattern. The key level to watch is around $2,320. If Ethereum drops below this, it might trigger a sharp dip.
On the upside, ETH needs to clear the $2,520 to $2,550 zone to build momentum for a rally.
Solana (SOL) Facing Critical Support Test
Solana (SOL) is currently testing an important support line. If this level breaks, the price could slide quickly. The immediate support is around $158, while the next major support lies near $150.
To turn bullish again, SOL must break above $170 in the coming sessions.
Dogecoin (DOGE) Pulls Back, Key Levels Monitored
Dogecoin (DOGE) is showing signs of a pullback after its recent surge. The important levels to monitor are $0.215 as support and $0.245 as resistance.
A move above the resistance could open the door for a run toward $0.30.
ONDO Testing Lower Levels
ONDO has been dropping faster than other altcoins, currently sitting around $0.92. Key support is at $0.90, while resistance lies near $1.05.
A break below support could lead to sharper losses, while reclaiming the resistance might trigger a recovery.
Related: Cardano’s Push for Privacy and Precision Gains Momentum with Brave and Masumi Milestones
Cardano (ADA) Approaching Major Support Zone
Cardano (ADA) is getting closer to its strong support between $0.73 and $0.76. This level has held well in the past. If ADA can stay above this zone, it might aim for a move towards $0.85 and eventually $1.
A drop below $0.73 would weaken its outlook.
Related: Bitcoin Price Surge Drives Solana Memecoin Deployments
Avalanche (AVAX) Consolidates, Prepares for Possible Breakout
Avalanche (AVAX) is trading between $22 and $23.3. This is a key area to watch because if AVAX drops below $22, it could see a quick dip.
On the flip side, if it pushes above $23.5, the price might head back toward $26.
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