- Ethereum broke key levels and could soon target $4,000 or higher.
- Cardano is nearing a breakout and may rally past the $1 mark.
- Solana followed a textbook breakout and looks set for more gains
Altcoins are finally waking up. As Bitcoin’s dominance starts to fall, the market is beginning to see some serious movement in the rest of the crypto market.
Ethereum, Cardano, Solana, and XRP among other altcoins are breaking key levels and it’s starting to feel like the early signs of a real altcoin season.
Analysts have observed that the marker could be entering a bigger rally phase where altcoins surge and deliver life-changing gains.
Ethereum clears major resistance with its sights on $4,000
Ethereum recently broke through its important $2,800 resistance level, a price zone it hovered around for weeks.
Now that it’s trading well above this level, ETH could make its way back to $4,000 soon.
If ETH continues to break above major resistance zones, the next big targets are $6,000, $8,000, and possibly even $10,000 in this bull cycle. These price jumps would likely come in stages, and could be triggered by Bitcoin dominance dropping further.
Related: Altcoins Rise as ETH Breaks Out, XRP Nears All-Time Highs
Cardano’s next big move could be a ‘short squeeze’
Cardano is also showing bullish signs as it approaches a key resistance zone near $1. Analysts note that once ADA breaks decisively above its current high, a “short squeeze” could happen, triggering rapid and aggressive upward price movement as bearish traders are forced to close their positions. On the downside, an important support level to watch is $0.76.
The strategy is similar to Ethereum’s: wait for confirmation of a breakout.
Solana: A textbook breakout and retest
Solana is providing a perfect example of how breakouts play out. SOL recently broke through a strong resistance level around $160, came back down to test that level as new support, and then bounced higher.
This is a classic bullish pattern and shows how price action can confirm future moves. If Solana continues this behavior, further gains could be ahead.
Why you need to be ready for a 15-40% ‘shakeout’
Even though altcoins are trending upward, the expert warned that short-term “shakeouts” are coming. These are sudden drops, typically 15% to 40%, that force out weak hands before prices continue higher.
Related: Meme Coins Lead Market Recovery with PENGU Up 504% Since Tariff Crash
These drops usually happen when leverage in the market increases and traders pile in too quickly. So while the long-term outlook is bullish, there could be sharp corrections.
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