- Ethereum holding support; breakout above $2,800 could trigger strong rally.
- Cardano broke trend; buy zone between $0.65 and $0.68.
- Solana approaching resistance; support strong near $145 for accumulation.
The crypto market is showing signs of recovery after a shaky week. Despite market fears triggered by headlines involving Elon Musk and Donald Trump, prices held steady and strong buying interest returned at lower levels.
Now, according to an analyst, Bitcoin is approaching the $109,000 to $110,000 range and altcoins are also entering buy zones, with several showing early signs of a breakout after weeks of slow movement.
The Major Altcoins: Ethereum, Cardano, and Solana Signal Strength
Ethereum (ETH): Preparing for the Next Leg
Ethereum has cooled off slightly but remains in a strong long-term uptrend. Price is holding support between $2,300 and $2,400.
The next big test is around $2,700–$2,800, and a break above that could send ETH flying toward $3,500–$3,700.
Related: Ethereum Breaks Long-Term Downtrend as Spot ETF Inflows Hit 15 Straight Days
Cardano (ADA): Showing Strength and Ready to Pop
Cardano is one of the strongest-looking altcoins right now. It recently broke out of a downward trend, retested the breakout zone, and is now back in the buy zone between $0.65–$0.68.
If momentum continues, ADA could climb toward $0.76–$0.80 soon.
Solana (SOL): Testing Key Resistance
Solana is still in an accumulation zone, trading just below a major resistance area. Price is hovering between $149 and $155, and a clean break above could result in a fast move up.
The analyst said that this is one to watch closely and support is at $145.
Related: Altcoin ETFs: Why XRP, Solana and DOGE May Be Next on the SEC’s Approval List
Smaller-Cap Altcoins Showing Breakout Potential
Beyond the large-caps, several other altcoins are displaying bullish technical structures. SEI has broken out of its short-term trend and is getting ready to test its next resistance level. ONDO and Nakamoto Games (NAKA) are in clear accumulation zones, meaning traders are quietly buying them up and they could see strong bullish moves soon.
Dogecoin is showing signs of a comeback, moving above its earlier resistance level. Chainlink is sitting in a good accumulation zone too, making it another coin worth keeping an eye on. Other altcoins like Injective, Algorand, and Toncoin are also starting to show early signs of breakout on their charts.
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