- SUI, SOL, and LINK approach key resistance levels, signaling potential price breakouts.
- HBAR outperforms with a 23.7% surge, testing new resistance at $0.2500.
- LTC and ADA hold strong but need momentum to surpass psychological resistance levels.
The cryptocurrency market is seeing a surge in prices, with several assets experiencing notable gains. Among the top-performing assets, Sui (SUI), Solana (SOL), Chainlink (LINK), Ondo (ONDO), Litecoin (LTC), Hedera (HBAR), Aave (AAVE), and Cardano (ADA) are showing strong bullish trends.
Investor sentiment remains positive, pushing prices higher despite varying levels of trading volume. Market participants are closely watching key support and resistance levels to gauge potential price movements.
Sui (SUI) Gains Momentum, Testing Resistance Levels
Sui (SUI) is currently priced at $2.85, reflecting a 9.17% increase in the last 24 hours. The asset has shown strong upward movement, rising from $2.61 to a high of $2.90 before a slight dip.
Despite the bullish trend, trading volume declined by 19.07%, suggesting reduced buying momentum. If SUI surpasses $2.90, it may test the $3.00 level, with potential gains up to $3.20. But, failure to hold above $2.90 could lead to a drop back toward $2.75 or lower.
Solana (SOL) Approaches Key Resistance at $150
Solana (SOL) has climbed 5.43% in the last 24 hours, trading at $140.68. The price surged from $133.50 to a peak of $150 before facing resistance.
Market cap growth of 7.29% indicates strong demand, while a 2.61% increase in trading volume suggests continued interest. A breakout above $150 could push SOL toward the $155–$160 range, while a rejection may lead to support being retested at $138–$135.
Chainlink (LINK) Faces Selling Pressure at $15
Chainlink (LINK) is currently valued at $14.47 after a 5.56% rise. It surged from $13.71 to $15.00 before retreating. Although the market cap increased by 5.55%, a sharp 37.58% drop in trading volume indicates weakening momentum. If LINK breaks above $15, it could rally toward $16. If not, a decline to $14.00 remains possible.
Ondo (ONDO) Strong, But Resistance Looms
Ondo (ONDO) has gained 9.76% to reach $1.00. The price advanced from $0.91 to $1.02 before pulling back slightly.
Market cap growth suggests strong buying interest, but a 10.89% dip in trading volume indicates reduced enthusiasm. A breakout past $1.05 could trigger a move toward $1.10, while failure to sustain gains may result in a pullback to $0.98–$0.95.
Litecoin (LTC) Holds Above $124, Eyes $130
Litecoin (LTC) is trading at $124.78, up 4.32% in 24 hours. The asset’s price increased from $119.46 to a high of $130 before a pullback.
Although the market cap rose, trading volume declined by 37.16%, signaling potential exhaustion. If LTC breaks above $130, it could aim for $135, but failure to sustain momentum might lead to a drop to $122.
Related: Altseason Watch: XRP, ADA, SUI Lead Price Surge Plus Five More to Watch
Hedera (HBAR) Outperforms with a 23.7% Surge
Hedera (HBAR) is one of the top gainers, trading at $0.2318 after a 23.7% increase. The price climbed from $0.1867 to $0.2377, reflecting strong bullish activity.
If HBAR surpasses $0.2377, it could test $0.2500 or even $0.2650. A rejection, however, may push the price back to $0.2150–$0.2000.
Aave (AAVE) Pushes Toward $200
Aave (AAVE) is currently priced at $186.66, up 2.97% in 24 hours. The price moved from $181.08 to a high of $194 before dropping slightly. A break above $194 could pave the way for a move toward $200, while rejection at this level may lead to a retest of $184.
Cardano (ADA) Targets Higher Resistance
Cardano (ADA) has seen a 6.41% increase, trading at $0.6354. The price surged from $0.5961 to $0.650 before a minor decline. A breakout past $0.650 could push ADA toward $0.670, while failure to hold above key levels may result in a pullback to $0.610.
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