- Ethereum faces resistance near recent highs, indicating ongoing consolidation between support and resistance levels.
- Toncoin struggles to maintain momentum above key resistance, reflecting strong selling pressure at higher levels.
- Solana’s positive trend is supported by recent rebounds, with potential for further gains if resistance levels are surpassed.
Ethereum, Toncoin, Notcoin, Solana and Fetch. ai (FET) are at the moment experiencing a lot of attention due to their recent trends in price movements.
Ethereum is currently priced at $2,617.27, reflecting a modest increase of 0.10% over the past 24 hours. With a substantial market capitalization of approximately $314.8 billion and a trading volume of $16.17 billion in the last day, Ethereum maintains a prominent position in the market.
Source: Coinmarketcap
Recently, the price found support around $2,525, which could be a crucial point for future stability. Another support level was observed around $2,575, where the price showed signs of recovery.
However, Ethereum faces resistance at $2,675, a level where the price previously peaked before retracing. Additionally, resistance is evident near $2,650. Although Ethereum is gradually recovering from recent dips, it hasn’t yet broken through the resistance at $2,675, indicating a phase of consolidation between support and resistance levels.
Toncoin, priced at $6.65, has experienced a 0.66% decline in the past day. Its market capitalization stands at around $16.76 billion, with a trading volume of $536.38 million a decrease of 23.11% compared to the previous day.
Source: Coinmarketcap
Toncoin recently touched a support level near $6.40, which is vital for maintaining stability. Another support level was seen around $6.50. On the resistance side, the price peaked at $6.80 before encountering selling pressure, with another resistance level at $6.70.
However, Toncoin has not been able to maintain its price beyond these support areas, pointing to solid selling pressure at these prices.
Notcoin is currently valued at $0.0109, which was down by 2. 084 percentage points over the last 24 hours. The market capitalization is approximately $1.12 billion, making its 24 hours trading volume to be $172.44 million a stark decline of 50.96% of the previous day, which is a fairly good improvement.
The price recently fell to a significant support level around $0.0106, which could play a crucial role in future price stability. Another support level is at $0.0107, where the price briefly stabilized. Resistance was encountered at $0.0112, with another resistance level around $0.0110.
Source: Coinmarketcap
The current trend shows a clear decline from the resistance at $0.0112, with the price hovering near support levels. The consolidation phase after the drop suggests a need for careful observation before any significant recovery.
Solana (SOL) has shown a positive trend with its current price at $144.79, representing a 1.70% increase over the past day. The market cap is approximately $67.59 billion, and the 24-hour trading volume is $3.10 billion, up by 12.19%.
Source: Coinmarketcap
Key support levels for Solana are at $142.12, where the price found support before rebounding, and around $136, which marks the lower end of recent price dips.Resistance is observed at $145, which is the current price levels and at $146, which has been the peak previous levels faced selling pressure. Moving past a psychological level of $145 can signal optimistic developments and prices moving above $146 may be ideal for the bulls.
Fetch. ai (FET) is valued at $0.8536, reflecting a 2.05% increase the last 24 hours. It has a market capitalization of $2.15 billion and trading volume is $92.21 million a decrease of 16.14%. Immediate support for FET is around $0.838, where the price recently found support before rebounding.
Source: Coinmarketcap
Another major support level is at $0.82, which represents the lower boundary of recent dips. On the resistance side, $0.85 is currently acting as resistance, with another resistance level around $0.88. A break above $0.85 could signal further upward movement, while surpassing $0.88 might lead to additional bullish trends.
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