- Ethereum targets $2,000 as bullish momentum builds above key support levels.
- Solana and Dogecoin show resilience, eyeing crucial resistance breakouts.
- Avalanche and Toncoin sustain growth, positioning for further price surges.
Savvy crypto investors are currently looking at Ethereum (ETH), Solana (SOL), Algorand (ALGO), Dogecoin (DOGE), Avalanche (AVAX), and Toncoin (TON). These five altcoins are displaying strong upside momentum, suggesting potential opportunities for those looking at near-term gains after recent market activity. Each has shown resilience and is attracting significant buying interest.
Ethereum (ETH): Eyes on the $1,950 Breakout
Ethereum has maintained a steady bullish trajectory, surpassing the $1,900 mark after a brief decline. It found support between $1,860 and $1,880 before rebounding, establishing a pattern of higher highs.
The next level traders are watching is the $1,950 resistance. A solid break above that could send ETH towards $1,970 and then the psychological $2,000 mark. Keep an eye on whether this momentum holds.
Related: CryptoQuant Spotlights Solana, Toncoin as Rally Picks Post BTC, BNB Surge
Solana (SOL): Recovering with Strength Above $126
Solana has shown resilience, rebounding from a $122 low and now trading above $126. There’s clear buying interest around the $123 support, suggesting this uptrend might stick.
Resistance at $127 and then $130 are the next hurdles. If SOL clears those, a move towards $135-$140 could be in play. Its tech and growing adoption keep it on the radar.
Algorand (ALGO): Holding Near Key $0.190 Resistance
Algorand has displayed strength, recovering from a low of $0.182 and surpassing $0.188. It is currently consolidating near a key resistance level at $0.190, with further gains possible if it breaks past $0.192.
If it can decisively break above $0.192, we could see a push towards $0.200, with $0.205 as the next potential target. Support around $0.185 looks solid for now.
Dogecoin (DOGE): Waiting for the Next Meme-Driven Pump
Dogecoin saw a dip to $0.164 but quickly bounced back above $0.167 and is currently consolidating around $0.168.
Resistance at $0.170 and then $0.175 are the levels to watch for a potential move towards $0.180. As always with DOGE, a surge in social media hype could trigger a rapid rally.
Avalanche (AVAX): Testing $19.20-$19.30 Resistance Zone
Avalanche bounced back from its $18.20 low and is now holding above $19.00. It’s currently testing resistance between $19.20 and $19.30.
A successful break here could lead to a move towards $19.50, followed by the crucial $20.00 resistance. Developments in the AVAX ecosystem continue to make it a contender.
Toncoin (TON): Sustained Climb with $3.65 in Sight
Toncoin has shown good upward momentum, climbing from $3.52 to above $3.57. It even touched $3.65 before hitting resistance.
Related: Crypto Price Check: ETH, SOL, ADA, AVAX Tank in Market Plunge
If it can break through that $3.65 level, the next targets are $3.70 and then $3.80. Support in the $3.50-$3.55 range looks like a good safety net.
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