- Solana’s support at $174 may provide stability amid bullish momentum above $180.
- Celestia needs to break $5.20 to initiate a potential bullish trend moving forward.
- Dogecoin’s surge shows strong market interest, targeting $0.17 after resistance at $0.165.
The cryptocurrency market is showing positive momentum, with Solana (SOL) climbing above $180. This trend has positively impacted cryptocurrencies mainly; Celestia (TIA) and Dogecoin (DOGE).
Solana’s Upward Momentum and Key Levels
SOL has shown a robust recovery over the past day, rising by 3.47%. Currently priced at $180.09, the cryptocurrency demonstrates a strong bullish trend. The nearest support level sits around $174, where the price has previously rebounded.
This level could provide support if there is a pullback. There is also a support area near $176.
Top 10 Crypto Prices: BTC, ETH, BNB, SOL, XRP, DOGE, and More
On the upside, the immediate resistance for SOL is near $182. This level marks a prior peak and could be a pivotal point for further gains. If SOL breaks above this resistance, it may pave the way for a rally toward the next resistance zone at $185. Traders should monitor these levels closely, as sustained buying pressure could lead to higher prices.
Celestia’s Price Dynamics and Potential Breakout
Turning to Celestia (TIA), the price currently stands at $5.05, reflecting a modest daily increase of 0.15%. The price has faced some fluctuations, particularly between the $4.85 and $5.20 ranges. The support level at $4.85 is crucial, as it has historically provided a bounce-back point during dips.
Conversely, the short-term resistance is around $5.20, where the price previously peaked. A decisive break above this level could signal the beginning of a bullish trend for TIA, whereas a drop below $4.85 may pose downside risks.
Dogecoin’s Impressive Daily Gains
Dogecoin (DOGE) has demonstrated a notable upward trend, rising from approximately $0.1431 to $0.1646. This 15.09% increase over the past day showcases strong market interest. The initial price of $0.1431 serves as a potential support level, representing the price point before the recent surge.
On the resistance side, DOGE may face immediate challenges around $0.165. If it can surpass this level, further gains are likely, with the next psychological target being $0.17.
The market sentiment around DOGE is also optimistic, reflected in a 15.11% increase in market capitalization and a staggering 151.16% surge in trading volume. This suggests significant buying interest and reinforces the bullish outlook for DOGE.
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