Some analysts believe Cardano’s price could soar, but not everyone shares this optimism. A prominent crypto expert argues that such high targets for Cardano are unlikely soon. Attention turns to other digital currencies that may offer better growth prospects. Discover which coins are gaining traction and why they might be poised for significant gains.
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Solana (SOL) Eyes Potential Surge as Bull Run Approaches
Solana’s price hovers between $138 and $154.94, showing promising signs of upward movement. With the nearest resistance at $162, breaking this level could push SOL toward the next target of $179. Over the past week, the price has climbed by 10.51%, and it’s up 16.65% this month, indicating growing momentum. Technical indicators support this trend: the Relative Strength Index is at 56.28, suggesting room for growth, and the bullish Stochastic level of 90.42 points to potential further gains. As the altcoin season draws near, Solana could capitalize on the market’s positive sentiment and possibly surpass its current resistance levels.
DOT Eyes Next Resistance as Altcoin Season Approaches
DOT is trading between $3.98 and $4.30, showing signs of consolidation. A weekly increase of 4.42% indicates growing momentum. The RSI at 52.69 suggests a bullish phase beginning. With the stochastic oscillator at 87.53, buying interest is strong. If DOT breaks the nearest resistance at $4.45, it could reach the next level at $4.77, offering potential gains of around 7%. The 10-day SMA nearing the 100-day SMA hints at an upcoming upward crossover. As altcoin season looms, DOT might surge towards previous highs. Watch for a breakout above resistance levels to confirm the upward trend.
NEAR Protocol Shows Signs of Rally Ahead of Potential Altcoin Season
NEAR Protocol’s price has been trading between $4.31 and $5.20, showing solid growth over the past month with a 16.33% increase. The Relative Strength Index (RSI) stands at 49.31, indicating the coin is neither overbought nor oversold, which could lead to upward momentum. The nearest resistance level is at $5.71; surpassing this could propel the price towards the second resistance at $6.61, offering a potential gain of around 27%. The Stochastic oscillator at 71.76 supports this bullish outlook. However, the MACD level is slightly negative at -0.008979, suggesting some caution. If the price dips, support levels at $3.92 and $3.02 may come into play. Overall, NEAR shows promising potential for growth.
Conclusion
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