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HomeNewsPreparing for Solana ETF Boom: Which Cryptos to Watch?

Preparing for Solana ETF Boom: Which Cryptos to Watch?

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A Bull Run and altcoin season are just around the corner. The crypto market is currently calm, but it’s like the calm before a storm. Altcoins are at their lows, poised for a potential explosion. As excitement builds, attention is turning towards the upcoming launch of Solana ETFs. Investors are keen to know which cryptos are ready to ride the wave of growth. This article reveals the top coins to watch, setting the stage for a thrilling season in the crypto world. Will these altcoins be the stars of the next Bull Run? Dive in to discover the potential frontrunners in the anticipated market surge.

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Solana (SOL) Gears Up for a Bullish Breakout

Solana (SOL) is hovering between $128.9 and $157.62, showing some bullish momentum. Despite a slight dip over the past month, the coin has surged by nearly 15% in the last week and almost 38% in the past six months. SOL’s price is holding strong at around its 10-day and 100-day moving averages, suggesting a potential rally. With the nearest resistance at $168.72, a break past this level could set SOL on a course to test $197.44. Should this happen, the price could rise by over 25%, signaling that the bulls are gaining strength and ready to push the coin higher.

Starknet (STRK): Bulls Eyeing The Resistance Levels

Starknet (STRK) is showing potential despite recent setbacks. The current price is between $0.63 and $0.76, with bulls slightly weakened by a 3% drop in the past week and a 43% drop over the month. However, there’s a promising 235% increase over six months, indicating underlying strength. The key resistance levels are $0.82 and $0.95. If bulls break through these, we could see significant gains. The RSI at 47.49 and stochastic at 39.97 suggest it’s neither oversold nor overbought, giving room for upward movement. Bulls aiming past $0.95 could see growth exceeding 20-50%, making STRK an altcoin worth watching.

Avalanche (AVAX) Poised for Growth: Bulls Showing Strength

Avalanche (AVAX) is currently trading between $25.42 and $31.41, with bulls appearing to gain momentum. The nearest resistance is at $33.46, while support sits at $21.50. Over the past week, AVAX has surged by over 18%, showing strong bullish signs. If AVAX breaks the $33.46 resistance, it could head towards the $39.44 mark, a potential rise of about 25%. The recent drop in value over the last month and six months suggests volatility, but the current upswing hints at a promising altcoin season, with AVAX bulls gearing up for significant gains. With the RSI at 58, there’s still room for AVAX to grow before hitting overbought conditions.

Celestia (TIA) Ready for a Bullish Turnaround Amid Market Shifts

Celestia (TIA) has struggled recently, trading between $5.59 and $6.94. Bears have had their turn, but there’s a glimmer of hope for bulls. The price is near its nearest support level, just above $5.00, with resistance at $7.68. If Celestia breaks this resistance, we could see it head towards the second resistance at $9.03, marking a significant growth of over thirty percent from current prices. While its one-month drop of nearly forty-four percent seems steep, the potential upside could be eye-catching for bullish investors in an emerging altcoin season. Keep an eye on the short-term moving averages; they might signal a reversal soon.

Conclusion

SOL, STRK, AVAX, and TIA show less potential in the short term. CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With features like lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

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Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: [email protected] Phone: +49 160 92211628
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