Altcoin Season Kicks Off With OFFICIAL TRUMP—Don’t Miss These Top Crypto Buys!
The post Altcoin Season Kicks Off With OFFICIAL TRUMP—Don’t Miss These Top Crypto Buys! appeared first on Coinpedia Fintech News
The altcoin market is buzzing with activity as a fresh wave of cryptocurrencies gains momentum. A new token associated with a well-known personality has grabbed the spotlight, signaling the start of an exciting period for digital assets. Investors are eager to identify the next big opportunities. Explore which cryptocurrencies are set to make waves and why they shouldn’t be overlooked.
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Solana (SOL) Rides Bullish Wave Amid Anticipated Altcoin Season
Solana (SOL) has shown strong performance recently. In the past week, its price increased by over 36%, and over 32% in the past month. Trading within a price range of $182.53 to $308.44, the coin exhibits significant volatility but an overall bullish trend. Technical indicators like the RSI at 50 suggest a neutral market, while the Stochastic oscillator around 63 supports this stance. Although the MACD Level is slightly negative, the recent price gains point toward strengthening bullish momentum.
Looking ahead, Solana’s nearest resistance level is $365. If bulls push the price above this, it could target the second resistance at $491, potentially exceeding a 50% increase from current levels. The 10-day and 100-day Simple Moving Averages above $238 indicate a positive trend. However, the nearest support level at $113 is crucial; dropping below it might signal a bearish shift. With expectations of an altcoin season and a global crypto bull run, Solana could see significant growth soon.
HBAR Eyes Resistance Levels as Altcoin Season Approaches
Hedera (HBAR) has experienced notable price growth in recent times. Over the past week, its price increased by over 30%, and in the past month, it rose by more than 34%. In the last six months, HBAR’s price surged by over 400%. This strong upward movement indicates bullish momentum in the market.
Currently trading between $0.25 and $0.40, HBAR is approaching its nearest resistance level at $0.47. If it breaks this level, the price could rise toward the next resistance at $0.62, marking a significant percentage increase. Technical indicators like the Relative Strength Index around 58 and the Stochastic oscillator over 84 suggest strong buying pressure. With the simple moving averages for 10 and 100 days both at $0.36, the trend appears steady. The bulls seem to be in control, and HBAR might continue its upward trajectory in line with the anticipated altcoin season.
NEAR Protocol Gains Momentum Amid Market Optimism
NEAR Protocol’s price has been moving between $4.30 and $5.76 lately. Over the past week, it has risen by 7.97%, showing a positive trend. The Relative Strength Index (RSI) is at 54.59, which suggests a balanced market without extreme buying or selling pressure. Bulls seem to be gaining strength as the price approaches the nearest resistance level at $6.55.
If NEAR Protocol breaks through the $6.55 resistance, it could aim for the next level at $8.00. This would mean an increase of around 40% from current prices. The 10-day and 100-day simple moving averages are close, at $5.31 and $5.36 respectively, indicating a stable trend. With continued bullish momentum, NEAR Protocol might reach these higher levels in the near future.
Toncoin’s Current Consolidation: Potential for Breakout in Altcoin Season
Toncoin (TON) has been trading within a range of $4.54 to $5.42, showing a slight downward trend over the past week with a 4.65% decrease. The 10-day Simple Moving Average (SMA) is at $5.06, below the 100-day SMA of $5.32, indicating that bears currently have the upper hand. The Relative Strength Index (RSI) is near the neutral level at 49.83, suggesting neither overbought nor oversold conditions.
With the altcoin season on the horizon, Toncoin could see a reversal. If bulls can push the price above the nearest resistance at $5.98, the next target is the second resistance level at $6.86. This move would represent a potential increase of approximately 20% from the current price range. On the downside, if the price falls below the support at $4.22, the next support level is at $3.35.
Conclusion
Though SOL, HBAR, NEAR, and TON are strong buys, XYZVerse ($XYZ), the first all-sport memecoin, targets 20,000% growth, merging meme hype with sports in a community-driven ecosystem.
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