📈 Prediction (TON and SOL):

😘 TON/USDT - #Toncoin is attempting to break above a key resistance level. This time, the breakout might be successful as investors are showing bullish sentiments, preferring to hold onto their assets rather than take profits. According to the active deposits on exchanges metric, active deposits of #TON have reached a two-month low. This indicates that holders are expecting a price increase. Forecast: The last time the price of Toncoin surpassed the $6.5 barrier, it rose to $7. Although the altcoin was unable to sustain above this level, it confirmed it as a critical resistance and support level. If the next breakout attempt succeeds, TON is likely to reach a new high and head towards the next resistance at $7.67. However, failure to hold above the key level will send the price of Toncoin back to $6.0. If this support is also lost, the altcoin is expected to drop to $5.4.

😍 SOL/USDT - The price of Solana's token has fallen to $166 at the time of writing, dropping below the critical mark of $169. This has intensified the bearish sentiment. Additionally, the altcoin has a very high correlation (0.93) with Bitcoin. This can be both an advantage and a disadvantage for SOL. A BTC rally benefits Solana. However, if BTC declines, #SOL may also be at risk. Currently, the latter scenario seems more likely. This is because Bitcoin recently lost its critical support at $68,500 and may continue to fall. Forecast* The price of Solana may either stabilize or drop to a low of $156, and from there head towards $137. However, if the overall market signals turn positive and Bitcoin's price recovers, #Solana could also benefit. This could counteract the current bearish sentiment for SOL and lead to consolidation between $169 and $156. Market optimism could eventually lead to a breakout above $169 and a rise to $200, nullifying the bearish scenario.

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