Bitcoin has been on the back burner lately, while Ripple has been showing positive momentum. Want to know what other major cryptocurrencies are doing? Get to know the latest trends and performance of major digital assets. Which ones will soar and which will lag behind? Dive into the details to find out which coins are worth watching.
BTC
Bitcoin is having a tough time, oscillating between $55,000 and $61,000. Recent movements show that bears have the upper hand, with prices falling 2% in the past week and more than 12% this month. Bulls need to break through $64,000 to regain strength, with the next milestone likely to be $70,000. Currently, support is around $53,000, and if it breaks, a drop to $47,000 is possible. Despite a 15% gain in six months, the potential is limited in the short term, with a gain of about 10% needed to spark new growth.
XRP
XRP is currently trading between $0.55 and $0.60, struggling to break out of the $0.65 resistance level. The coin is showing mixed signals with an RSI of 47.07 and MACD levels just below zero, indicating weak buying pressure. Over the past week, XRP has seen a slight increase of around 3% but is down 0.55% over the past month. However, the 10% growth over the past six months offers some hope. If the bulls manage to push the price above $0.60, the next target could be $0.64, representing a possible 10% gain. But for now, the bears appear to be in control, limiting strong upside moves.
SUN
Solana (SOL) is hovering between $135 and $151.05, indicating that bulls remain weak. It faces resistance at $159.61 and support at $127.69. The RSI is 36.80 and the MACD level is -0.56, which indicates a bearish outlook for the stock in the short term. SOL has fallen by 23.40% in the past month but is still up 39.07% in six months. If it can break out of $159.61, it could reach $175.57, which would be a projected increase of nearly 17% from the current high of the range. However, a break below the lower end could push it down to $111.73, which would mean a possible decline of about 20%.TON
Toncoin (TON) is trading in a range of $6.21 to $7.41, showing instability. Bulls seem weak while bears have more of an advantage, up 3.10% in a week but down 7.35% in the past month. However, the coin has surged more than two times in six months, indicating growth potential. Key resistance levels are at $7.94 and $9.14, which, if crossed, could see sizeable gains, possibly up 28% from the current high. Support levels at $5.53 and $4.32 are key points to watch. With the RSI at 41.84 and MACD close to zero, the short-term bullish momentum looks limited, but the long-term outlook remains positive.
DOT
Polkadot (DOT) is hovering between $4.17 and $4.64, showing weak bullish momentum. Its price is down nearly 30% this month and bears seem to be in control. The key support is at $3.95 and the resistance is at $4.89. If the bulls break this resistance, DOT could move up to $5.36, a possible gain of 15%. Indicators such as the RSI and Stochastics are currently close to the mid-range, suggesting neutral momentum. MACD levels show limited bullish pressure. In the past week, DOT has barely moved and has declined slightly. For a solid growth, DOT must break above its nearest resistance.#BTC☀ #sol板块 #TON生态 #xrp即将进入爆发期 $TON $BTC $SOL
Reprinted from CoinWorld.com