The cryptocurrency market is warming up, bottoming out 3 altcoins with a future value of 100x!
SOL
Solana's trading price is between $198 and $240, showing signs of consolidation after a recent pullback. Despite a weekly decline of over 7% and a monthly decline of over 12%, Solana has risen by over 56% in the past six months.
The recent resistance level is around $255; breaking this resistance may pave the way for the next target near $290. The relative strength index is slightly below neutral, indicating there is room for upward movement.
ENA
ENA➬Ethena shows encouraging signs ahead of the anticipated altcoin season. The token has surged by 90.62% in the past month and is currently trading between $0.98 and $1.40. It hovers around the 10-day and 100-day simple moving averages near $1.15, indicating consolidation.
The RSI is 45.10, and the stochastic indicator is 50.64, indicating neutral momentum, while the positive MACD suggests a potential upward trend. If ENA breaks through the recent resistance level of $1.55, it could rebound to the second resistance level of $1.97.
AVAX
Avalanche (AVAX) is trading between $42.59 and $57.15. Although it has fallen by 12.18% in the past week, it has risen by 20.03% in the past month and 55.03% in six months. The relative strength index (RSI) is at 35.85, suggesting it is approaching the oversold region, indicating a potential rise.
The recent resistance level is $63; breaking this resistance may allow AVAX to reach $78, yielding significant gains from the current level. With the altcoin season approaching and expectations of a global cryptocurrency bull market, AVAX shows strong growth potential.
