1. Bitcoin:

- Current volatility attributed to new spot ETFs.

- Potential for a crypto rebound from $42,500 to $47,000 this week.

2. Ethereum:

- Maintaining stability above $2,460.

- Promising signs for a rally towards $3,000.

3. Solana:

- Demonstrating bullish trends under $100.

- Aiming for a potential surge of about 40%, reclaiming previous highs around $126.

4. Jito:

- Found support at $1.43.

- Signals suggest a possible 40% climb, targeting $3.6.

5. Internet Computer (ICP):

- Consolidating above $11.7.

- Indications point towards a bullish trend with a potential gain of 40-60% towards $18-$21.

In the previous week, the crypto market experienced significant volatility, particularly due to the approval of spot Bitcoin ETFs. The market witnessed fluctuations where Bitcoin alternately outperformed altcoins, and vice versa, sometimes leading to simultaneous crashes or declines.

Despite the turbulence, we have identified several cryptocurrencies worth monitoring in the upcoming week, considering factors such as price action, historical performance, and relevant news.

1. Bitcoin:

Bitcoin remains a key focus, mainly due to the novelty of ETFs in the market and their uncertain impact on Bitcoin's price. The cryptocurrency exhibited both gains and losses attributed to ETF developments throughout the week, contributing to speculation about whether the approval was a "sell-the-news" event. Bitcoin, currently stabilizing around $42,500, might experience a rebound from the ascending trendline when ETFs resume trading on Monday. A potential rally to $47,000 is plausible if Bitcoin maintains support above $42,500.

2. Ethereum:

While Ethereum's performance may mirror Bitcoin's sluggishness, it has shown resilience above $2,460, a crucial support level for its near and medium-term outlook. Predicted to reach $3,000 or even $3,500, Ethereum's success in achieving this depends on maintaining support above $2,460. A potential rally to $3,000 is anticipated, but a break below the trendline could lead to a decline to $2,300.

3. Solana:

Solana, currently trading around $100, exhibits signs of strong bullishness despite facing psychological resistance. Staying above the ascending trendline, Solana is poised for an upward move. However, confirmation of bullish strength requires breaking and closing above the previous high of $126 from December 25th.

4. JITO (Solana-based):

JITO, a popular Solana-based cryptocurrency, has found support around $1.43 and appears to be in the midst of a rebound. The chart suggests a potential 40% rally to the next resistance point at $3.6. Trading at approximately $2.62 with a 26.5% increase in the last day, JITO exhibits a strong bullish presence.

5. Internet Computer:

Similar to Ethereum, Internet Computer broke above the $11.7 resistance and is consolidating above this level. The consolidation, marked by higher highs around $11, indicates a strong bullish trend. Internet Computer is showing signs of initiating a rebound, with a potential price target between $18 and $21, promising a 40–60% rally if conditions remain favorable.

Disclaimer: While Voice of Crypto aims for accuracy, it does not take responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, and users are advised to conduct thorough research and make informed financial decisions.

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