Bitcoin at one point surged to $99,000! Analyst: "These 4 coins" show signs of a breakthrough, could they skyrocket this week?
Solana ($SOL) Price Trend Prediction
Upadhyay pointed out that Solana ($SOL) is facing resistance at the 50-day moving average ($219), but a positive signal is that there has not been a significant pullback yet.
From the daily trend, the 20-day Exponential Moving Average (EMA) ($204) has started to reverse upward, and the Relative Strength Index (RSI) is also in the buying zone, indicating that bulls are in control.
Sui ($SUI) Price Trend Prediction
Upadhyay noted that the bulls had pushed Sui ($SUI) above the strong resistance level of $4.96, restoring the upward trend.
Bears will attempt to pull the price back below the breakout level of $4.96 to trap aggressive bulls. If successful, $SUI might drop to the 20-day EMA ($4.49), and if it further dips below $3.94, it would indicate that $SUI may have peaked in the short term.
Internet Computer ($ICP) Price Trend Prediction
Upadhyay pointed out that Internet Computer ($ICP) surged above the moving average on January 3, indicating a potential change in the short-term trend.
From the daily trend, $ICP is facing selling pressure around $13, and if there is a pullback, the moving average below will provide strong support. If it rebounds strongly from the moving average, it indicates that market sentiment remains positive, and it might rise to $14, followed by an increase to $15, where bears are expected to defend strongly.
Ethena ($ENA) Price Trend Prediction
Upadhyay highlighted that Ethena ($ENA) has formed a cup-and-handle bullish pattern, which will be completed upon breaking out and closing above $1.30 for the day.
From the daily trend, the 20-day EMA ($1.04) for $ENA has started to move upward, and the RSI is in the buying zone, indicating that bulls have the advantage. If it can break above $1.30, it may rebound to $1.52, followed by a rise to $1.72, while the target price for the cup-and-handle pattern is set at $2.41.
