Ethereum faces resistance near recent highs, indicating ongoing consolidation between support and resistance levels.
Toncoin struggles to maintain momentum above key resistance, reflecting strong selling pressure at higher levels.
Solana’s positive trend is supported by recent rebounds, with potential for further gains if resistance levels are surpassed.
Ethereum, Toncoin, Notcoin, Solana and Fetch. ai (FET) are at the moment experiencing a lot of attention due to their recent trends in price movements.
Ethereum is currently priced at $2,617.27, reflecting a modest increase of 0.10% over the past 24 hours. With a substantial market capitalization of approximately $314.8 billion and a trading volume of $16.17 billion in the last day, Ethereum maintains a prominent position in the market.
Source: Coinmarketcap
Recently, the price found support around $2,525, which could be a crucial point for future stability. Another support level was observed around $2,575, where the price showed signs of recovery.
However, Ethereum faces resistance at $2,675, a level where the price previously peaked before retracing. Additionally, resistance is evident near $2,650. Although Ethereum is gradually recovering from recent dips, it hasn’t yet broken through the resistance at $2,675, indicating a phase of consolidation between support and resistance levels.
Toncoin, priced at $6.65, has experienced a 0.66% decline in the past day. Its market capitalization stands at around $16.76 billion, with a trading volume of $536.38 million a decrease of 23.11% compared to the previous day.
Source: Coinmarketcap
Toncoin recently touched a support level near $6.40, which is vital for maintaining stability. Another support level was seen around $6.50. On the resistance side, the price peaked at $6.80 before encountering selling pressure, with another resistance level at $6.70.
However, Toncoin has not been able to maintain its price beyond these support areas, pointing to solid selling pressure at these prices.
Notcoin is currently valued at $0.0109, which was down by 2. 084 percentage points over the last 24 hours. The market capitalization is approximately $1.12 billion, making its 24 hours trading volume to be $172.44 million a stark decline of 50.96% of the previous day, which is a fairly good improvement.
The price recently fell to a significant support level around $0.0106, which could play a crucial role in future price stability. Another support level is at $0.0107, where the price briefly stabilized. Resistance was encountered at $0.0112, with another resistance level around $0.0110.
Source: Coinmarketcap
The current trend shows a clear decline from the resistance at $0.0112, with the price hovering near support levels. The consolidation phase after the drop suggests a need for careful observation before any significant recovery.
Solana (SOL) has shown a positive trend with its current price at $144.79, representing a 1.70% increase over the past day. The market cap is approximately $67.59 billion, and the 24-hour trading volume is $3.10 billion, up by 12.19%.
Source: Coinmarketcap
Key support levels for Solana are at $142.12, where the price found support before rebounding, and around $136, which marks the lower end of recent price dips.Resistance is observed at $145, which is the current price levels and at $146, which has been the peak previous levels faced selling pressure. Moving past a psychological level of $145 can signal optimistic developments and prices moving above $146 may be ideal for the bulls.
Fetch. ai (FET) is valued at $0.8536, reflecting a 2.05% increase the last 24 hours. It has a market capitalization of $2.15 billion and trading volume is $92.21 million a decrease of 16.14%. Immediate support for FET is around $0.838, where the price recently found support before rebounding.
Source: Coinmarketcap
Another major support level is at $0.82, which represents the lower boundary of recent dips. On the resistance side, $0.85 is currently acting as resistance, with another resistance level around $0.88. A break above $0.85 could signal further upward movement, while surpassing $0.88 might lead to additional bullish trends.
The post ETH, TON, NOT, SOL, FET Make Waves: Price Analysis and Outlook appeared first on Coin Edition.
