Current information about popular altcoins in the cryptocurrency market
*Ethereum (ETH): The market is uncertain due to BTC ETF speculation. ETH price also had difficulty rising and lost 4.5%. The main support is at $2,150 and as ETH stays above this triangle, buyers have the upper hand
Ripple (XRP):Ripple broke the 54 cent resistance, falling 5.6%
Cardano (ADA): No specific update, but analysts list Cardano among altcoins likely to grow in 2024
Solana (SOL): Solana price continues to lose momentum, especially due to problems in the ecosystem. There was a support break in the SOL/ETH parity. The first formation structure that attracts attention on the four-hour Solana chart is the falling channel formation. While this formation structure provides important clues to many investors, it is of great importance that there is no support or resistance breakout.
Binance Coin (BNB): There is no specific update about Binance Coin, but the activity in the cryptocurrency market in general may also affect the value of BNB.