Crypto Currency Market: Latest Price Forecasts and Resistance Levels

The crypto currency market has been following a volatile trend lately. While the rise of Bitcoin and increased ETF demand has had a positive impact on the market, altcoins are moving with different dynamics. Cryptocurrencies like Solana (SOL), which are rivals to Ethereum, are experiencing a rise due to meme coin effect, but the decrease in Bitcoin prices have also affected them. Solana (SOL) Resistances and Price Expectations Solana is struggling to break the $196 resistance. A rally to $205 and then up to $267 can be expected once this level is broken. However, falling below the $173 20-day EMA could lead to a price drop to $140. XRP Coin and Future Possible Scenarios Legal issues with the SEC are putting pressure on XRP. A potential $2 billion penalty could create significant selling pressure. With the current price at $0.62, if it falls below this level, it could lose value […]

Crypto Currency Market: Latest Price Forecasts and Resistance Levels

The crypto currency market has been following a volatile trend lately. While the rise of Bitcoin and increased ETF demand has had a positive impact on the market, altcoins are moving with different dynamics. Cryptocurrencies like Solana (SOL), which are rivals to Ethereum, are experiencing a rise due to meme coin effect, but the decrease in Bitcoin prices have also affected them.

Solana (SOL) Resistances and Price Expectations

Solana is struggling to break the $196 resistance. A rally to $205 and then up to $267 can be expected once this level is broken. However, falling below the $173 20-day EMA could lead to a price drop to $140.

XRP Coin and Future Possible Scenarios

Legal issues with the SEC are putting pressure on XRP. A potential $2 billion penalty could create significant selling pressure. With the current price at $0.62, if it falls below this level, it could lose value down to $0.52. In bullish scenarios, targets of $0.67, $0.74, and $0.94 may come into play.

Critical Levels for ADA Coin

In the case of a price forming below the critical resistance point of $0.68 for ADA Coin, the price could fall to $0.57. On the other hand, if this resistance is broken to the upside, targets of $0.7 and $0.81 may emerge. In a more bearish scenario, supports below $0.46 will come into play.

The crypto currency market offers different scenarios to investors based on such resistance levels and potential penalties. Each coin’s internal dynamics and market conditions continue to be decisive on prices.

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how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $67,144.000.41%
  • ethereumEthereum(ETH)
    $3,120.250.75%
  • tetherTether(USDT)
    $1.00-0.03%
  • binancecoinBNB(BNB)
    $579.75-0.17%
  • solanaSolana(SOL)
    $174.441.03%
  • usd-coinUSDC(USDC)
    $1.000.01%
  • staked-etherLido Staked Ether(STETH)
    $3,117.440.78%
  • rippleXRP(XRP)
    $0.52-0.24%
  • the-open-networkToncoin(TON)
    $6.450.46%
  • dogecoinDogecoin(DOGE)
    $0.1550470.25%
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