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ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout?


by Coin Edition
for CoinEdition
Crypto market analysis of an altcoin season breakout for ETH, ADA, and SOL, with a warning about market shakeouts.
  • Ethereum broke key levels and could soon target $4,000 or higher.
  • Cardano is nearing a breakout and may rally past the $1 mark.
  • Solana followed a textbook breakout and looks set for more gains

Altcoins are finally waking up. As Bitcoin’s dominance starts to fall, the market is beginning to see some serious movement in the rest of the crypto market. 

Ethereum, Cardano, Solana, and XRP among other altcoins are breaking key levels and it’s starting to feel like the early signs of a real altcoin season. 

Analysts have observed that the marker could be entering a bigger rally phase where altcoins surge and deliver life-changing gains. 

Ethereum clears major resistance with its sights on $4,000

Ethereum recently broke through its important $2,800 resistance level, a price zone it hovered around for weeks. 

Now that it’s trading well above this level,  ETH could make its way back to $4,000 soon.

Source: TradingView

If ETH continues to break above major resistance zones, the next big targets are $6,000, $8,000, and possibly even $10,000 in this bull cycle. These price jumps would likely come in stages, and could be triggered by Bitcoin dominanc…

The post ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout?


by Coin Edition
for CoinEdition
Crypto market analysis of an altcoin season breakout for ETH, ADA, and SOL, with a warning about market shakeouts.
  • Ethereum broke key levels and could soon target $4,000 or higher.
  • Cardano is nearing a breakout and may rally past the $1 mark.
  • Solana followed a textbook breakout and looks set for more gains

Altcoins are finally waking up. As Bitcoin’s dominance starts to fall, the market is beginning to see some serious movement in the rest of the crypto market. 

Ethereum, Cardano, Solana, and XRP among other altcoins are breaking key levels and it’s starting to feel like the early signs of a real altcoin season. 

Analysts have observed that the marker could be entering a bigger rally phase where altcoins surge and deliver life-changing gains. 

Ethereum clears major resistance with its sights on $4,000

Ethereum recently broke through its important $2,800 resistance level, a price zone it hovered around for weeks. 

Now that it’s trading well above this level,  ETH could make its way back to $4,000 soon.

Source: TradingView

If ETH continues to break above major resistance zones, the next big targets are $6,000, $8,000, and possibly even $10,000 in this bull cycle. These price jumps would likely come in stages, and could be triggered by Bitcoin dominanc…

The post ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Over $27 Million in Insider Tokens Set to Unlock Between July 21–27

Over $27 Million in Insider Tokens Set to Unlock Between July 21–27

More than $27 million worth of tokens are scheduled to be unlocked in the week of Jul...
Altcoins Rise as ETH Breaks Out, XRP Nears All-Time Highs

Altcoins Rise as ETH Breaks Out, XRP Nears All-Time Highs

Ethereum has seized control of the cryptocurrency market, soaring more than 50% since...