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MainNewsKey Altcoin ...

Key Altcoin Price Levels to Watch for Leading Altcoins: Ethereum, Solana, Dogecoin, XRP & Cardano


by Maxwell Mutuma
for CoinEdition
Critical Levels for 6 Leading Altcoins What Traders Need to Know
  • Ethereum’s support at $3,175 is crucial for potential rebound toward resistance levels.
  • Solana’s price stabilization above $182 could trigger a retest of key resistances.
  • Dogecoin’s immediate support at $0.325 is vital for avoiding further price decline.

Understanding key price levels is crucial for altcoin traders. Recent price action for Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), XRP, and Cardano (ADA) shows significant fluctuations, potentially influencing market sentiment in the short-term. These altcoins face varying degrees of resistance and support, making it essential to monitor key price points.

Ethereum (ETH) Price Action and Key Levels

Ethereum’s price has experienced a slight decline of 2.18%, dropping to $3,198.64. This downtrend follows a brief upward movement earlier in the day. Despite this, trading volume surged by 47.04%, reaching $16.39B, suggesting an increase in market activity. 

Etherum ETH price chart
Source: Coinmarketcap

ETH finds immediate support at $3,175, with additional levels at $3,150 and $3,100. Resistance lies at $3,325 and $3,268. If Ethereum stays above $3,175, a rebound is possible.

The post Key Altcoin Price Levels to Watch for Leading Altcoins: Ethereum, Solana, Dogecoin, XRP & Cardano appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsKey Altcoin ...

Key Altcoin Price Levels to Watch for Leading Altcoins: Ethereum, Solana, Dogecoin, XRP & Cardano


by Maxwell Mutuma
for CoinEdition
Critical Levels for 6 Leading Altcoins What Traders Need to Know
  • Ethereum’s support at $3,175 is crucial for potential rebound toward resistance levels.
  • Solana’s price stabilization above $182 could trigger a retest of key resistances.
  • Dogecoin’s immediate support at $0.325 is vital for avoiding further price decline.

Understanding key price levels is crucial for altcoin traders. Recent price action for Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), XRP, and Cardano (ADA) shows significant fluctuations, potentially influencing market sentiment in the short-term. These altcoins face varying degrees of resistance and support, making it essential to monitor key price points.

Ethereum (ETH) Price Action and Key Levels

Ethereum’s price has experienced a slight decline of 2.18%, dropping to $3,198.64. This downtrend follows a brief upward movement earlier in the day. Despite this, trading volume surged by 47.04%, reaching $16.39B, suggesting an increase in market activity. 

Etherum ETH price chart
Source: Coinmarketcap

ETH finds immediate support at $3,175, with additional levels at $3,150 and $3,100. Resistance lies at $3,325 and $3,268. If Ethereum stays above $3,175, a rebound is possible.

The post Key Altcoin Price Levels to Watch for Leading Altcoins: Ethereum, Solana, Dogecoin, XRP & Cardano appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum (ETH) Stalls Below $2.6K, Will Market Momentum Push It Higher or Trigger a Reversal?

Ethereum (ETH) Stalls Below $2.6K, Will Market Momentum Push It Higher or Trigger a Reversal?

The active mixed sentiment across the crypto assets is sending the prices to fluctuat...
Solana’s Next Move: Will Negative Funding Rates Trigger a Major Price Shift?

Solana’s Next Move: Will Negative Funding Rates Trigger a Major Price Shift?

Solana (SOL) is being put to the test as it is now the only top 10 cryptocurrency, ot...