Altseason Watch: XRP, ADA, SUI Lead Price Surge Plus Five More to Watch
BULLISH
LTC
HBAR
BTC
LINK
- Altcoin market gains strength as Bitcoin dominance declines, signaling potential altseason.
- Chainlink, Cardano, and Hedera show bullish momentum but need volume for confirmation.
- Ethereum and XRP face resistance, while Litecoin struggles with declining market demand.
The cryptocurrency market is starting to look like the altseason is near and a few of these popular altcoins seem to make this evident through their bullish price action.
Supporting this trend is the Bitcoin dominance (BTC.D) factor that has begun to decline. This decline in Bitcoin dominance in what’s turning the market’s interest back on to these altcoins.
Specifically, the altcoins seeing the most attention are:
- Chainlink (LINK)
- Cardano (ADA)
- Hedera (HBAR)
- Sui (SUI)
- XRP
- Litecoin (LTC)
- Ethereum (ETH)
- Ondo (ONDO)
And because of this, traders are closely monitoring key support and resistance levels for these major assets elaborated below:
Chainlink (LINK) Price Momentum Builds Towards Breakout
LINK is currently trading at $18.25, reflecting a 2.46% gain in 24 hours.
Looking at recent price action, the price peaked above $18.40. However, it then retr…
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