Altcoins
Watch these three Altcoins in the coming days
As the market recovers, altcoins are also starting to move. Below, we will look at SOL, WIF and DOT which look promising this week.
Solana
The price has surpassed $164 and SOL seems ready to test the current yearly high of $206, which is acting as resistance. If buyers manage to push the price above this key level, the rally will begin at the all-time high at $260.
Over the past seven days, Solana is also up 22%, an impressive number. Considering this price action, it is very likely to continue, especially if Bitcoin also moves higher.
Dogwifhat
Don’t reject meme coins! WIF is one of the most successful memes in this cycle and its price seems to consolidate below the key resistance at $3.3. So far, buyers have managed to reach higher lows, and if they break this resistance, WIF could escape and reach a new all-time high.
In the last 24 hours, WIF price has increased by 5.5%, but on the weekly chart it is still in the red. However, this sideways movement could indicate a major move later.
Polka dot
The price action continues to move sideways as DOT remains within a range of $6.3 to $7.6. The longer the price consolidates in this area, the bigger the breakout will be once it arrives. Momentum indicators on the daily time horizon, such as the MACD and RSI, suggest that buyers may soon take over, thanks to the higher lows.
Over the past seven days, DOT is up 4%. All eyes are now on a possible break of the current resistance, which would likely bring back volumes and buyers.
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