Avalanche Holds Key Demand Zone – Analyst Sets $30 Target If Momentum Holds
Avalanche has faced relentless selling pressure since mid-December, wiping out over 60% of its value and erasing all the gains from the impressive November 2024 rally. The extended downtrend has left investors uncertain about its near-term prospects as the entire market struggles to regain footing amid ongoing volatility. However, recent price action is offering a glimmer of hope, as AVAX appears to be stabilizing and finding strong demand at crucial levels. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? Top analyst Ali Martinez has....
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Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower. Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting a strong risk-to-reward setup on the Ethereum chart. According to Martinez, the current level offers a compelling entry point, suggesting that Ethereum could see a significant upside if it holds support. Related Reading: Solana....
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana’s price action suggests strength in the face of uncertainty. Investors are closely monitoring SOL’s ability to maintain its current levels, as a breakout could set the stage for substantial gains. Related Reading: Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead? Top analyst Ali Martinez recently provided technical insights highlighting Solana’s most....
Avalanche (AVAX) price may be a point of interest for many analysts especially since the gaming token is exhibiting formidable strength amid a bear market. AVAX price reveals a consistent ramping activity combined with a rise in price. Avalanche RSI reveals a breach on the overbought zone. High probability of breach can occur at the $50 barrier. Related Reading: Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67? AVAX Shows Solid Traction At $29.50 According to CoinMarketCap, AVAX price is currently swinging it at $29.50 and is showing immense bullish traction with an....
Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone. As positive momentum builds, experts are wondering whether Litecoin can reach the next crucial level: $128. At its current price of $127, it’s just a matter of time (hours?) before LTC can easily hit $128. Related Reading: Can XRP Hit $10,000? A Quadrillion Market Cap For The Coin If That Happens – Analyst Strong Recovery After Market Dip....
Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support. Ethereum Set to Break Dramatically Higher Once It Holds $500: Analyst The cryptocurrency is currently positioning to move higher as it holds the $390-400 region. As reported by Bitcoinist previously, analysts say that if the coin […]