5 Altcoins to Watch as They Display Strong Upside Momentum

Savvy crypto investors are currently looking at Ethereum (ETH), Solana (SOL), Algorand (ALGO), Dogecoin (DOGE), Avalanche (AVAX), and Toncoin (TON).

In the dynamic realm of cryptocurrencies, savvy investors are keeping a close watch on Ethereum (ETH), Solana (SOL), Algorand (ALGO), Dogecoin (DOGE), Avalanche (AVAX), and Toncoin (TON). These six altcoins have shown promising upside momentum, suggesting potential opportunities for those seeking near-term gains following recent market activity. Each token has demonstrated resilience and is attracting attention with strong buying interest.

As the market navigates a period of volatility, these altcoins have managed to stand out with their relative stability and signs of bullish pressure.

As the market navigates a period of volatility, these altcoins have managed to stand out with their relative stability and signs of bullish pressure.

Here’s a closer look at the technical analysis and factors to consider for each altcoin:

Ethereum (ETH) Above $1,900 As Next Resistance Levels In Focus

Ethereum has maintained a steady bullish trajectory, rising above the $1,900 mark after a brief decline. It found support around the $1,860-$1,880 zone before rebounding, establishing a pattern of higher highs.

The next level traders will be watching is the $1,950 resistance. A clean break above that could send ETH towards $1,970 and then the psychological $2,000 mark. It remains to be seen if this momentum will hold.

Solana (SOL) Recovers Strongly As Buyers Return Above $126

Solana has shown resilience, recovering from a low of $122 to trade above the $126 level. There’s clear interest around the $123 support, suggesting this uptrend might continue.

Resistance is now seen at $127 and then $130. If SOL can break through those levels, we could see a move towards the $135-$140 zone. Its technology and adoption keep it in the spotlight.

Algorand (ALGO) Consolidates Near Key Resistance At $0.190 After Recovery From $0.182 Lows

Algorand (ALGO) Consolidates Near Key Resistance At $0.190 After Recovery From $0.182 Lows

Algorand (ALGO) Consolidates Near Key Resistance At $0.190 After Recovery From $0.182 Lows

Algorand has displayed strength, recovering from lows of $0.182 and breaking above the $0.188 level. It is now consolidating near a key resistance level at $0.190. Further gains are possible if it can break past the $0.192 zone.

A decisive break above $0.192 could send ALGO towards the $0.200 level, with $0.205 being the next potential target. Support is seen around the $0.185 zone.

Dogecoin (DOGE) Awaits Next Move As Social Media Hype Could Send It Soaring Again

Dogecoin dipped to the $0.164 level but quickly bounced back above $0.167 and is now consolidating around the $0.168 mark.

The next resistance levels to watch are at $0.170 and then $0.175. A break above those levels could pave the way for a move towards the $0.180 zone. As always with DOGE, a surge in social media interest could trigger a rapid rally.

Avalanche (AVAX) Tests $19.20-$19.30 Resistance As Crucial $20.00 In Sight

Avalanche bounced back from its lows of $18.20 and is now holding above the $19.00 mark. It’s currently testing a resistance zone between $19.20 and $19.30.

A successful break above this resistance could lead to a move towards the $19.50 level, followed by the crucial $20.00 resistance. Developments in the AVAX ecosystem continue to make it a hot topic.

Toncoin (TON) Surges Above $3.57 After Slight Pullback From $3.65 Highs

Toncoin has shown good upward momentum, climbing from the $3.52 zone to trade above the $3.57 level. It dipped to the $3.52 zone after testing the $3.65 resistance earlier.

If it can break through that $3.65 level, the next resistance is seen at $3.70, followed by the $3.80 zone. Support is now seen in the $3.50-$3.55 range.