Solana (SOL), Avalanche (AVAX) and IntelMarkets (INTL) are Altcoins to Watch

While Q4 is historically bullish, Trump’s presidential triumph drove the crypto market into a frenzy. Bitcoin (BTC) already registered four peak prices

Bitcoin (BTC) price soared to new highs this week, reaching $62,000 on Wednesday. The world’s largest cryptocurrency is now up more than 100% year-to-date.

Meanwhile, altcoins have also been rallying strongly. Solana (SOL) price crossed $200, surpassing its March highs. At the same time, Avalanche (AVAX) price skyrocketed by 10%.

On the other hand, traders are doubling down on this viral AI crypto. IntelMarkets (INTL) is at the crossroads of AI, blockchain technology and DeFi—a bullish narrative. Moreover, its significant upside potential further drives market interest.

Solana (SOL) price soared 10% as it crossed $200, surpassing its March highs. At the same time, Avalance (AVAX) price skyrocketed by 10%. Notably, both altcoins are breaking out from key resistance levels.

Bitcoin (BTC) price soared to new highs this week, reaching $62,000 on Wednesday. The world’s largest cryptocurrency is now up more than 100% year-to-date.

After a massive rally in the first half of 2023, Bitcoin (BTC) price consolidated in a bullish pennant. Now, breaking out from the pattern’s upper trendline, BTC price soared to reach new weekly highs.

A massive spike in buying pressure pushed Bitcoin (BTC) price up by 2.5% in the past 24 hours alone. Notably, BTC price soared by over 10% from the weekly open at $57,000.

Moreover, BTC price attempts to breach the upper Bollinger Band, indicating a breakout. A four-hour candle close above the Bollinger Band could signal a bullish continuation toward the $62,500 resistance level.

However, failure to breach the upper Bollinger Band could lead to a slight pullback to the four-hour simple moving average (SMA) 50 at $61,133.

Solana (SOL) price price soared to new all-time highs this week after crossing the psychological price level of $200. At press time, SOL price trades at $202, up by 6% over the past seven days.

After forming a bullish double bottom at the $160 support level, Solana (SOL) price price soared by more than 20% in the past week alone. Notably, SOL price is also up by over 300% since the beginning of 2023.

A massive spike in buying pressure pushed Solana (SOL) price up toward the upper Bollinger Band. Moreover, a four-hour candle close above the Bollinger Band could signal a bullish continuation toward the $210 resistance level.

However, failure to breach the upper Bollinger Band could lead to a slight pullback to the four-hour simple moving average (SMA) 50 at $196.

Avalanche (AVAX) price price soared to new weekly highs after crossing the $27 resistance level. At press time, AVAX price trades at $27.2, up by 10% over the past seven days.

After forming a bullish double bottom at the $22 support level, Avalanche (AVAX) price price soared by more than 10% in the past week alone. Notably, AVAX price is also up by over 200% since the beginning of 2023.

A massive spike in buying pressure pushed Avalanche (AVAX) price up toward the upper Bollinger Band. Moreover, a four-hour candle close above the Bollinger Band could signal a bullish continuation toward the $29 resistance level.

However, failure to breach the upper Bollinger Band could lead to a slight pullback to the four-hour simple moving average (SMA) 50 at $25.