Solana (SOL), XRP, and Cardano (ADA) Poised for Major Gains—Will Ethereum (ETH) and Cosmos (ATOM) Join the Bullish Momentum?

Significant developments are unfolding in the cryptocurrency market as transaction volumes rise for major digital assets. ChangeNOW, a platform enabling

Key cryptocurrency prices are largely exhibiting minimal directional movement on Monday evening. The total crypto market cap has stalled at $1.33 trillion, showing a slight gain of 0.24% over the past 24 hours.

However, a closer look at the market reveals some interesting trends. Several major coins are quietly notching up impressive gains, while a few others are facing selling pressure.

Among the top 10 coins, Solana (SOL) is leading the charge with a 4.37% gain, followed by Cosmos (ATOM) with a 2.22% increase. On the other hand, XRP (XRP) and ADA (ADA) are facing the heat, with losses of 1.27% and 1.06%, respectively.

Solana (SOL) Price Analysis

After breaking out of a crucial resistance zone last week, Solana (SOL) has continued its bullish momentum and is now eyeing the next resistance level.

Over the past week, SOL has seen a remarkable price recovery of nearly 12%. This bullish trend bodes well for further gains in the coming days.

To the upside, the nearest resistance level for Solana is around $270, presenting an opportunity for a potential 15% gain from current prices.

If bullish momentum builds and buyers remain strong, SOL could be poised for a strong rally towards the next resistance zone. Keep an eye on SOL for further price movements.

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Cosmos (ATOM) Price Analysis

Cosmos (ATOM) has seen a surge in buying activity over the past few days, leading to a 2.22% gain and a total price increase of nearly 38% over the past month.

After breaking out of a crucial support zone, ATOM is now eyeing the next resistance level for further gains.

Currently trading between $4.78 and $6.62, ATOM is just above its 100-day simple moving average of $6.16 and appears poised for a move towards the nearest resistance level at $7.55.

Technical indicators, including an RSI of 55.06 and a positive MACD, suggest that bullish momentum could propel ATOM towards this resistance, presenting a potential gain of around 14%.

Beyond that, the second resistance at $9.39 is also within sight, offering the possibility of over a 40% increase from current prices. This favorable setup bodes well for those interested in Cosmos.

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