Bitcoin $67,945 The accelerating rise in price also increases investors’ hopes for altcoins. BTC is at the $69,000 mark. Ongoing tests at resistance levels create the necessary infrastructure for altcoins to rise to new breaking levels. So, what are the experts’ predictions for SOL, ETH and ENA Coin?
ETH and ENA Coin Review
Daan Crypto Trades in today’s market review ETH He put the chart on his agenda. Considering the weekly chart of the BTC parity, the analyst wrote that the key point that must be protected to avoid seeing deeper bottoms is 0.046BTC.
“ETH has been consolidating here for the last few weeks. A key level to hold to avoid risking falling much deeper. “For this to look good again, it needs to break the falling wedge/downtrend channel and move sideways back above 0.046.”
ENA Coin For Altcoin Sherpa wrote that those who expect a rise should remain hopeful. The price, which bottomed out near $0.359, has not been able to regain the $0.403 level for now. If the Bitcoin price moves to 70 thousand dollars as expected in the coming hours, new increases to 0.414 and 0.463 dollars may be seen here.
Solana (LEFT)
biggest Ethereum $2,631 Its rival, Solana, managed to beat the altcoin king in many metrics. In terms of price performance, it is better than Ether and continues the day at $155. SOL Coin is one of the altcoins that left its mark in 2021, and its network activity is extremely strong and its community is very active. This keeps investors’ hopes for long-term performance alive.
Sharing the graphic above, Carl wrote:
“solana He comes out of the Falling Wedge! The upside target is $159.6.”
The important thing here is to reclaim $158, which is the key medium-term level. If it can achieve this, the $162 and $188 targets may come to the agenda again. Analysts expect a 5 percent increase in the first stage.
cryptocurrency Volume is picking up across markets. There is very little time left until the US elections and the Fed will cut interest rates next month. Considering that the historical last quarter rise started in previous years as of October 20, there are many reasons to believe in new highs in altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.