The cryptocurrency market is showing signs of an approaching altseason, with several popular altcoins exhibiting bullish price action. This is supported by the decline in Bitcoin dominance, which is redirecting market interest towards altcoins.
Specific altcoins that are garnering attention include LINK, ADA, HBAR, SUI, XRP, LTC, and ETH. Traders are closely monitoring key support and resistance levels for these assets.
LINK has seen a 2.46% gain in the last 24 hours, with the price currently trading at $18.25. If it breaks above the $18.30-$18.40 resistance zone, it could potentially reach $19.00.
ADA has recorded a 6.55% increase and is trading at $0.8065. It has established an uptrend, and if it remains above $0.80, further gains could be expected.
HBAR is priced at $0.2203 and has seen a 3.32% increase in 24 hours. It has strong support at $0.2170 and $0.2150, and breaking above $0.2250 could push the price towards $0.235-$0.240.
SUI has climbed 8.27% and is trading at $3.42. Key support levels to watch are at $3.35 and $3, while resistance lies at $3.45 and $3.50.
XRP is up 2.25% and is trading at $2.71. It has support at $2.68 and $2.65, and resistance levels include $2.72-$2.73 and $2.75.
LTC is down 4.71%, trading at $128.55. Support has formed at $126.00 and $124.00, and if it remains below $130, further declines are possible.
ETH has gained 1.49% and is priced at $2,739.05. It has support at $2,720 and $2,700, and breaking above $2,760 could push the price towards $2,800.
ONDO is up 2.58% and is trading at $1.23. Support levels are at $1.22 and $1.21, while resistance stands at $1.25 and $1.28.
It's important to note that trading volume has declined for several of these altcoins, indicating the need for stronger buying pressure to confirm a sustained uptrend.
Content Editor ( coinedition.com )
- 2025-02-21
Altseason Watch: XRP, ADA, SUI Lead Price Surge Plus Five More to Watch
