Recent shifts in the cryptocurrency market suggest a potential recovery for several altcoins, including Solana, Ethereum, and SUI. These tokens are showing signs of strength that may attract traders.
Signals from Solana
Solana has caught the attention of technical analysts as the token has cleared a significant resistance and is now trading in a range considered ideal for accumulation. Market watchers believe that support in the $147–$150 zone could set the stage for a push towards $170 or higher.
Current Situation of Ethereum
Ethereum is not far behind, managing to defend a critical support zone around $2,420. Although it has struggled to maintain upward momentum recently, a clean break above $2,520 could flip sentiment and trigger a fresh rally. Continued inflows from institutional investors may act as fuel if market conditions remain stable.
Prospects of SUI
SUI is starting to carve out its own narrative. Breaking past previous resistance, the token is attracting bullish interest with eyes on $3.70 to $4.00 as the next upside target. If current momentum persists, SUI could become one of the most talked-about mid-cap performers this cycle.
Altcoins are overall showing signs of recovery. Despite the still-present macroeconomic factors, these assets could lead the charge in the cryptocurrency market in the coming days.