Recent analysis of the cryptocurrency market shows that while Cardano may fall short of expectations, SOL, DOT, and NEAR exhibit growth prospects. These digital assets have captured analysts' interest ahead of the altcoin season.
Cardano: Expectations vs Reality
Some analysts anticipate a rise in Cardano, yet a prominent expert cautions that achieving high prices soon seems unlikely. The crypto market shifts attention to other coins offering better growth potential.
SOL and DOT Analysis Ahead of Growth
Solana and DOT display resilience in the current market. Solana fluctuates between $138 and $154.94, indicating a potential break above the $162 resistance. Meanwhile, DOT exhibits signs of consolidation, potentially rising from its current level of $4.30 to $4.77. Activity is intensifying, preparing these assets for growth in the upcoming altcoin season.
NEAR Protocol's Potential in the Near Future
NEAR Protocol's price ranges from $4.31 to $5.20, showing notable growth over the past month. While some indicators suggest caution, NEAR has opportunities for continued growth. Breaking the resistance at $5.71 may lead to significant changes.
While SOL, DOT, and NEAR may not have immediate prospects, their current performance and technical indicators point to growth potential. With the altcoin season approaching, these assets are set to attract increased investor attention.