Watch These Three Altcoins in the Coming Days
With the recovery of the market, altcoins are also starting to move. Below we’ll look at SOL, WIF, and DOT that look promising this week.
solana
The price climbed above $164 and SOL looks ready to test the current yearly high at $206, which is acting as resistance. If buyers manage to push the price above this key level, the race will start to an all-time high of $260.
Over the past seven days, Solana has also increased by 22%, which is an impressive number. Given this price movement, it is highly likely that it will continue, especially if Bitcoin also starts to rise.
Chart by TradingView
dog hat
Don’t ignore meme coins! WIF is one of the most successful memes this cycle and its price seems to be consolidating below the main resistance at $3.3. So far buyers have managed to make higher lows and if they break this resistance, WIF could break out and hit a new all-time high.
Over the last 24 hours, WIF’s price has increased by 5.5% but is still in the red on the weekly chart. However, this horizontal movement may herald a big movement later.
Chart by TradingView
Polka-dot
Price action continues to move sideways as DOT remains in a range between $6.3 and $7.6. The longer the price consolidates in this area, the larger the breakout will be. Momentum indicators on the daily time frame, such as the MACD and RSI, hint that buyers may soon take over, thanks to higher lows.
Over the last seven days, DOT is up 4%. All eyes are now on a possible breakout of the current resistance, which will likely bring volume and buyers back.
Chart by TradingView
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Cryptocurrency charts from TradingView.
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