ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout?

Ethereum broke key levels and could soon target $4,000 or higher. Cardano is nearing a breakout and may rally past the $1 mark. Solana followed a textbook breakout and looks set for more gains Altcoins are finally waking up. As Bitcoin’s dominance starts to fall, the market is beginning to see some serious movement in the rest of the crypto market. Ethereum, Cardano, Solana, and XRP among other altcoins are breaking key levels and it’s starting to feel like the early signs of a real altcoin season. Analysts have observed that the marker could be entering a bigger rally phase where altcoins surge and deliver life-changing gains. Ethereum clears major resistance with its sights on $4,000 Ethereum recently broke through its important $2,800 resistance level, a price zone it hovered around for weeks. Now that it’s trading well above this level, ETH could make its way back to $4,000 soon. Source: TradingView If ETH continues to break above major resistance zones, the next big targets are $6,000, $8,000, and possibly even $10,000 in this bull cycle. These price jumps would likely come in stages, and could be triggered by Bitcoin dominanc… The post ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout? appeared first on Coin Edition .

Source: Coin Edition