Bitcoin (BTC) $101,550 price continues to find buyers near its peak after climbing to the $85,000 mark. In the last 24 hours, the price saw an increase of nearly 6%, rising from $78,400 to $84,886. Following a series of gains exceeding $6,000, expectations for a six-figure price are strengthening.
Cardano (ADA)
ADA Coin was around the $0.6 mark at the time of writing, closing the gap with XRP Coin. In the last week, its price nearly doubled, reaching up to $0.66 at yesterday’s candle close. The key resistance to overcome is at $0.73. If ADA Coin bulls can sustain closures above this level, it may reignite its journey towards $3, as the previous all-time high commenced from this crucial point.
Dogecoin (DOGE)
In just eight days, Dogecoin $0.406008 (DOGE) has gained 125%, becoming one of the altcoins that benefited the most from Trump’s victory. After this remarkable gain, it was hovering around the new 2024 peak of approximately $0.322.
Due to Elon Musk’s proposal to balance public spending, which resembles Dogecoin, the price increase during Trump’s election win is understandable. Further increases are possible, but BTC must continue targeting the resistance at $89,000.
In the previous cycle, DOGE reached an all-time high after breaking above $0.355, climbing to over $0.74. If history repeats, surpassing $0.355 could lead the price to $0.50 and beyond, with BTC price performance being decisive.
Solana (SOL)
Solana $225 (SOL), Ethereum $3,898‘s biggest competitor, finally broke the $205-210 level that has been discussed for months. Investors who waited patiently experienced difficulties due to the price’s constant fluctuation within the same range. Now, the all-time high target of $259 is in sight. If BTC remains strong, we may see SOL Coin rally above $259, similar to BNB Coin’s performance this year.
Speaking of BNB Coin, it has also surpassed the crucial rally threshold of $635, making a rapid movement towards $700 and beyond likely.