- Trading between $2,335 and $2,722, ETH shows bullish momentum with potential 20% gains.
- TRX remains stable at $0.16-$0.17, with resistance at $0.17 for possible upward movement.
- SOL aims for $200, having broken key resistance levels, indicating strong bullish signals.
As the year winds down, some altcoins show promise to outperform Bitcoin (BTC). Ethereum (ETH), TRON (TRX), and Solana (SOL) stand out with strong technical signals. Each coin has unique features that could drive growth. Let’s explore these exciting altcoins.
Ethereum (ETH)
Source: Trading View
Ethereum trades between $2,335 and $2,722. Recent trends show modest declines. However, bullish indicators emerge. The Relative Strength Index m nears 62, while the MACD sits in positive territory.
Currently, the price hovers around $2,494, close to the 10-day and 100-day Simple Moving Averages. If upward momentum continues, Ethereum could reach resistance just under $2,940, representing a potential 20% gain. On the flip side, a drop may test support near $2,165.
TRON (TRX)
Source: Trading View
TRON remains stable, trading between $0.16 and $0.17. The coin has seen a 4.71% increase over the past week. Both the 10-day and 100-day simple moving averages sit at $0.16, signaling consolidation.
The nearest resistance stands at $0.17, and breaking through could push TRX to $0.18. With an RSI at 46.10, the market remains balanced. The MACD shows a slight negative at -0.00042, but a positive shift could lead to gains.
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Solana (SOL)
Source: Trading View
Solana is on an upward path, trading well above $175 and targeting $200. A recent breakthrough occurred above the $165 resistance zone, with consolidation above $172. After surpassing key levels like $170 and $177, bullish signs emerge. Clearing the $182 resistance could lead to a retest of $200.
If SOL cannot break above $182, a downside correction may follow, with initial support around $180. Ethereum, TRON, and Solana each display strong bullish indicators that may lead to notable gains. As the market evolves, these altcoins present exciting opportunities for investors. Monitor their movements in Q4 for potential profits.
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