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- 1 The Solana coin showcased a massive bounce of over 15% intraday.
- 2 The ETC coin replicates bull accumulation and is sprinting toward the $50 mark.
- 3 TON coin’s price has picked strength and is ready to fly above the $3 mark.
Solana (SOL), Ethereum Classic (ETC), and Toncoin (TON) cryptos revealed outperformance this week. These cryptocurrencies have triggered a breakout, and this article brings investors three crypto assets that are worth picking. Investors must watch out for these cryptocurrencies to add to their portfolio to gain big in 2024.
The Solana Price Exhibits a Rounding Bottom Formation Breakout: Is $150 Possible?
The Solana coin (SOL) price witnessed a massive rise and spiked above the significant hurdle of $120 in the last sessions. SOL coin has attained buying momentum and has sharply bounced off from the round mark of $100. The Bulls have tightened their grip, and a sharp surge of gains of over 30% in the previous three sessions was noted, replicating accumulation.
The Solana coin (SOL) price was $128.56 at press time, with an intraday gain of 15.24%, showing a breakout on the charts. Moreover, the trading volume increased by 162.67% to $7.77 Billion, and the market cap rose to $56.78 Billion. Analysts are bullish and suggest that the Solana coin (SOL) will continue to extend the gains and may reach $150 soon.
ETC Reveals Range Breakout: Can Bulls Retain $50 Mark?
Ethereum coin (ETC) reflected a range breakout, decisively surpassing the neckline of $20 and sprinting toward $50. The coin has been hovering near the demand zone of $15 for the past weeks. Buyers succeeded in acquiring momentum, and a sharp pullback was witnessed. ETC coin is ready to skyrocket the gains and will reflect outperformance in the following sessions.
The Ethereum Classic coin (ETC) price was $30.39 at press time, with an intraday gain of 7.24%, showing a pullback on the charts. Moreover, the trading volume increased by 182.97% to $1.18 Billion, and the market cap rose to $4.44 Billion. Analysts are bullish and suggest that the ETC coin (ETC) will persist in sprinting the gains and may catch $50 soon.
Toncoin is Ready to Reach $3 Mark: Can Bulls Succeed?
Toncoin (TON) price has reverted from the range lows of $2, and a sharp bounce led to retesting the upside hurdle of $3. However, the bulls could not surpass in a single go and are attempting to register a range breakout. The buying momentum is intense, and the Toncoin may reach the $3 mark and will outperform in the following sessions.
The Toncoin (TON) price was $2.65 at press time, with an intraday gain of 8.34%, showing bullish momentum on the charts. Moreover, the trading volume increased by 331.90% to $271.23 Million, and the market cap rose to $3.89 Billion. Analysts are bullish and suggest that the Toncoin (TON) will glimpse a breakout and may skyrocket above $3 soon.
Summary
Solana coin (SOL), Ethereum Classic coin (ETC), and Toncoin (TON) cryptos have glimpsed bullish momentum and are spraying gains. Furthermore, the breakout has just triggered the breakout, and these coins have more space upside. Investors must look out for these cryptocurrencies and mark the levels given below for their portfolio in 2024.
Technical Levels
Support Levels of SOL:$125 and $120
Support Levels of ETC: $27 and $25
Support Levels of TON: $2.20 and $2
Resistance Levels of SOL: $130 and $140
Resistance Levels of ETC: $35 and $40
Resistance Levels of TON: $3 and $3.30
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
