The cryptocurrency market is showing bullish signs across major altcoins, but one underdog stands out—Salamanca ($DON). While Solana, Ethereum, and Ripple approach key resistance levels, Salamanca is gaining viral traction and listing momentum. With strong branding, rising volumes, and thematic identity, $DON could outperform peers in the short term.
Solana (SOL) Tests Resistance as Bulls Remain in Control
Solana’s recent breakout above $153 signals strong bullish sentiment as traders eye $180 as the next critical resistance level. The SOL/USDT pair remains in an uptrend, but sellers may step in around $180 to secure profits. However, if the price holds above $153 after a pullback, buyers may regain momentum for a potential push to $200.
SOL/USDT daily chart. Source: TradingView
Traders continue watching the $140 level as a key support; a breakdown below it would invalidate this short-term bullish outlook. SOL remains technically strong, but its gains may be limited if market sentiment shifts or resistance holds firm. For now, bulls have the upper hand, but caution remains.
Ethereum (ETH) Eyes $2,850 If Bulls Break Above $2,550
Ethereum has surged above $2,111 and reached close to $2,550, showing growing buyer confidence. The bulls now face selling pressure near $2,550, where profit-taking has started to appear. If ETH holds above $2,111 during a dip, it could signal a strong base for the next move higher.
ETH/USDT daily chart. Source: TradingView
A successful breakout above $2,550 could push ETH toward $2,850, marking a potential continuation of its upward trajectory. However, dropping below $2,111 may weaken the trend and open the door for a decline to the 20-day EMA. The market remains optimistic, but resistance levels are now being tested.
Ripple (XRP) Struggles Near Resistance Line but Holds Momentum
Ripple has approached a critical resistance zone as buyers aim to reverse the recent downtrend. The XRP/USDT pair could rise to $2.60 if it breaks and closes above the current resistance line. However, sellers are expected to defend this level strongly.
XRP/USDT daily chart. Source: TradingView
The bullish structure remains intact if XRP pulls back but holds above $2.00 or near the moving averages. A push above resistance would signal trend reversal, while a drop bel
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Author: Ethan Caldwell