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The recent increase in the price of Solana has attracted the attention of the crypto currency market. This trend upwards could signal the upcoming powerful performance for other main altcoins like Cardano, Ripple and the throne. As Solana gets in importance, investors watch carefully to see if these digital assets will follow this and make significant gains by the end of the first quarter. Now Wallet reports on increasing the amount of transactions for salt, Ada, XRP and TRX, suggesting an increasing interest of investors.
Solana Price targets at $ 265 resistance while bulls take over the renewal
Solana shows signs of bull momentum, with a relative power index above 60 and a positive MACD level. Despite the decline of almost 8% in the past week, the curve of the currency remains by almost 50% in the last six months. The current price ranges between $ 182 and $ 234, approaching the closest resistance to $ 265. If the ascending trend continued, the salt pans could reach the next level of resistance to $ 318, which would be an increase of about 30% over the current price. The quantities of transactions have increased significantly, according to the current wallet, a comprehensive application for safe crypto control of cryptocurrencies such as Solana without detention or hidden fees.
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Cardano faces bear pressure in the middle of a recent fall in price
Cardano (Ada) is facing a bear pressure because its price ranges between $ 0.71 and $ 0.95, almost 19% fell in the last week and about 29% during the month. The short -term average price is below the long -term average, which signals to the swing downwards. The strength index shows neutral activity, but negative indicators suggest bear trend. If the price drops below $ 0.61 support, it could reach the next support at $ 0.37. In contrast, if customers enter, the price could target the resistance level to $ 1.09 and $ 1.32. Significant is that the quantities of transactions have increased, according to the current wallet, a safe application to manage the cryptocurrencies.
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XRP targets $ 3.50 USD resistance because bulls get swing
The price of XRP hovering between $ 2.29 and $ 3.04. Despite the 14% drop over the past week, it has increased by over 8% of the month and has increased by almost 338% over six months. Swelling indicators suggest that the market is neutral, but it tilts Bullish. If the price starts from a $ 3,50 resistance level, it could reach $ 4.25, which would be an increase of over 40% from current levels. Significant is that the quantities of transactions involving the XRP increased, according to the current wallet, an application for safe storage, replacement, investment and management of crypto currency without detention. XRP can be kept on the current wallet without registration and hidden fees.
The throne is the face of the bears of the pressure, but the level of the eyes of the eye key
The throne (Trx) is currently facing bear pressure. Its price ranges between $ 0.21 and $ 0.25. Over the past week, it fell by 9%. The relative strength index is 51, which is neutral. If the price is held above the level of support in the amount of $ 0.20, it could be focused on a resistance to $ 0.27. Punching above $ 0.27 could push it toward $ 0.31. This would be an increase of almost 35% compared to the current price. The simple movable average for 10 days is $ 0.22, below the 100-day average of $ 0.24, which signals short-term weakness. Despite the recent declines, the amount of transactions has increased significantly, according to the current wallet, an application to safely manage the cryptic currency such as a throne without detention or hidden fees.
Conclusion
Solana’s recent increase hints at the promising chance for Ada, XRP and Trx. Each of these crypto currencies offers unique options: rapid speed transactions of the salt pans, cardano innovative platform, Ripple’s effective payment solutions and Tron’s focus on decentralized applications. For those who want to invest, now the Wallet application provides an excellent platform for transactions. Offers privacy and security without the need to register or take custody of user’s means. Now the wallet simplifies the crypto management of simple Fiat-to-Crypto operations. Supports storage and current exchange of thousands of tokens on the main blockchaini, along with the built -in capabilities of replacing the cross chain.
A statement of renunciation of responsibility: This is a sponsored article and is only for informative purposes. It does not reflect the views of cryptocurrencies a day, nor is it intended to be used as legal, tax, investment or financial tips.
