Dogecoin (DOGE) Breakout Occurs, What’s Next? Solana (SOL) Stays Dominant, Will Ethereum (ETH) Survive Unseen Stalemate? By U.Today
From Investing.com:
Dogecoin has recently broken past a critical resistance level and is currently sitting above the $0.088 mark. It could potentially reach the $0.10 range if momentum is sustained, but it may fall back to $0.078 if it fails to maintain this level. Increased adoption or social media hype may further drive demand for DOGE.
Solana has established itself as a leader in the market cycle with a continuously strong upward trajectory, and it’s currently testing a resistance level at approximately $100. It’s attracting a wide array of developers due to its efficiency and scalability, and its next test will be to sustain above $100.
Ethereum’s scalability issues are causing worry, and its price analysis reflects a period of uncertainty. Currently wavering around the $2,250 mark, a break below $2,150 could see a decline toward the $2,000 psychological barrier. Layer-2 solutions like Optimism and Arbitrum have emerged as potential stopgaps, offering faster and cheaper transactions.
Read more: Dogecoin (DOGE) Breakout Occurs, What’s Next? Solana (SOL) Stays Dominant, Will Ethereum (ETH) Survive Unseen Stalemate? By U.Today