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New Altcoin Price Rise with Ethereum, XRP, Solana Leading Breakthrough Signals
As Bitcoin continues to trade strongly, altcoins are showing signs of a potential breakout. Ethereum (ETH), Sui (SUI), XRP, Chainlink (LINK), and Solana (SOL) all show distinct price actions over the past 24 hours. Some tokens suggest bullish momentum, while others are stuck in a brief consolidation phase. Notably, the trading volume has surged on major altcoins, indicating renewed market interest and suggesting upcoming volatility. Investors are closely monitoring key price levels that could determine the next significant moves in the cryptocurrency market. Ethereum leads the recovery of altcoin with a bullish volume surge of over 57% Ethereum has shown a strong recovery, opening at around $1,803.90 before dropping to near $1,755. However, a bullish surge at the end of the session raised the price to $1,816.76, marking an increase of 0.62%. Support remains solid in the range of $1,755 to $1,760, while resistance closes at around $1,816–$1,818.
The trading volume surged by 57.21%, reinforcing ETH's breakout setup. A daily close above $1,818 with solid trading volume signals a continuation towards higher targets. Trading within the range of $1,780 to $1,803 remains a pullback. SUI has maintained an important support level despite the decline in the first trading session of the week. SUI started the trading day strong, peaking at $3.78 before sliding into a downtrend. Currently, the trading price is at $3.53, down 2.37%. The immediate support level remains solid at $3.49-$3.50, while the existing resistance level is at $3.62.
Moreover, the trading volume increased by 56.39%, indicating high participation despite the price drop. Therefore, a break below $3.50 could push SUI down to $3.45. Conversely, reclaiming $3.63 could refresh the bullish momentum and aim to retest $3.78. XRP tests the support level of $2.25 as buying pressure gradually decreases XRP shows an initial bullish trend but failed to maintain the high, decreasing slightly by 0.41% to $2.27. The key support level at $2.25-$2.26 remains very important, while the resistance level at $2.30 limits the upward momentum.
Additionally, the trading volume decreased by 8.73%, indicating a downward trend. Therefore, XRP must hold above $2.25 to avoid further decline to $2.22. A breakthrough above $2.30 could revive the bullish narrative and retest the peak of $2.34. Chainlink creates resistance as the surge in volume signals buyer interest. Chainlink has attracted attention with a solid bullish increase of 1.41% over the day, ending at $15.15 after bouncing up from a low of $14.50. The solid support level is between $14.50 and $14.55, while the resistance level at $15.20 is ready to be challenged.
Moreover, the sudden increase of 20.19% in volume reinforces the bullish trend. If LINK breaks through the $15.20 level, it could quickly target the $15.35 level. However, if it fails to break this level, the price could drop to $14.80. Solana struggles to regain its lost position after a sharp decline Solana faced strong selling pressure, dropping 2.07% and closing at $147.96 after rising to $152 at the beginning of the session. The key support level is at $145.50-146.00, while the main resistance level is set at $150.90.
Although the volume increased by 57.02%, sellers are currently in control. Therefore, SOL must reclaim $150.90 to regain bullish momentum. Otherwise, the risk of revisiting $145 or lower still exists.