Altcoins at Key Resistance Zones: Can They Extend Their Recovery?
Altcoins are showing different stages of recovery as traders assess whether recent gains can develop into broader rallies. Cardano (ADA) and Solana (SOL) continue to display strong daily momentum after reclaiming important technical levels.
The trio now approaches key resistance zones that could determine their next major moves. ADA trades near $0.2443 after reclaiming its 200-day EMA, while SOL holds above $117 after clearing the $110 resistance area. Meanwhile, Chainlink (LINK) maintains a constructive structure but needs stronger momentum to clear $13.68 resistance.
Cardano's price prediction suggests that ADA could shift attention toward $0.2587 if it breaks above $0.2522. However, losing the $0.2400-$0.2390 region could expose ADA to deeper selling.