- Altcoin momentum builds as BTC and ETH face key resistance near breakout zones
- XRP, SEI, and ONDO show signs of recovery but need volume to confirm breakouts
- Solana and SUI gain trader confidence with steady price climbs and strong support
As the crypto market gears up for another potential bull run, traders are evaluating more than just Bitcoin and Ethereum. While these two giants dominate market capitalization, recent price action and technical setups in several altcoins suggest potential leadership may emerge from lesser-known tokens. With volatility returning and volume surging, it’s a good time to examine which cryptocurrencies are positioned to outperform in the coming cycle.
Bitcoin and Ethereum Hold Strong, But Eyes Shift Elsewhere
Bitcoin is currently trading around $108,800, reflecting a modest 0.28% gain in the past 24 hours. The market leader shows signs of strength after bouncing from an intraday low near $107,250.
Crucially, it broke past $108,500, hinting at renewed bullish momentum. However, a clear resistance at $109,000 remains. If BTC fails to surpass that level convincingly, investor attention could pivot to altcoins.
Ethereum, on the other hand, is displaying stronger bullish structure. It recently broke above $2,570, supported by a 12% rise in daily volume. A solid base at $2,545 provides support, and a break beyond $2,580 could unlock higher targets. Despite this, Ethereum’s gains appear steady rather than explosive.
SEI, XRP, and ONDO: Recovery and Range Building
SEI, currently priced at $0.2550, rebounded from a session low of $0.247. It remains in a consolidation phase. While a break above $0.262 could flip the sentiment bullish, the token still lacks decisive momentum.
XRP saw a significant 94% spike in trading volume, pushing its price back to $2.29. Earlier in the day, it touched $2.34 before retracing. Support at $2.24 remains firm. If momentum sustains, XRP could challenge its resistance once again.
ONDO is showing signs of accumulation. With price recovering from $0.765 to near $0.79, it trades tightly in a defined range. A breakout beyond $0.7911 would be critical for any near-term upside.
SUI and SOL: Quiet Strength Amid Market Noise
SUI has shown resilience around $2.88, finding support at $2.84 and resistance at $2.90. The recent higher lows suggest building bullish sentiment. A breakout above $2.90 could draw serious attention.
Solana is among the most technically promising. After a sharp recovery from $147.80 to $152, it approaches a key resistance at $153. The 14% jump in daily volume further reinforces bullish interest.