SUI, SOL, and LINK are all knocking on the door

- SUI, SOL, and LINK are all knocking on the door of key resistance levels, hinting at possible price explosions.
- HBAR is stealing the spotlight with a powerful 23.7% surge, now testing fresh resistance around $0.2500.
- LTC and ADA are showing resilience, holding their ground firmly, but they need a fresh burst of energy to smash through those psychological resistance barriers.
The cryptocurrency market is buzzing with activity as prices climb, and we’re seeing some impressive gains across the board. Standout performers include Sui (SUI), Solana (SOL), Chainlink (LINK), Ondo (ONDO), Litecoin (LTC), Hedera (HBAR), Aave (AAVE), and Cardano (ADA), all flashing strong signals of bullish momentum.
Market sentiment is still riding high, fueling these price increases despite fluctuations in trading volume. Everyone’s eyes are glued to those crucial support and resistance levels right now, trying to anticipate the next big moves in the market.
Sui (SUI) Builds Momentum and Eyes Key Resistance
Sui (SUI) is currently trading at $2.85, marking a solid 9.17% climb over the last 24 hours. This asset has been on a notable upward trajectory, pushing from $2.61 and even briefly hitting $2.90 before taking a slight breather.
While the overall trend looks positive, it’s worth noting that trading volume has eased off a bit, dropping by 19.07%, which might suggest some cooling buying enthusiasm. If SUI can break past $2.90 with conviction, the next target could be the $3.00 milestone, potentially extending gains towards $3.20. However, if it struggles to maintain its position above $2.90, we might see a pullback towards $2.75 or even lower.
Solana (SOL) Approaches a Critical Hurdle at $150
Solana (SOL) has also joined the party, gaining 5.43% in the last 24 hours and currently trading at $140.68. The price made a strong push upwards from $133.50, reaching as high as $150 before encountering resistance.
A healthy 7.29% increase in market cap signals robust demand, and a modest 2.61% uptick in trading volume indicates continued interest in SOL. A successful surge beyond $150 could propel SOL towards the $155–$160 zone, while rejection at this level might lead to a test of support around $138–$135.
Chainlink (LINK) Encounters Selling Pressure Around $15
Chainlink (LINK) is currently priced at $14.47 after a 5.56% positive move. It rallied from $13.71 up to $15.00 before experiencing some pullback. Despite a 5.55% increase in market cap, a significant 37.58% drop-off in trading volume suggests that buying momentum may be waning. If LINK can overcome the $15 barrier, it could set its sights on $16. If not, a dip back to $14.00 is still on the table.
Ondo (ONDO) Shows Strength, But Resistance is on the Horizon
Ondo (ONDO) has climbed 9.76% to hit $1.00. The price has advanced from $0.91, briefly touching $1.02 before settling back slightly.
Growth in market cap points to solid buying interest, but a 10.89% decrease in trading volume suggests that the initial enthusiasm might be cooling. If ONDO can break through $1.05 resistance, we could see a move towards $1.10. However, if it fails to maintain its gains, a retreat to the $0.98–$0.95 range becomes a possibility.
Related: Altcoin Watchlist: SUI, INJ, LINK, ONDO, OM – Which Will Lead the Crypto Bull Run Starting Next Week?
Litecoin (LTC) Holds Firm Above $124, Setting its Sights on $130
Litecoin (LTC) is currently trading at $124.78, up 4.32% over the last 24 hours. LTC’s price has seen an upward trajectory, increasing from $119.46 and reaching a high of $130 before a slight retracement.
Despite a rise in market cap, trading volume has declined by 37.16%, potentially indicating a bit of exhaustion in buying pressure. If LTC manages to break through $130, it could make a run for $135. But, if it struggles to sustain momentum, we might see a decline to around $122.
Related: Altseason Watch: XRP, ADA, SUI Lead Price Surge Plus Five More to Watch
Hedera (HBAR) Takes the Lead with an Impressive 23.7% Surge
Hedera (HBAR) is definitely a standout performer today, trading at $0.2318 after a remarkable 23.7% jump. The price has climbed from $0.1867 to $0.2377, demonstrating strong bullish activity in the market.
If HBAR can push beyond $0.2377, it could aim for $0.2500, or even extend towards $0.2650. However, if it faces rejection at these levels, the price might retrace back to the $0.2150–$0.2000 support range.
Aave (AAVE) Sets its Sights Firmly on $200
Aave (AAVE) is currently changing hands at $186.66, registering a 2.97% increase over the past 24 hours. The price has moved upwards from $181.08, briefly reaching $194 before experiencing a slight dip. A decisive break above $194 could pave the way for a push towards the coveted $200 mark, while failing to overcome this level could lead to a retest of support at $184.
Cardano (ADA) Aims for Higher Resistance Levels
Cardano (ADA) has also seen positive movement with a 6.41% increase, trading at $0.6354. ADA’s price has surged from $0.5961, reaching a high of $0.650 before a minor correction. A successful breakout past $0.650 could propel ADA towards $0.670, while failing to maintain momentum above key levels might result in a pullback to $0.610.