Les Géants Crypto Ethereum et Solana S’apprêtent à Franchir des Sommets Clés !
CléProminent macroeconomist Raoul Pal has highlighted critical price points for Ethereum (ETH) and Solana (SOL), suggesting the potential for significant price movements. Both assets are approaching decisive chart formations, signaling possible breakouts or reversals.
Ethereum (ETH): Symmetrical Triangle Formation
Ethereum's price chart reveals a symmetrical triangle pattern forming over several years on a logarithmic scale. This pattern, characterized by converging trendlines, typically signals a period of consolidation before a significant price move.
Key Observations
Support and Resistance: The pattern shows a rising support line (red) and a descending resistance line (white).
Apex Proximity: Ethereum is trading near the triangle's apex, a critical zone for determining its next direction.
Current Price: ETH recently hit a local high of $3,938 but has pulled back slightly, trading at $3,867, a 1.86% decline over 24 hours.
What to Watch For
Breakout Potential: A breakout above the resistance line could push ETH toward new highs, with initial targets near $4,200.
Support Testing: A drop below the support line may result in ETH revisiting levels around $3,500.
Solana (SOL): Testing Resistance at $268
Solana has maintained a bullish trajectory, with its price supported by steady buying momentum. However, it faces a critical horizontal resistance level near $268, aligning with a previous peak.
Key Observations
Current Price: SOL trades at $234.25, down 3.01% in the past 24 hours.
Resistance Zone: The $268 level has acted as a ceiling for price growth, and breaking above it could signal a strong upward move.
What to Watch For
Upside Potential: A successful breakout above $268 may propel SOL toward $300 or higher.
Downside Risk: If resistance holds, SOL could retrace to support levels around $215 or lower.
Market Implications
Both Ethereum and Solana are at crucial technical levels, with their next moves likely influenced by broader market conditions and investor sentiment. Traders and investors should monitor these levels closely:
For Ethereum, the symmetrical triangle’s resolution could determine whether the asset continues its bullish trend or undergoes a deeper correction.
For Solana, breaking past resistance at $268 would affirm its bullish momentum, while failure to do so may result in a period of consolidation or retracement.
As the cryptocurrency market gains momentum, these developments could play a pivotal role in shaping the outlook for these leading assets.
CléRédacteur pour Crypto-Neet. J'ai commencé à m'intéresser aux cryptomonnaies en 2017, juste avant le bull run de fin d'année. Après avoir réalisé toutes les erreurs de débutant, j'ai décidé de m'intéresser sérieusement à la blockchain, à la DeFi et au trading. C'est aujourd'hui devenu une passion de tous les jours que je partage à travers des articles d'actualités et des reviews vulgarisées. Passionné aussi par la création de contenus, je tente de créer une expérience intéressante et facile à utiliser pour les lecteurs et utilisateurs. Dernièrement, je me spécialise sur l'utilisation de Midjourney pour accompagner nos contenus sur la cryptomonnaie. Je rédige aussi des articles sur Alti Trading et Tradingbeasts. Retrouvez-moi sur X.
