The post Current Trends and Key Levels appeared on BitcoinEthereumNews.com.

Solana’s price action indicates bullish momentum, aiming for resistance at $174. Sui’s upward trend hinges on breaking the $2.05 resistance for further gains. Jupiter’s surge suggests potential gains, but it must hold above $1.00 support. Cryptocurrency markets remain volatile, making price trend analysis essential for traders. Solana (SOL), Sui (SUI), Jupiter (JUP), and Worldcoin (WLD) show promising activity. Each coin has distinct support and resistance levels that could determine their near-term price movements. Solana (SOL): Bullish Momentum with Key Resistance in Sight Solana is currently trading at $173.62, reflecting a daily gain of 5.39%. The price is experiencing strong buying interest, as indicated by a 24.11% rise in volume. Key support for SOL sits at $165.35, a recent low where buyers stepped in. If the price falls below this level, the psychological support of $160 could act as a safety net. Source: Coinmarketcap On the upside, resistance is visible at $174. This level has been tested, but the price has not yet broken through. A breakout above $174 could signal further bullish momentum toward $180. However, failure to surpass this level might trigger a retracement to test the $165-$160 support range. Sui (SUI): Strong Bounce but Facing Resistance Sui is showing a daily price increase of 6.34%, currently trading at $2.02. Support is at $1.90, where the price bounced back after briefly touching this level. If the price drops below this zone, $1.85 could provide further support. Source: Coinmarketcap Resistance is visible at $2.05, which the price has approached but not breached. A successful breakout above $2.05 could see the price moving toward $2.10, a critical psychological level.  However, if SUI fails to break this resistance, it may retest $1.90. With volume up by 12.68%, buyers seem active, but the price must break key resistance to continue upward. Jupiter (JUP):…

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Filed under: News - @ October 24, 2024 10:23 am