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Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones

Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones

CoinEdition2025/06/08 16:00
By: Coin Edition
SOL-1.33%ETH-1.51%ADA+0.98%
Ethereum holding support; breakout above $2,800 could trigger strong rally. Cardano broke trend; buy zone between $0.65 and $0.68. Solana approaching resistance; support strong near $145 for accumulation.
  • Ethereum holding support; breakout above $2,800 could trigger strong rally.
  • Cardano broke trend; buy zone between $0.65 and $0.68.
  • Solana approaching resistance; support strong near $145 for accumulation.

The crypto market is showing signs of recovery after a shaky week. Despite market fears triggered by headlines involving Elon Musk and Donald Trump, prices held steady and strong buying interest returned at lower levels. 

Now, according to an analyst , Bitcoin is approaching the $109,000 to $110,000 range and altcoins are also entering buy zones, with several showing early signs of a breakout after weeks of slow movement. 

The Major Altcoins: Ethereum, Cardano, and Solana Signal Strength

Ethereum (ETH): Preparing for the Next Leg

Ethereum has cooled off slightly but remains in a strong long-term uptrend. Price is holding support between $2,300 and $2,400. 

Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 0 Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 1 Source: CoinMarketCap

The next big test is around $2,700–$2,800, and a break above that could send ETH flying toward $3,500–$3,700.

Related: Ethereum Breaks Long-Term Downtrend as Spot ETF Inflows Hit 15 Straight Days

Cardano (ADA): Showing Strength and Ready to Pop

Cardano is one of the strongest-looking altcoins right now. It recently broke out of a downward trend, retested the breakout zone, and is now back in the buy zone between $0.65–$0.68. 

Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 2 Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 3 Source: CoinMarketCap

If momentum continues, ADA could climb toward $0.76–$0.80 soon.

Solana (SOL): Testing Key Resistance

Solana is still in an accumulation zone, trading just below a major resistance area. Price is hovering between $149 and $155, and a clean break above could result in a fast move up. 

Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 4 Altcoins Bounce Back: ETH, ADA, SOL, and More Enter Key Buy Zones image 5 Source: CoinMarketCap

The analyst said that this is one to watch closely and support is at $145.

Related: Altcoin ETFs: Why XRP, Solana and DOGE May Be Next on the SEC’s Approval List

Smaller-Cap Altcoins Showing Breakout Potential

Beyond the large-caps, several other altcoins are displaying bullish technical structures. SEI has broken out of its short-term trend and is getting ready to test its next resistance level. ONDO and Nakamoto Games (NAKA) are in clear accumulation zones, meaning traders are quietly buying them up and they could see strong bullish moves soon.

Dogecoin is showing signs of a comeback, moving above its earlier resistance level. Chainlink is sitting in a good accumulation zone too, making it another coin worth keeping an eye on. Other altcoins like Injective, Algorand, and Toncoin are also starting to show early signs of breakout on their charts.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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