thenewscrypto.com
- Investors have recently started eyeing Solana.
- SHIB Price has been making headlines since early October.
Investors and traders have flocked to the crypto sector in record numbers. While Hodlers choose popular currencies like Bitcoin and Ethereum. Fans praise the fundamentals and price fluctuations of other currencies.
Polkadot (DOT)
Polkadot is a top choice for investors. DOT has the 8th largest market cap. As per CoinMarketCap, the DOT Price was $41.83, with a market value of $43,668,164,477. The 24-hour trading volume is $1,883,772,401. It peaked at $43.19 in the last 24 hours.
The currency is approaching its short-term ATH of $49.35. With the parachain auctions, it is anticipated to hit 3-digits this Bull Run. On the route to ATH, the coin must overcome a $44 barrier. Conversely, DOT’s support level is around $39.5.
Solana (SOL)
Investors have recently started eyeing Solana. According to CoinMarketCap, the market cap of the 7th biggest digital currency is $47,441,638,332. The 24-hour trading volume is $1,775,716,209. Its 24-hour high is $165.55.
To begin its upward trend, the digital currency must hold above its support level of $151. The coin’s significant resistance is around $163.12, where it has been denied five times since October 15th. To climb the rankings, the coin must overcome this obstacle. But SOL is still below its ATH of $213.47.
Dogecoin (DOGE)
Doge is again on the move. Popular in public platforms lately. According to CoinMarketCap, the meme coin has a market cap of $33,838,750,457 and a value of $0.257. The 24-hour trading volume is $3,742,769,549. The coin is now ranked 9th on the market rankings. DOGE Price has broken its triangle.
The currency is nearing its $0.28 resistance, and then around $0.3. Suppose it can overcome the approaching obstacle. However, the coin’s crucial support level is $0.2163. Doge is also breaking the downtrend line for the fourth time.
SHIBA INU (SHIB)
SHIB Price has been making headlines since early October. The coin has outlasted its misperceptions. Elon Musk’s tweet has resurrected the Doge equivalent.
According to CoinMarketCap, the Doge killer is worth $0.00002782, with a market value of $13,431,045,943. The 24-hour trading volume is at $3,216,772,645, regaining its 12th position recently. While the resistance stays at $0.000029, the currency must hold above its support at $0.000026. The high of $0.00003791 is still far away.
Altcoins continue to attract the attention of investors and dealers. Alternatives for the next alt season are much anticipated. This may happen as early as the first quarter of 2022. Altcoins’ growth has netizens optimistic.