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Bull Run Spotlight: SAND, XLM, and ETH on a Sharp Uptrend

source-logo  cryptonewsland.com 02 December 2024 10:45, UTC
  • SAND gained 144% in a month, aiming for the $1.13 resistance level.
  • XLM surged over 100% in a week, targeting $1.34 if momentum continues.
  • ETH gained 37.32% in a month, with $3770 resistance and 19% upside potential.

The crypto market is seeing some exciting action right now. SAND, XLM, and ETH have been making strong moves. Each coin is pushing toward key resistance levels, showing impressive growth. Let’s dive into the details of these altcoins and see what’s driving their rise.

Sandbox (SAND): 144% Growth in a Month

Source: Trading View

Sandbox has had an incredible run, gaining 144% in just the past month. Last week alone, SAND jumped by 76%. Currently, SAND trades between $0.46 and $0.95, with strong bullish momentum. Short- and long-term averages are both at $0.61, signaling solid progress. If the trend holds, the next resistance level to watch is $1.13. That would mean an 85% increase from the current price.

Stellar (XLM): Over 100% Surge in a Week

Source: Trading View

Stellar Lumens is another altcoin making big strides. XLM surged over 100% in just one week. In the last month, XLM has quadrupled in value. It now trades between $0.28 and $0.72, approaching the $0.90 resistance. Bullish signals from the MACD and an RSI of 59 suggest strong momentum. However, the stochastic reading above 80 points to overbought conditions. If XLM breaks the $0.90 resistance, the next target is $1.34.

Ethereum (ETH): Bullish Momentum and a $3770 Target

Source: Trading View

Ethereum has seen steady growth, rising from $3094 to $3566 over the past month. The RSI sits at 62, showing bullish momentum without being overbought. Ethereum trades above the 10-day and 100-day SMAs of $3411 and $3391, indicating solid support. The next major resistance is $3770.33. Breaking this could lead to $4241.83, offering a 19% potential upside. Watch for signs of continued upward momentum or a potential consolidation.

Sandbox, Stellar, and Ethereum are all showing strong bullish trends. These altcoins have made impressive gains, with key resistance levels ahead. As long as market conditions stay favorable, these coins could keep climbing. Keep an eye on their price movements for further opportunities.

cryptonewsland.com