Solana (SOL) Could Be Ready for $200, Third Dogecoin (DOGE) Price Drive to Cause 30% Surge? Has New Ethereum (ETH) Bull Run Just Formed?

Solana Eyes $200 as Recovery Potential Soars

Solana is demonstrating strong potential for recovery, approaching the $200 mark. After breaking through $160, the asset now trades above $170. Positive momentum may drive Solana higher, targeting $185 resistance.

Solana faces minimal resistance moving forward, supported at $155. Rising market confidence and a solid support base indicate a sustained rally. $185 emerges as the next hurdle before a potential surge towards $200.

Dogecoin Poised for a 30% Surge

Dogecoin may be on the cusp of another spike, potentially rising 30%. Elliott Wave theory suggests it's the third leg of a price drive, typically considered the strongest. Dogecoin has surpassed $0.12 resistance and remains stable around $0.13.

With support at $0.12 and $0.11, Dogecoin has room for further gains, especially amidst positive market sentiment. Overbought conditions (RSI at 70) may lead to a brief pullback before another uptrend. The target range is $0.18-$0.19, a key psychological resistance zone.

Ethereum Uptrend on the Horizon

Ethereum has exhibited a discernible uptrend, but its strength remains uncertain. It currently trades within a clear channel, and its response to key levels will determine its future direction.

Resistance at $2,790 has been a hurdle for Ethereum in October. A breakout could signal a stronger uptrend, targeting $3,000. Support lies at $2,488, the lower boundary of the ascending trendline. A decline below this level may indicate a temporary retracement.

Ethereum finds additional support at $2,400. The RSI is at 56, suggesting a balance of bullish momentum without overbought conditions. While volume is steady, a substantial price swing would require increased trading activity.

Ethereum's uptrend holds promise, but a confirmed bull run is premature. The coming days will reveal its response to resistance at $2,790 and support at $2,488. Overcoming resistance may open up higher targets, while failure could lead to a retracement or sideways movement.