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#Million $ANLOG Launchpool Airdrop is Live 🚀 Altcoin Market at a Critical Juncture
The altcoin market faces a key test, with multiple assets hovering around crucial support and resistance levels. As we approach the weekly close, here’s what to watch:
📌 ETH: A Battle for the $2,800 - $2,900 Range
💰 BlackRock’s ETH ETF recorded the second-highest inflow in history, signaling renewed investor interest. With BlackRock now holding 1.35 million ETH (worth nearly $4 billion), the focus is on whether ETH can reclaim the $2,800 - $2,900 range before the weekly close.
✅ Holding above this zone could fuel further buying momentum.
🔥 TAO: A Recovery Opportunity?
📉 TAO struggled to break above its blue major resistance zone and saw a sharp decline, falling below the $330 - $370 support earlier this week.
🔹 If TAO can reclaim this level, its next target would be $625 - $680—a crucial range to watch before the weekly close.
🚀 ONDO: Building Momentum
🔸 ONDO’s previous $0.80 - $0.87 resistance has turned into a solid support since November 2024. Despite a sharp drop, ONDO has held above $1.08 - $1.12 for three consecutive days.
🔹 A successful hold here could lead to a retest of the $1.58 - $1.65 resistance, potentially opening the door for a new all-time high (ATH).
📈 MANA: Bouncing Back from 900-Day Accumulation
🟢 MANA has been consolidating for nearly 900 days and recently bounced from its $0.25 - $0.29 support zone.
✅ A strong weekly close could provide the momentum needed to regain lost ground.
✨ SUI: The Shining Star
🌟 SUI has been one of the standout performers of this cycle, finding support at $2.40 and maintaining its uptrend.
📊 If it closes the week above $3.30, this could confirm continued strength.
📢 SEI: A Crucial Weekly Close Needed
🔹 SEI has held its $0.20 - $0.24 support, but faces heavy resistance at $0.25.
⚠️ A weak weekly close could create doubts, while a strong close within the purple zone would provide bullish confidence.
🔵 HBAR: Stability Amid Market Volatility
🛡️ Despite the turbulence in altcoins, HBAR remains resilient, bouncing off the navy blue support zone with buyers stepping in.
📈 As long as it continues forming higher lows, it remains in a stable uptrend.
🔥 SHIB: Holding Vital Levels
🐶 SHIB has been consolidating within the $0.00001280 - $0.0000150 range for over a year.
📊 With a weekly close above $0.0000151, SHIB could end the week in a promising position, setting the stage for further gains.
💡 Which AI Concept Coins Are You Holding?
🚀 Launchpool Initial Offering – ANLOG
📉 Market Pullback: Which Coins to Watch?
#Has the Market Bottomed Out?