In challenging market times, traders are shifting their focus from immediate gains to long-term stability. Amid volatility, the priority becomes maintaining capital rather than chasing profits. This evolving strategy raises the question: which cryptocurrencies are set for a revival? The article delves into the coins poised for growth, offering valuable insights for both seasoned and novice investors. Ethereum Fights to Regain Strength: Are Bright Days Ahead? Source: tradingview Ethereum's price zigzags between just under two thousand dollars and nearly twenty-eight hundred dollars. It has been on a downward slide, losing over a quarter of its value in a week and close to a half in six months. Yet, hope is not lost. Analysts eye a bounce back if it breaks past the three thousand three hundred dollar mark, paving the way toward hitting four thousand one hundred dollars once more. This could mean a climb of over forty percent from its current upper range. For now, watch if it bounces from the support area or breaches the resistance for a sign of brighter days ahead. Solana Struggles; Can It Bounce Back? Here's What Numbers Say Source: tradingview Solana's current price hovers between $88.57 and $120.41, showing a shaky ground with recent drops. In just a month, its value fell by nearly 38%, marking a tough period for the coin. Yet, hope isn't lost. If it breaks past the resistance at $140, we might see it climbing further to about $172, a potential rebound of around 43%. On the downside, if it falls below $76.51, it could descend to about $44.67. Despite current struggles, Solana still holds promise if market conditions turn in its favor, while closely watching those support and resistance levels. Cardano's Shaky Path: Will ADA Bounce Back Soon? Source: tradingview Cardano's price is currently between a quarter and a third of a dollar, and it's seen better days. Recently, it's been struggling, losing around one-sixth in just a week and almost a third over the past month. The price is wobbling close to its 10-day moving average, hinting at short-term stability. However, with the nearest resistance level sitting just above a quarter-dollar at forty cents, a rally could push it there, offering a potential increase of over half. If attention shifts to pushing past the next barrier at fifty cents, the price could nearly double. But for now, traders are watching closely to see if ADA can climb back up. Conclusion Adaptation to tough market conditions ensures longevity and future gains. Traders are focusing on survival by managing risks and optimising strategies. Coins like ETH, SOL, and ADA are still prominent choices for investors. Their strong fundamentals and potential for growth make them reliable options. Keeping a clear strategy and prioritising survival sets the stage for eventual profitability. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
