Solana's recent price surge has captured the attention of the cryptocurrency market. This upward trend might signal impending strong performances for other major altcoins like Cardano, Ripple, and TRON. As Solana gains momentum, investors are closely watching to see if these digital assets will follow suit and deliver significant gains by the end of the first quarter. NOW Wallet reports an increase in transaction volumes for SOL, ADA, XRP, and TRX, suggesting growing investor interest. Solana's Price Targets $265 Resistance as Bulls Take Charge Solana is showing signs of bullish momentum, with its relative strength index above 60 and a positive MACD level. Despite a dip of nearly 8% in the past week, the cryptocurrency remains up by almost 50% over the last six months. The current price ranges between $182 and $234, approaching the nearest resistance at $265. If the upward trend continues, Solana could reach the next resistance level at $318, which would be an increase of about 30% from its current price. Transaction volumes have notably increased, according to NOW Wallet, an all-in-one app for securely managing cryptocurrencies like Solana without custody or hidden fees. >>> Manage and Diversify Your Crypto Portfolio Seamlessly with NOW Wallet Cardano Faces Bearish Pressure Amid Recent Price Decline Cardano (ADA) is facing bearish pressure as its price moves between $0.71 and $0.95, dropping nearly 19% in the past week and about 29% over the month. The short-term average price is below the long-term average, signaling downward momentum. The strength index shows neutral activity, but negative indicators suggest a bearish trend. If the price dips below the support at $0.61, it could reach the next support at $0.37. Conversely, if buyers step in, the price might target resistance levels at $1.09 and $1.32. Notably, transaction volumes have risen, according to NOW Wallet, a secure app for managing cryptocurrencies. >>> Manage and Diversify Your Crypto Portfolio Seamlessly with NOW Wallet XRP Targets $3.50 Resistance as Bulls Gain Momentum XRP's price is hovering between $2.29 and $3.04. Despite a 14% drop over the past week, it has risen by over 8% in a month and surged by nearly 338% over six months. Momentum indicators suggest the market is neutral but leaning towards bullish. If the price moves past the $3.50 resistance level, it could reach $4.25, which would be an increase of over 40% from current levels. Notably, transaction volumes involving XRP have increased, according to NOW Wallet, an app for securely storing, swapping, staking, and managing cryptocurrencies without custody. XRP can be held on NOW Wallet with no registration and no hidden fees. TRON Faces Bearish Pressure but Eyes Key Resistance Levels TRON (TRX) is currently facing bearish pressure. Its price ranges between $0.21 and $0.25. Over the past week, it dropped by 9%. The Relative Strength Index is 51, which is neutral. If the price holds above the support level at $0.20, it could aim for the resistance at $0.27. Breaking above $0.27 might push it toward $0.31. This would be an increase of nearly 35% from the current price. The Simple Moving Average over 10 days is $0.22, below the 100-day average of $0.24, signaling short-term weakness. Despite recent declines, transaction volumes have increased notably, according to NOW Wallet, an app for securely managing cryptocurrencies like TRON without custody or hidden fees. Conclusion Solana's recent surge hints at promising prospects for ADA, XRP, and TRX. Each of these cryptocurrencies offers unique opportunities: Solana's fast transaction speeds, Cardano's innovative platform, Ripple's efficient payment solutions, and TRON's focus on decentralized applications. For those looking to invest, NOW Wallet app provides an excellent platform for transactions. It offers privacy and security without requiring registration or taking custody of user funds. NOW Wallet simplifies crypto management with easy fiat-to-crypto operations. It supports storage and instant exchanges of thousands of tokens across major blockchains, along with built-in cross-chain swapping capabilities. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
