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Coin Edition 2025-01-23 13:20:00

February’s Altcoin Picks: Market Insights and Price Updates

Ethereum is currently holding below an important resistance level. Solana and Polkadot await a bullish breakout. Arbitrum’s price has dropped from a crucial level. The altcoin market is showing signs of growth and bouncing back, with certain trends pointing to the possibility of a rally. While the broader market, including altcoins like Dogecoin and XRP , is gaining momentum, it’s not yet clear when a big altseason will occur. Historically, February has been a strong month for crypto, especially for Ethereum, and this year may follow the same pattern. Analyst Miles Deutscher has listed top altcoins for the February: Ethereum (ETH) The analyst said that Ethereum remains a foundational asset for many portfolios. Even with its volatility, its large ecosystem, smart contract capabilities, and strong developer community make it a must-have for long-term exposure to the crypto space. Ethereum is currently trading below an important resistance of $3,350 and is down 4% in the last week. The price chart shows some interesting price action and it remains to be seen if ETH will soon rise above $3400. Solana (SOL) Solana has emerged as a fast… The post February’s Altcoin Picks: Market Insights and Price Updates appeared first on Coin Edition .

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