Crypto markets are getting exciting again, and market strategist Gareth Soloway says the charts are quietly telling an important story. According to Soloway, Bitcoin is holding strong near important levels, while several altcoins are flashing bullish signals that traders should not ignore.
Soloway says the best part is that these moves were visible on the charts days in advance, before the crowd caught on. That is usually how big money operates.
Bitcoin Holds Its Ground With $100,000 in Sight
Bitcoin is currently trading inside a tight price range, but Soloway says that is not a bad thing. In fact, this kind of sideways movement often builds energy for the next move. As long as Bitcoin stays above its main support line, the short-term outlook remains positive.
There is a solid chance Bitcoin pushes toward the $100,000 level, which also happens to be a major psychological barrier. Soloway warns that while a move to $100,000 is possible, it could also become a strong selling zone once reached.
Ethereum Bounces, But Resistance Still Matters
For Ethereum, the story is mixed but interesting. Ethereum recently bounced off a major support level that has held multiple times in the past. That bounce opened the door for a possible move toward the $3,600 to $3,700 range.
Still, Soloway warns that Ethereum is not fully out of danger. The chart suggests short-term strength, but medium-term resistance remains heavy. In simple terms, ETH can move higher, but it will need strong momentum to keep going.
XRP Delivers a Clean Technical Bounce
Soloway sounded more confident when talking about XRP. After a sharp rally, XRP pulled back to a very specific technical level known as the 0.618 Fibonacci retracement. Traders often call this the “golden zone.”
XRP respected that level perfectly and bounced hard. According to Soloway, this is exactly what strong assets do after fast moves. It shows buyers are stepping in with confidence rather than panic.
Solana Starts to Stand Out
Solana is another coin catching attention. Soloway pointed to a classic reversal pattern forming on the chart. If Solana clears its first resistance near $155, it could move quickly toward the $170 area.
He added that Solana’s structure looks healthier than many traders realize, especially if the broader market stays stable.
Cardano and Chainlink Join the Momentum
Cardano has already broken out and is now consolidating. If it holds steady and breaks higher again, Soloway sees room for a move toward the $0.48 to $0.49 range.
Chainlink is showing a similar setup. After a strong move and brief pause, the trend still points upward, especially if Bitcoin continues to hold its range.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
