ETH, ADA and SOL: Are We Seeing a Breakout, a Shakeout, or a Fakeout?
2025-07-18 10:18:06
Main Idea
Ethereum, Cardano, and Solana are showing potential breakout trends in the crypto market, with analysts predicting significant price targets and warning of possible short-term shakeouts.
Key Points
1. Ethereum broke through the $2,800 resistance level and could target $4,000 or higher, with potential long-term targets up to $10,000 in this bull cycle.
2. Cardano is nearing a breakout above $0.76, with analysts suggesting a possible 'short squeeze' if it decisively surpasses this level.
3. Solana demonstrated a textbook breakout by surpassing $160 resistance, retesting it as support, and then bouncing higher.
4. Experts warn of potential short-term 'shakeouts' (15-40% drops) in altcoins before prices continue their upward trend.
5. Bitcoin's declining dominance is contributing to the surge in altcoins like Ethereum, Cardano, Solana, and XRP.
Description
Ethereum broke key levels and could soon target $4,000 or higher. Cardano is nearing a breakout and may rally past the $1 mark. Solana followed a textbook breakout and looks set for more gains Altcoins are finally waking up. As Bitcoin’s dominance starts to fall, the market is beginning to see some serious movement in the rest of the crypto market. Ethereum, Cardano, Solana, and XRP among other altcoins are breaking key levels and it’s starting to feel like the early signs of a real altcoin seas...
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