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11 July Altcoin Price Analysis: Key Levels for Ethereum, XRP, ADA, SOL, and HYPE
Amid Bitcoin’s record surge, the cryptocurrency industry continues to draw in investors as major altcoins exhibit conflicting signals. Prominent cryptocurrencies such as Ethereum (ETH), XRP, Cardano (ADA), Solana (SOL), and the popular token HYPE are all trading in dynamic ranges on July 11, each of which reflects a distinct market attitude and trajectory. Knowing the most recent price movement and possible trends for these coins is essential as traders and analysts wait for clues of the next major move.
Ethereum Breaks $3K as Bulls Target $3,500 Next
This week, Ethereum saw a significant breakout with a 19.42% increase. Before the retreat began, the price surged above $3,000 after breaking the $2,800 resistance. With proven higher highs and lows, Ethereum is well-positioned to continue its upward trajectory.
The $2,800 resistance level from before is now a crucial support level. ETH has a good potential of turning the $3,000 level into support and aiming for even higher levels like $3,350 and $3,500 as long as this level is held.
XRP Climbs Above $2.6 Resistance: Is a Rally Toward $3 Next?
XRP has climbed above $2.6, which is currently serving as resistance, after breaking above $2.3 in recent days. In this regard, the price saw a remarkable 23.70% increase to end the week. Higher levels could be anticipated while buyers are on the offensive.
The $3 level is the chart’s most clear target. But XRP must confirm it and turn $2.6 into support in order to get there. This cryptocurrency is finally making major moves after a protracted consolidation, and it might touch $3 once again. This level is used to bring back vendors.
ADA Price Surges Above $0.64 Support: Is $0.90 the Next Target?
This week’s 33.43% rise has finally ended Cardano‘s downward trend. The price was able to rise and regain the support at $0.64 after the sellers left. To halt the downward trend and restore hope, this was required.
ADA has a genuine possibility to rise towards $0.9, a crucial aim at the moment, since the market is shifting. Although the current momentum is strong enough to propel it past $0.7, sellers may return around that amount. After a protracted decline since late 2024, this cryptocurrency can now expect to regain its $1 price tag.
Solana Recovers $152 Support: Can SOL Push Toward $186?
Another strong performer is Solana, which was able to recover $152 in support. Thus, purchasers were able to raise the price above $160, ending the week with an 11.39% gain. Although this is positive, SOL’s price growth is not keeping pace with that of other significant altcoins, such as Ethereum or XRP. This suggests that the majority of the demand for purchases is focused on other places. However, Solana has a decent chance of reaching the current resistance level of $186.
HYPE Rallies 20% to Enter Top 10 Cryptos by Market Cap
At $46.38, HYPE was able to reach a new all-time high. If stablecoins are taken out of the equation, HYPE’s 20.15% rally at the end of the week places it among the top 10 cryptocurrencies by market capitalization. This indicates that HYPE continues to dominate the market and that its recent price behavior is comparable to that of ETH and ADA. HYPE has a decent chance of rising to $50 in the future, which is merely a slight rise from the current price. If it works, $55 will be the next important level.
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