Cryptocurrency markets are in a pivotal phase. With a significant event like the halving approaching, investors are keen to know its impacts. How will popular coins such as SOL, ADA, and TON and newcomers like BLP respond? The past has shown a bull run to follow such events, and in 2024, the trend seems to be holding. The question remains: will this pattern continue, leading to a surge, or will the market experience continued instability? The analysis ahead sheds light on the potential paths these cryptocurrencies might take.
What you'll learn 👉
BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live!
BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $4.6 million in just a few weeks, capturing the attention of savvy early investors.
BlastUP champions the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
>> Grow Faster and Earn More with BlastUP! <<
BlastUP token holders can enjoy exclusive benefits like access to an Airdrop, special rewards in IDOs, and the opportunity to earn interest through staking.
As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
>> Join BlastUP Presale NOW to Unlock Early Benefits <<
Solana Crypto: Price Movement and Forecast
Solana, known as SOL, shows a price drop in the short term. In one week, it fell by 23.84% and in one month by 24.61%. However, over six months, its value soared by 487.95%. Currently, the price moves between $118.70 and $184.63. The price action suggests a corrective phase as it’s below the recent higher range.
Predicting SOL’s future price pulls from different signals. The long-term view is bright given the six-month surge. Yet, near term sees caution with falling prices. Resistances at $217.68 and $283.61, paired with supports at $85.82 and $19.89, create possible turn points. Indicators like RSI and MACD hint at more stability ahead, but short-term ups and downs are likely.
Cardano Crypto Price Moves and Future Outlook
Cardano (ADA) has seen significant price movement lately. It has fallen a lot in a week and even more over the past month. However, looking back six months, Cardano has climbed quite a bit. Currently, the price floats between $0.37 and $0.59. The coin seems to be showing a mix of upward and downward trends recently.
Considering the recent price action of ADA, there are reasons to expect both increases and decreases in value. The price is below both the 10-day and 100-day average prices, which might suggest a possible rise if it moves up to meet these averages. Nevertheless, caution is warranted because the price is much closer to the closest support level than the nearest resistance level, indicating that a drop is also possible. Given the current technical signs, ADA’s future price could go either way.
Toncoin Crypto Price Update
In the past week, Toncoin’s price dipped slightly by 1.43%. However, looking back a month, it soared by 77.12%. An impressive six months’ change shows a 205.78% increase. Currently, prices fluctuate between $5.29 and $7.98. The RSI at 35.18 suggests Toncoin isn’t overbought, while the Stochastic value is low at 14.24, indicating potential for price growth. The recent moves appear to be a mix of both impulsive and corrective patterns.
Looking ahead, Toncoin shows promise but must be approached with care. It faces resistance at $9.18, which could limit upward movement. If it breaks past this, the next challenge is at $11.87. On the downside, support lies at $3.80 and, more distantly, at $1.11. Given its recent surge, some pullback wouldn’t be surprising, but its strong performance might continue if it sustains momentum and breaks past the immediate resistance.
Conclusion
After the halving, it’s expected that the market could bounce back. However, coins like SOL, ADA, and TON may not see large gains in the short term. The standout is BlastUP from the Blast ecosystem due to its solid concept and promising future. BlastUP shows the highest potential among the discussed tokens.
Site – Twitter – Discord – Telegram
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
