- XRP shows steady upward momentum, with support at $2.39 and resistance at $2.50.
- HBAR’s price trajectory signals bullish potential, eyeing $0.33 as next resistance.
- ADA’s strong uptrend suggests further gains if resistance at $1.10 is broken.
January 2025’s altcoin rally is gaining momentum, with XRP, HBAR, XLM, and ADA driving notable gains. These altcoins are capturing traders’ attention through bullish price movements and increased market activity. With key trading levels in focus, the stage is set for a potentially pivotal month in the crypto market.
XRP Shows Strong Upward Momentum
XRP is currently trading at $2.44, up by 2.02% in the past 24 hours. This reflects a market cap of $140.09 billion and a trading volume of $5.73 billion.
XRP has shown a consistent upward trend. The price moved from $2.39 to its current level. The chart indicates a pattern of pullbacks followed by quick recoveries. This suggests strong buyer support during dips.
Support levels are at $2.39 and $2.35. Resistance levels are at $2.45 and $2.50. A break above these resistance levels could signal further bullish momentum for XRP.
HBAR Continues to Climb
Meanwhile, HBAR trades at $0.3107, reflecting a 6.77% increase in the past day. The market cap stands at $11.88 billion, with a 24-hour trading volume of $1.04 billion. HBAR’s price has shown a steady upward trajectory. It moved from $0.2916 to a peak of $0.32 before pulling back slightly.
This price action has formed higher lows, signaling a bullish trend. Support levels are at $0.30 and $0.2916. Resistance is at $0.32 and $0.33. If HBAR breaks above $0.32, the next target could be $0.33, suggesting further gains ahead.
XLM Shows Volatility but Potential for Gains
Similarly, Stellar (XLM) trades at $0.4425, up 0.53% in the last 24 hours. The market cap is $13.42 billion, with a trading volume of $1.3 billion. The chart shows volatility, with XLM dipping below $0.44 before recovering.
Resistance levels at $0.46 have caused some price rejections. However, if XLM breaks this level, it could target $0.47. Support levels are at $0.44 and $0.43, where the price has found stability in the past. A breakout above $0.46 would signal strong upward momentum for XLM.
ADA Surges with Strong Bullish Sentiment
In contrast, Cardano (ADA) trades at $1.09, showing a 14.02% increase in the past day. The market cap is $38.14 billion, and the trading volume is $2.2 billion. ADA has been in a strong uptrend, climbing from $0.95 to $1.09.
The price has formed higher highs and higher lows, confirming a bullish trend. Key support levels are $1.05 and $1.00. Resistance is at $1.10 and $1.15. If ADA breaks above $1.10, the next resistance could be $1.15, suggesting further upside potential.
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