Why These Altcoins Are Trending Today — February 18 | Airdrop Alert Pro

The cryptocurrency market showed different signals, causing some altcoins to climb while others experienced a decline. However, some Altcoins are attracting investors’ attention due to the latest developments in tokens.

Beincrypto analyzes three trend altcoins and their potential price movements.

Solana (Sol)

Solana has always been According to Santiment, one of the biggest trend tokens today. The attention is because Solana-based token Libra made headlines and attracted investors’ interest. However, due to suspicion that Libra tokens are a pumping program, this has caused huge losses to its investors and is therefore mostly negative.

Due to this negative concern, Solana’s price has suffered a loss, down 10.5% in the past 24 hours. This price action invalidates the rising wedge mode, sol The current transaction price is $168. Altcoin’s inability to maintain upward momentum suggests that short-term bearish pressure may continue.

If the reduction continues Search may face A further decline is likely to drop to $156. Such a decline will widen investors’ losses and may indicate long-term weakness Solana. However, taking back $169 as support level will help Sol reverse the bearish trend and push it towards $175 or $183. This shift will invalidate the current bearish outlook.

Pepe (pepper)

Pepe’s price is recent As new meme coins try to steal their limelight, they have attracted attention. The rise of these tokens is creating additional competition that could impact Pepe’s demand and traction. Still, Pepe continues to be one of the most important meme coins on the market.

Pepe’s price remains elastic in the rising competition of new meme coins. It trades at $0.00000995, maintaining signal stability above the downtrend support line. This could cause Pepe to violate the next resistance of $0.00001146, thus giving its previous high of $0.00001369.

But, if Pepe lost With support of $0.00000951, the price may drop to $0.00000839. A decline below this level will invalidate the bullish outlook and increase the risk of extended losses. Investors should monitor critical support levels to assess potential price movements.

Chain links (links)

Another trend altcoin, Price of link Support has been holding on the downtrend line since the beginning of the year. AltCoin is trading at $18.20, which can achieve a potential rebound. If Link violates $19.23, it could boost momentum and move towards its next level of resistance.

Successfully turning $19.23 to the support level will indicate further bullish momentum for the link. This will allow Altcoin to target the $22.03 target, a key resistance point. Violating this level will help restore a large portion of the recent losses, thereby enhancing investor sentiment and confidence.

But, if Lost link It could fall to the $17.31 support level with the downward line. In this case, the link may test $15.62 as the next support, invalidating the bullish paper and extending the ongoing downtrend.