altcoin watch Archives - Coin Engineer

RARE Targets Breakout: Can the Resistance Hold?

Yigit Taha OZTURK — Mon, 26 May 2025 16:00:47 +0000

In the altcoin space, some assets are quietly making notable moves. One such token is RARE, which recently caught investor attention with a sharp rebound. Key support and resistance levels are coming into play, giving traders important short-term signals.

As the market navigates uncertainty, these levels matter more than ever.

Approaching Resistance with Momentum

After bouncing off the 0.058$ support, RARE climbed steadily toward the 0.065$ – 0.068$ resistance zone. Although it appears to be facing some rejection at this range for now, the broader outlook remains cautiously optimistic.

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If this resistance is broken, a move toward the 0.072$ level could follow. Technical patterns point to this as a realistic next target.

What If the Decline Resumes?

However, should the price fail to clear the resistance, a retracement back to the 0.058$ support could be on the cards. This level will be crucial for the token to maintain short-term bullish structure.

RARE/USDT pair 4-hour chart.

Traders should keep a close eye on the resistance breakout potential as well as any downside test of the support.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post RARE Targets Breakout: Can the Resistance Hold? appeared first on Coin Engineer.

APE Nears $0.46 Support: Key Reaction Expected

Yigit Taha OZTURK — Tue, 06 May 2025 18:00:21 +0000

As highlighted in our previous high-timeframe analysis, APE failed to break through the bearish FVG (Fair Value Gap) zone. As anticipated, the rejection led to a downward move toward the $0.46 support, with the current price hovering around $0.47.

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This puts APE at a critical point, as traders watch closely for price action around this key level.

Holding $0.46 Could Spark Recovery, Breakdown Targets $0.40

If APE finds strong buying support at $0.46, a rebound toward the FVG zone could begin. This would signal a potential short-term recovery.

However, if the support breaks down with volume, a drop to the $0.40 area becomes a likely scenario. The $0.46 level remains crucial for determining APE’s next move in the market.

APE/USDT pair daily chart.

The post APE Nears $0.46 Support: Key Reaction Expected appeared first on Coin Engineer.

Solana Price Rally Continues: Is 161$ the Next Target?

Yigit Taha OZTURK — Wed, 23 Apr 2025 16:30:51 +0000

The recent bullish move in Solana (SOL) started with a breakout above the 126$ level. Soon after, the first target at 136$ resistance was tested and broken. A re-test followed, confirming strength, and the price surged toward the 145$ level, our next short-term target.

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Currently, Solana trades around 152$, maintaining a strong upward momentum. All eyes are now on the next key resistance at 161$, a potential breakout point that could push the rally even further.

Key Support Zone at 144$ – 140$ for Pullbacks

Of course, no uptrend is without pauses. If the price faces rejection at 161$, the first strong support zone is between 144$ and 140$. As long as SOL stays above this level, the bullish structure remains intact.

Congrats to everyone who has been tracking this move step by step. Let’s stay tuned and watch if 161$ will be broken soon!

SOL/USDT pair 4-hour chart.

The post Solana Price Rally Continues: Is 161$ the Next Target? appeared first on Coin Engineer.