ARB, APT and the outlook for other Tokens: key thresholds have yet to be broken

The Altcoin Market Cap, which has been above the yellow zone for several weeks, is starting to lose momentum. Last week, we experienced a downward breakthrough of the yellow zone, considering the $1.25 trillion level as important.
In this new week, we saw Altcoin Market Cap testing the yellow area as resistance in the third quarter of 2024. This time, the support area has become a resistance area. The yellow area, which could reach a value of $1.25 trillion, may easily break upwards again in the coming months. (
There may be no problem at this point, but the important development is that ETH completely dominates the situation. In the current cycle, many important events have occurred in the cryptocurrency market and the Token market that will cause a significant increase. However, the market value of Altcoins has not yet seen a new all-time high. The blue area representing the peak of 2021, despite many good things happening, has still not broken through in the current cycle. )
ETH: Key area has been tested
Ether is the highest market value Token product in the cryptocurrency market, and the closing price this week has fallen below the green area covering the range of 2800 to 2900 US dollars. This area also faced resistance testing this week. We should look for Ether to stand firm above this area and support a pattern at the 3100 US dollar level.
LTC: Trying to change direction upwards
Despite the volatility last week, Litecoin did not shake its position. LTC deeply pierced below the red major support area covering the range of 100 to 115 US dollars, but closed the week above the red area. LTC ended the week with a strong posture and is striving to readjust its direction in the new week.
I expect to first test the purple area covering $147-153 in LTC. The possibility of breaking through this area should not be underestimated. Especially during periods of improvement in the altcoin market, I can say that LTC can easily break through this area.
ARB: 0.46 – 0.52 dollar range needs to be regained
ARB conducted a bottoming exploration in the third quarter of last year. The area where ARB bottomed out made the range of $0.46-0.52 an important red zone. Market participants saw ARB stabilize in the red zone and soon began buying actions, which continued until ARB's minor resistance area, the green zone. After being rejected in the green zone, ARB soon failed to stabilize in the deep blue zone, and sellers brought down the price with great panic.
If ARB fails to hold its ground in the red zone, regaining the range of $0.46 - $0.52 this week will to some extent alleviate its wounds. Reclaiming this area is crucial.
APT: It is colorless now
APT will try to find a middle ground again. APT is still fluctuating between two key areas, retesting the green major support area last week. The range of $4.70 - $5.35 constitutes the levels of the green area. After closing above this area last week, APT is currently in a sideways trend this week. If it continues to stay above this area in the near future, we can consider APT to have a high probability, at which point we can consider it as a middle ground and initiate a new upward movement towards the pink resistance area I mentioned.
The pink area covers a range of $9.6 - $10.7. I think this area will be tested again at least. If testing is done under the conditions of a secondary season in the secondary market, we may see APT easily break through this area.
SUI: 2 - 2.40 range is very important
SUI is one of the new cryptocurrencies and has performed well in the alternative currency market. SUI's market value has squeezed into the top ten, currently ranking 12th. While most alternative currencies are struggling, SUI is gradually rising. So much so that the previously unbreakable red zone has recently turned into a major support area, which has been unattainable in the first three quarters of 2024.
In February and March 2024, we saw the red zone being tested as resistance. In October, SUI investors also encountered a similar situation. By November 2024, the red zone had been firmly broken through, and SUI tested the area as support last week. The $2-2.40 range is a very important area for all the reasons I mentioned.
If SUI can stay stable above the range of 3.55 - 3.65 US dollars, it will gradually move away from the important red support area.
ONDO: doing what it does best
ONDO has done the best and maintained strong. Despite leaving a long ignition line close to the red main support area last week, it also successfully fell back above the yellow area before the close of three days and one week.
Above the yellow range covering $1.08 - $1.12, it can be said that the bull market still dominates. ONDO has not yet broken through the range of $1.58 - $1.65 and is still consolidating between these two key areas. If it breaks through the white area, it may bring ONDO to a new high.
SHIB: Passed a successful test
SHIB has successfully passed one test so far. After about a year of activity in the pink area we tested in the past week, SHIB encountered a large group of buyers, which immediately strengthened SHIB significantly. SHIB closed in the green this week, with dark candles heading towards the pink area, making this move meaningful.
The range of 0.000011 - 0.000013 dollars forms the level of the pink area. As long as SHIB stays above this range, there is no reason to be pessimistic.
LINK: The $18 - $22 zone is crucial
LINK recently tested the blue-green area it broke through as the main support area. The $18-22 area is very important, so LINK needs to stay above this area, and market participants need to pay attention to this area.
The collapse of the region will mean the continued bloodshed on the chain.
FIL has been trading within the same range for over two years and is still above the blue support area with a value of 2.4-2.8 US dollars. #Gate.io Has Officially Partnered with Oracle Red Bull Racing#
DOT, which has accumulated for about two and a half years, is once again standing firm in the major support area.
GALA has accumulated more than two years of time in two key areas. Note the range of 0.013-0.016 USD.
#Weekend Market Analysis# #Market Dip: What to Buy?#