Major Cryptocurrencies Poised for Further Gains But Also Show Signs of Needing Pullbacks
• Bitcoin is close to $52K level and poised to potentially reach new all-time highs if support holds, though a correction is possible first.
• Ethereum is nearing $3K milestone but also shows signs of being overbought technically, so a pullback could materialize.
• Solana recently skyrocketed in price but volume has faded, signaling the rally may be tired.
• XRP has upside potential if bulls can break through resistance at the 200 day moving average.
• Chainlink has consolidated recently and its technicals indicate a correction could occur, possibly down to around $16.