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Under the pullback pressure of Bitcoin, the four major altcoins LTC, CRO, ENA, and MNT have surged against the trend!
Bitcoin (BTC) recently broke through $115,000 but faced resistance, quickly retreating to $113,000, leading to a more cautious market sentiment. However, while mainstream capital remains on the sidelines, some enterprises and institutions have taken the opportunity to increase their holdings, and the altcoin market has quietly shown a strong rebound. This article will focus on four major altcoins that have recently demonstrated impressive technical performance—Litecoin (LTC), Cronos (CRO), Ethena (ENA), and Mantle (MNT)—analyzing their key support and resistance levels and potential for the future.
Litecoin (LTC): Bulls defend support, targeting 130 USD
LTC rebounded strongly at $107, with the moving averages trending upward technically, and the RSI in the overbought zone, indicating that the main trend remains upward. If the price stays stable at $122, LTC/USDT is expected to challenge $130 or even $140. If it falls below $120 in the short term, attention should be paid to the 20-day moving average support at $111.
Cronos (CRO): Bulls in Control, $0.15 is the Key Breakthrough
CRO quickly rebounded above the 20-day moving average after falling below $0.13, with the RSI close to 58, indicating a bullish technical outlook. If it can break above and close at $0.15, it will confirm the continuation of the upward trend, with target prices of $0.17 and $0.19 respectively. If it falls below $0.12, caution should be taken regarding the support at the 50-day moving average of $0.10.
Ethena (ENA): The pullback buying pressure is strong, aiming directly at $0.82
ENA faced resistance at $0.70, but bulls are actively supporting at the 20-day moving average of $0.54. If the price breaks above $0.70, it is expected to target $0.82 or even $0.96. If it falls below $0.54, the short-term bullish trend will come to an end, and attention should be paid to the support at $0.42.
Mantle (MNT): Head and Shoulders pattern brewing for an explosion, $1 in sight
The MNT daily chart shows an inverted head and shoulders pattern. If it breaks and holds above the neckline at $0.85, it will confirm a new wave of upward movement, with target prices of $0.94, $1.06, and even $1.15. If the price falls below $0.85, pay attention to the moving average support at $0.78 and $0.67.
Conclusion
Despite the continued downward pressure on Bitcoin, the four major altcoins, LTC, CRO, ENA, and MNT, have displayed strength from a technical perspective, attracting capital attention. Investors should closely monitor key support and resistance levels as well as market momentum to seize new opportunities in the counter-trend market.