The broader crypto capital has turned green with gigantic gains of 10.98% round the clock. Notably, Bitcoin and Ethereum have contributed the majority of the gains with more than 10% rebound in the past 24 hours.
There are still many other projects which have logged massive gains and are likely to continue their rally for the next 48 hours.
Avalanche and Solana have had an incredible performance with 9.89% and 10.85% gains respectively over the past 24 hours. Further, these coins are optimistic about continuing their rally by bypassing their overhead resistances in the next 48 hours.
Avalanche Price To Go 2x!
Avalanche has experienced a solid bounce at the bottom support of $68.12 reaching $78.16 with 14.83% gains round the clock. The asset is optimistic of breaking the crucial overhead resistance of $84.5 to confirm its move toward a new ATH. Currently, there are no signs of price getting back to the previous support levels.
The above chart showcases daily transactions happening on the AVAX network. It is currently generating consecutive higher highs with a resurgence in network activity. It is likely to continue and catalyze the price action beyond $100 in the next 48 hours.
Solana Price To Boom Beyond $200!
Solana’s price enjoyed a solid break out at $95.03 reaching $112.05 with 8.61% gains round the clock. Bulls are likely to push the price above overhead resistance $146.5 to bypass $200.
Further, the platform is also gaining a majority of the traction from the NFT space hence it is likely to be the major catalyst in the current supercycle.
Collectively, AVAX and SOL are the two blue-chip cryptocurrencies that are likely to gain the majority of the traction. These two tokens have further indulged in contributing to the expanding NFT space.
Source: https://coinpedia.org/altcoin/solana-sol-and-avalanche-avax-poised-for-huge-gains-in-the-next-48-hours-could-2x-be-possible/