Four Altcoins on breakout
Algorand (ALGO) has been trading between $0.17 and $0.21. Seeing a 35.8% rise over the last 6 months shows it still has potential. ALGO’s nearest resistance level is $0.23, and breaking it could drive a rally toward the second resistance at $0.27.
Sei (SEI) is currently priced between $0.16 and $0.20, Sei has potential if it can break through the $0.23 resistance level. Breaking this barrier could lead to a surge towards $0.28, indicating a possible increase of over 40% from the current range.If Sei maintains above the $0.15 support, it might lead to the optimism of an upcoming altcoin season.
Ethena (ENA) is showing promise despite recent price declines. Currently in the $0.34 to $0.42 range, it faces resistance at $0.48, with support at $0.30. If bulls step in, ENA could rally first to $0.48, then aim for the $0.56 mark.