• SOL is being probed cheaply against its 99-day moving average and the lower Bollinger Band. If volume follows suit, a bounce from this area may spur further uptrend.
• Dogwifhat has near-term resistance but strong support levels. A move above the 25-period MA could tip the balance back in favor of the bulls.
• Avalanche fell below key moving averages, but macro DeFi growth and institutional interest could support a recovery if the price reclaims $25.

Cryptocurrency traders are closely monitoring several assets following key technical movements this week. Among the standout names are Solana (SOL), Dogwifhat (WIF), and Avalanche (AVAX), all of which are displaying signals that could lead to significant gains. Market analysts believe these three altcoins have the potential to post explosive returns, possibly leading into 2025, if broader bullish momentum continues.

As market activity accelerates and liquidity returns, investors are watching short-term price action to anticipate larger market cycles. Technical indicators on the hourly charts show essential support and resistance levels that may define near-term direction. Here’s a closer look at each project’s recent performance and what it could mean for long-term growth.

Solana Pulls Back to Key Support as Volume Spikes

Solana’s 1-hour trading chart against USDT reveals a notable pullback after a sustained uptrend. The price currently trades around $190.62, reflecting short-term weakness after slipping below the 7-day and 25-day moving averages, positioned at $194.09 and $199.70, respectively. These levels previously acted as dynamic support during the upward move.

Currently, the asset is hovering near its 99-day moving average at $190.25, a zone that overlaps with the lower Bollinger Band at $190.29. These indicators suggest a support area that traders may watch for a bounce or breakdown. The rise in the volume of trade in the recent past, which has shown off in greater than 92K, evidences greater sales. In case SOL can sustain this level, consolidation can be expected afterwards in another effort to recapture higher resistance zones.

Dogwifhat (WIF) Eyes Recovery as the Inflection.

At the time of writing this, WIF is trading around $1.191, and it has dropped from local highs. In the short term, the asset has fallen under the 7-day and 25-day moving averages ($1.218 and $1.233, respectively), which shows current selling pressure. The price has settled around its 99-day MA of $1.195 and the lower Bollinger Band of 1.175 to create a technical cluster, which could act as a support system.

A significant spike in volume, which hit 2.317 million, suggests strong participation during the decline. If the price stabilizes above the current support zone, WIF may enter a recovery phase, potentially targeting its previous resistance zones in the short term. Traders will watch how it reacts to re-entry above the 25-day MA, which would signal the first step in reversing the downward trend.

Avalanche (AVAX) Breaks Below Support as Market Sentiment Shifts

The AVAX pair has experienced a sharp breakdown, with the price falling to $24.04. This marks a significant move below key moving averages, including the 7-day ($24.51), 25-day ($25.14), and 99-day ($25.14). The price also pierced the lower Bollinger Band at $24.01, reinforcing current bearish momentum. Trading volume surged to over 105K, supporting the validity of the move.

This technical breakdown will occur after a period of sideways consolidation, implying a change in market sentiment. In case AVAX cannot maintain above the price of $24.00, fresh losses can see the token nearer to the cost of $23.00. Otherwise, a rebound back above the $25 zone would clear up the path to new bulls.

What 3 Crypto Assets Are Blowing Up Before 2025

A technical analysis of the three, Solana, Dogwifhat, and Avalanche, shows essential price levels that can dictate the future trend in the short term and long-term prospects. Although volatility could be experienced in the short term, these assets are placed in long-term strategies that may drive future growth.

Market analysts point to a possible 15,650% upside potential across selected altcoins, and assets like SOL, WIF, and AVAX remain part of that conversation. With the right conditions—strong sentiment, capital inflow, and continued development—these cryptos could outperform in the next major bull cycle.