Crypto News Bulletin from bitzo

Thursday March 6, 2025 7:05 PM
5 days 18 hours ago

Must-Buy Cryptos Before the Trump Crypto Summit Ignites a Price Rally – SOL, BNB, and ONDO on Our Radar


The much-anticipated Trump Crypto Summit is set to shake up the market. Savvy investors are keen to identify coins poised for significant gains, especially after Trump recently revealed plans to include SOL in his proposed federal crypto reserve alongside Bitcoin and Ethereum. Key cryptos catching the spotlight include SOL, BNB, and ONDO, positioning them as strong contenders ahead of potential regulatory boosts and institutional adoption. This article dives into why these coins could soar in anticipation of the summit. Solana Mixed Signals: Volatility Meets Opportunity SOL dropped 31.04% in the past month while recording a 19.48% increase over six months with a 10.33% weekly gain. The price movements indicate a coin under pressure in the short term but with potential for longer-term recovery. Recent weeks have shown increased volatility, with sharp rebounds possible despite a challenging monthly performance. Current prices range from $104 to $213, with solid support around $60.77 and resistance at $277.85 and $386.39. Indicators reveal mixed signals of bullish recovery and bearish pressure, lacking a clear trend. Traders may consider cautious buys near support and watch for breaks above resistance to capture potential upward momentum. BNB Price Surge and Key Level Battle in a Mixed Market BNB dropped about 2% over the last month while showing a strong six-month gain of roughly 24%. The coin maintained a trading range from around $487 to $711, reflecting some short-term weakness followed by solid long-term recovery. Price action over these periods revealed steady, if uneven, momentum that set the stage for potential moves as traders adapted to minor setbacks and overall robust performance. Current levels present clear markers with support near $385 and resistance at about $834. The market lacks a defined trend as bearish signals from oscillators mix with long-term strength. In this setting, traders may look for breakouts above resistance or tests of support to decide on entry and exit points. Ondo Price Trends and Key Levels Analysis Over the past month, ONDO experienced a drop of approximately 15.68%, while its six-month change shows a robust increase of about 107.42%. The recent one-week gain of 21.38% highlights its volatile behavior, reflecting fluctuating investor interest and sensitivity to short-term shifts without a clear pattern of steady movement. Current trading sees prices ranging from $0.75 to $1.37. Immediate resistance is at $1.74, with support around $0.51. Bulls and bears appear balanced, and the lack of a defined trend suggests cautious trading. The area between support and resistance may serve as a battleground for future price movements. Conclusion SOL, BNB, and ONDO appear promising ahead of the upcoming event. These cryptos have shown potential for growth. Investors will be watching for significant moves. Anticipation is building, making it a key moment. Keeping an eye on these coins could be beneficial. The upcoming summit could trigger notable price changes. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

TRADING|SOL|BNB|ONDO|MARKET