SOL, OP, SAND, ADA, ETH Spice Up Altcoin Market… Details Here

• If SOL flips the $94.56 barrier, the price could rise back to $100.
• OP could pump to $3.50 but SAND’s bullish movement could face a hurdle.
• ADA’s price might increase to $0.50 but ETH bulls could lose hold on $2,250.

Altcoins like Solana (SOL), Optimism (OP), The Sandbox (SAND), Cardano (ADA), and Ether (ETH) made notable recoveries in the last 24 hours, data from CoinMarketCap showed. These numerous climbs brought a halt to the long week of widespread declines.

SOL changed hands at $91.14 as of this writing, indicating a 4.62% increase. OP’s price reclaimed $3, SAND jumped by 2.51% and reached $0.44. Details from the price tracking platform also showed that ETH’s value increased to $2,266, while ADA rose to $0.48.

The price rise could be attributed to Bitcoin’s (BTC) performance as the coin moved past $42,000.

Solana (SOL)

SOL pulled back as low as $79 on January 23 as bears were in control of the price action. But a move above $90 suggests that it could be done with its correction stage.

Furthermore, the Money Flow Index (MFI) had risen to 60.64, indicating a surge in buying …

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