Monday, 11 May 2026

Altcoin Surge: Major Technical Analysis, Targets, Key Levels

Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, is back with an urgent update for crypto traders! In this video, Gareth follows up on his recent prediction that altcoins were about to "rip," analyzing which ones have already exploded and which still have major upside before a potential top. He takes a technical dive into key Bitcoin (BTC) and Ethereum (ETH) resistance levels, while detailing the breakout setups and profit targets for altcoins like Solana (SOL), XRP, SUI, and Chainlink (LINK). Video by Gareth Soloway.

Soloway provides critical chart analysis, revealing exactly what technical indicators and "underbelly" retest levels will signal whether the crypto market is heading to new highs or facing a massive momentum-driven panic. He also discusses when he flips from neutral to bullish on ETH and XRP, and reveals his recent exit strategy for a 22% profit. If you are trading crypto, you cannot afford to miss this technical analysis.

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News & Insights

-Geopolitical Impact: Traders are closely watching a potential Middle East peace deal. President Trump recently rejected an "unacceptable" proposal from Iran, causing brief price "whipsaws" as markets react to shifting diplomatic signals.

-Institutional Strength: Spot Bitcoin ETFs continue to see significant support, with cumulative inflows reaching $58.5 billion. BlackRock's IBIT alone now holds roughly 812,000 BTC.

-Whale Activity: A dormant "whale" wallet from 2013 moved 500 BTC ($40M) yesterday. Analysts suggest the move was likely an OTC transfer rather than an exchange dump due to the low transaction fee and non-exchange destination address.

-Macro Correlation: Bitcoin is showing a strong positive correlation with the Nasdaq, which also hit record highs today following strong semiconductor earnings

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