First Dogecoin, Now Solana: What's Driving The 10%+ Altcoin Rallies In The Past Weeks?

benzinga_article
2026.05.11 12:26
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Altcoins, including Dogecoin and Solana, are experiencing rallies of over 10% after a period of underperformance. Traders are debating whether this indicates a new bullish trend or a temporary rally in a bear market. Expert trader DonAlt noted improved technical setups for major altcoins as Bitcoin remains steady above key support levels, with significant resistance breakthroughs marking a shift in market dynamics. Key near-term support is at $78,000, with broader support at $72,000.