Ethereum (ETH)Ethereum continues to command the largest NFT marketplace share by turnover. Reported
Ethereum (ETH)
Ethereum continues to command the largest NFT marketplace share by turnover. Reported sales near $56.57 million underline sustained demand from traders and creators. Moreover, on-chain engagement stayed firm across established marketplaces and infrastructure partners.
Source: Yahoofinance
Price action reflected strength yet showed cooling momentum intraday. ETH pushed above its 50-period average near 4,446 before giving back part of the run. MACD rolled toward zero while Aroon Up stayed stronger than Aroon Down.
Near-term structure remains well defined for traders. Holding the 4,455–4,465 shelf keeps the door open to 4,495–4,505 retests. However, a slip through 4,455 would flag a mean reversion toward the 50-period average.
BNB Chain ranked as a key challenger in daily NFT turnover. Collections sustained regular listings and stable secondary trading across ecosystem venues. Consequently, social engagement improved alongside rising on-chain activity.
Source: Yahoo Finance
The token stair-stepped higher and then ranged under session highs near 953–954. Price stayed well above the 50-period average around 929, while MACD compressed. Aroon Up remained above Aroon Down, which signaled trend control with buyers.
Levels present a straightforward plan. First support sits at 948–950, then 940–942 as the deeper guard. A decisive move and hold above 955 would likely extend toward 960–965.
Solana (SOL)
Solana kept its spot among the busiest NFT venues. Fast settlement and active mints supported stable marketplace flows through the session. Therefore, Solana continued to compete with BNB for second by turnover.
Source: Yahoofinance
SOL rode an intraday uptrend and held above its 50-period average near 234.5. Volume peaked near the days high and then eased into balance. MACD flattened around zero while Aroon Up stayed stronger than Aroon Down.
Key references frame the next move cleanly. Immediate support stands at 236–236.5, with the 50-period average backing the zone. Reclaiming 239–240 would set a test of 242–243, while losing 236 risks 234.5–235.
Market Takeaway
Ethereum still leads NFT sales while BNB and Solana compete for second place. Price structures across the three tokens remain constructive above their listed supports. Consequently, fresh volume and confirmed breakouts will decide whether momentum extends or reverts near term.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00