"Altcoin Surge: Solana Tests Support, Berachain Eyes $15, Shadow Soars 34%"

In the cryptocurrency market, February 24th has been a challenging day, with major cryptocurrencies trading in the red. However, some altcoins have stood out, attracting significant attention from investors. Let's take a closer look at three of the most searched digital assets in the last 24 hours: Solana (SOL), Berachain (BERA), and Shadow (SHADOW).

Solana (SOL) has been one of the few coins trading alongside some of the biggest names in the crypto market. Currently priced at around $154, SOL is below its one-year average price. On February 24th, SOL reached a year-to-date low and experienced a 10% drop in the last 24 hours. This decline pushed SOL's price below the long-term ascending parallel channel, a critical level that has been in place since June 2023. However, SOL is breaking the pattern of the upward slope, indicating rising selling pressure. If SOL fails to rebound and fall back into the channel, it could potentially drop below $136.6.

Berachain (BERA) is another altcoin that has gained popularity today. At the time of writing, BERA was trading at $7.1, up 13.85% in the last 24 hours. This sudden jump can be attributed to a gradual uptick in price, as seen in its hourly candlestick chart. While experts are cautious about BERA's future, some predict that if it crosses the resistance of $8.6, it could rally towards $15.5.

Shadow (SHADOW) has been the standout performer among altcoins, surging by 34% in the last 24 hours. Currently trading at $160, SHADOW is poised to gain further momentum. Its hourly chart shows a bullish outlook, with cumulative buying and selling activity indicating a perpetual rise in price with each new buy. If this trend continues and the resistance of $162 breaks, SHADOW could potentially reach $210.

Crypto Rover, a leading cryptocurrency analysis platform, attributes the sudden boom in altcoins to parabolic effects. This suggests that the value of altcoins could significantly increase as main coins become less accessible to new traders. As a result, traders