Bitcoin (BTC), while the cryptocurrency market continues to sell, hit the bottom of 2022 with $32,813.31 on May 9th. Solana, Terra and 2 altcoins may have hit bottoms in the current market crash, according to analyst Sahana Vibhute.
Amid the crypto crash, these 4 altcoins may have hit bottoms
Solana (SOL)
Solana (SOL) price dropped below a critical support level of $77.50. Now the bears are pulling the SOL price towards the $65.45 support. However, a small upside bounce could be seen in the company of fresh buyers just below $70. According to the analyst, this scenario could push the SOL price back to $77.5. Therefore, the gradual rise below $100 is expected to result in a parabolic recovery to $100 again. The technical view is as follows.
![](https://www.technopixel.org/wp-content/uploads/2022/05/this-week-4-altcoins-to-bottom-fishing-have-been-announced-0-M3dHCn4I.jpg)
Terra (LUNA)
Terra (LUNA) has been testing a critical support line since May 2021, as seen in the chart below. If the price breaches this support line, the bears’ next target will be $50 and lower, extending to the 0.6 FIB levels. Specifically, a drop to $48.67 could be seen. At the same time, this region is expected to attract new buyers. A possible upside reaction from the region would suggest the price regain momentum above the trendline and make a quick rally to around $75. The following technical chart can be followed for the coming days.
![](https://www.technopixel.org/wp-content/uploads/2022/05/this-week-4-altcoins-to-bottom-fishing-have-been-announced-1-FiczfHXF.jpg)
Algorand (ALGO)
As we have mentioned in the news of Kriptokoin.com, the price of Algorand (ALGO) seems to be caught in a fall trap and it has reached the levels of March 2021. Additional decreases are expected from the region. After the $1 zone is rejected, the bulls are struggling to recover the price from lower levels but the door to $0.5 may be open after finally breaking $0.67. At this stage, he thinks ALGO price could retake $1 if the bulls can reach the top of the falling wedge.
![](https://www.technopixel.org/wp-content/uploads/2022/05/this-week-4-altcoins-to-bottom-fishing-have-been-announced-2-JFE8b2W6.jpg)
dydX (DyDX)
dYdX price is slightly higher than other altcoins as it could spark a recovery long before popular altcoin projects. The price after reaching the top of the consolidation broke out of the descending consolidation but is finally currently being retested. Therefore, a retest could pull the price towards the low support near $3 and ignite a reversal that could aim higher towards the 2-digits in the coming days.
![](https://www.technopixel.org/wp-content/uploads/2022/05/this-week-4-altcoins-to-bottom-fishing-have-been-announced-3-YVzKtMpj.jpg)