Cryptocurrency News
In sync with the recent market fluctuations affecting major cryptocurrencies like Bitcoin and Ethereum, Solana experienced a dip in its value, initially hovering around the $77.75 zone. SOL faced a drop below key support levels at $75 and $70. Despite this downward trend, bullish activity emerged above the $65 support […]
In the aftermath of the recent downturn in the crypto market, altcoins are swiftly rebounding, displaying resilience that is particularly evident in the performance of #Solana. The standout surge beyond $71 sets Solana apart from its counterparts, marking a significant positive shift in sentiment. Nonetheless, market analysts suggest that a […]
This week saw Solana through a small increase after establishing new support above the monthly low. However, it encountered rejection as it failed to sustain recovery above a minor resistance – currently up by 2%. Sol’s bulls lost steam lately after marking a two-year high at $68 two weeks ago. […]
Most top altcoins have retraced briefly in the past few days due to a slight drop in the global market cap. Solana looks a bit strong today following a resurge from $51. The price is up 8% in the last 24 hours. Last week, Sol lost steam and corrected briefly […]
Solana, the cryptocurrency that caught institutional investors’ consideration this month with its noteworthy surge from $21 to $63, is currently under a magnifying glass as late price movements suggest an expected shift in market sentiment. While the recent spike raised Solana’s status in the crypto community, ongoing developments have provoked […]
Last week saw Sol through a crucial breakout after staying in an ascending channel for a year. It retraced briefly, bounced back and is now losing steam on a daily. However, the price is still up by 2% today. After testing the upper boundary of its channel last week, Solana […]
Solana’s price has increased by an astounding 80% in the last month. The large increase in value has sparked apprehension among the cryptocurrency community, mainly because of substantial withdrawals made by FTX exchange. The price of $SOL has increased by ~80% in the past month. And #FTX transferred 1.38M $SOL($56M) […]
Solana’s bullish trajectory remains intact on a mid-term, but it seems to have reached an exhaustion point as it tests its channel’s upper boundary today. A broader retracement is likely if the price keeps respecting this channel. Sol has been forming inside an ascending channel since the price dipped to […]
Amid this month’s meltdown, SOL saw a 15% drop and temporarily found support a few days ago. If this support holds firmly, it may resume mid-term bullish in the upcoming week. Buying volume is currently low. Solana is still following a bullish sentiment on the monthly outlook as it continues […]
Solana’s bearish trajectory is still intact from a short-term perspective. But it found support this month and bounced off to test a key resistance. It may resume mid-term bullish if the price breaks through this important resistance. SOL entered the third quarter of the year on positive actions, but the […]
Solana, the blockchain platform that has been making waves in the crypto world, has seen a remarkable surge in social activity recently, up by a staggering 29.3%. This heightened buzz can be attributed to several key factors that have captured the attention of the crypto community and beyond. Hyperdrive Hackathon […]
As Bitcoin regains momentum and surpasses the $30,000 mark, the entire cryptocurrency market is experiencing a renewed sense of confidence. This resurgence in Bitcoin’s value has brought about a ripple effect in the altcoin space, with several coins showing signs of life. Among the top three coins to watch as […]
Solana’s price continues to increase after making a short pullback a few days ago. It’s bullishly heading for a short-term resistance line, where the price is likely to break or make. The price is currently up 17% weekly. As few altcoins enjoyed volatility inflow due to Bitcoin’s indecisiveness for some […]