Category Archives: Solana

Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term

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Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook. Renowned crypto analyst Carl Runefelt recently shared his insights on X, highlighting a compelling technical setup for SOL. According… Continue reading Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term→

Solana Price Continues Downward Slide — Is A Rebound Possible At $180? 

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Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve’s rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month. While the price of SOL has continued its downward spiral in the past… Continue reading Solana Price Continues Downward Slide — Is A Rebound Possible At $180? →

Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts

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Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. according to data from CoinMarketCap.  This decline adds to the token’s steep price movement after it reached a new all-time high of $263.83 following the US Presidential elections in November. However, with the crypto bull… Continue reading Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts→

Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?

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Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve’s announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana’s price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts. While the market… Continue reading Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?→

Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels

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Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL’s price has been in a retrace, dampening the hype surrounding the cryptocurrency. The prolonged decline has left investors uncertain about the next move for Solana, with many questioning whether… Continue reading Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels→

Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why

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The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in… Continue reading Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why→

Solana Slips To $209: Rising Bearish Pressure Threatens Key Support

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Solana is navigating a critical juncture as its price edges toward the $209 mark under increasing bearish pressure. Recent market dynamics have tilted in favor of the bears, challenging SOL’s previous upward momentum. The $209 level now emerges as a crucial line of defense, with the bulls required to act swiftly to prevent deeper losses… Continue reading Solana Slips To $209: Rising Bearish Pressure Threatens Key Support→

Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details

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Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming… Continue reading Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details→

Solana Investors Stay Firm As Selling Pressure Eases – Details

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Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263.  However, this price surge has been followed by… Continue reading Solana Investors Stay Firm As Selling Pressure Eases – Details→

Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout

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Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226. Despite this recent dip, experts believe that a successful breach of the $235 resistance could signal a continuation of… Continue reading Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout→