Tag Archives: Solana

Solana (SOL) Grinds Upward as Broader Market Stabilizes — Is a Breakout Brewing?

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Solana started a decent upward move above the $165 zone. SOL price is now consolidating and faces hurdles near the $172 zone. SOL price started a decent upward move above $162 and $165 against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There is a rising channel… Continue reading Solana (SOL) Grinds Upward as Broader Market Stabilizes — Is a Breakout Brewing?→

Solana (SOL) Turns Positive Amid Market Calm — Does the Trend Have Legs?

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Solana started a recovery wave above the $162 pivot zone. SOL price is now consolidating and faces hurdles near the $172 zone. SOL price started a decent upward move above $160 and $162 against the US Dollar. The price is now trading above $162 and the 100-hourly simple moving average. There was a break above… Continue reading Solana (SOL) Turns Positive Amid Market Calm — Does the Trend Have Legs?→

Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring

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US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana… Continue reading Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring→

Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead

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Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days.  The leading cryptocurrency has fallen below… Continue reading Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead→

Solana (SOL) Recovery Attempt Builds, But Volume Still Signals Caution

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Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There was a break above… Continue reading Solana (SOL) Recovery Attempt Builds, But Volume Still Signals Caution→

Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana

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Despite a slight recovery in cryptocurrency prices on Wednesday, experts remain divided on the future direction of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The market is at a crossroads, with some analysts anticipating a deeper correction, while others see the potential for a renewed recovery. iShares Bitcoin Trust ETF Hits 52-Week Low  According to… Continue reading Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana→

Altcoin Winter Here? Ethereum, Solana Activity Plunges

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On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new altcoins has been cooling off recently. The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name… Continue reading Altcoin Winter Here? Ethereum, Solana Activity Plunges→

Solana (SOL) Nosedives to $150, Can Bulls Prevent Further Collapse?

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Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There is a key bearish… Continue reading Solana (SOL) Nosedives to $150, Can Bulls Prevent Further Collapse?→

Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level

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Amid the market pullback, Solana (SOL) has hit a new local low after its price fell below a crucial support level for the first time in months. Some analysts have suggested that the altcoin is in a healthy retest of a key area, but others warned that the cryptocurrency risks another major correction if the… Continue reading Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level→

Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely

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Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165. SOL price started a fresh decline below $180 and $175 against the US Dollar. The price is now trading below $175 and the 100-hourly simple moving average. There is a key bearish… Continue reading Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely→