Solana (SOL) Nosedives to $150, Can Bulls Prevent Further Collapse?
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…
Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level
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…
Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely
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…
Solana (SOL) Nosedives — Sellers Tighten Grip, Recovery Attempts Fail
Solana started a fresh decline from the $188 zone. SOL price is now consolidating losses below $180 and might decline further below $175. SOL price started a fresh decline below $185 and $180 against the US Dollar. The price is now trading below $182 and the 100-hourly simple moving average. There is a key bearish…
XRP And Solana Set New $3 Billion All-Time High As Interest Explodes
The open interest in XRP and Solana (SOL) futures and options has reached a record $3 billion on the Chicago Mercantile Exchange (CME). According to the CME data, this remarkable milestone was reached during Monday’s session, which saw both XRP and Solana reach their highest level of participation. Both cryptocurrencies have gained traction among institutional…
Solana (SOL) Drops Toward Support — Bulls Eye Potential Recovery Base
Solana failed to stay above $198 and corrected gains. SOL price is now trading below $195 and might find bids near the $188 zone. SOL price started a downside correction below $198 against the US Dollar. The price is now trading below $195 and the 100-hourly simple moving average. There is a declining channel forming…
Solana’s DeFi Stack Expands With SolsticeFi’s Risk-Controlled Yield Platform — Here’s How
The Solana decentralized finance (DeFi) ecosystem just gained another powerful addition with the launch of SolsticeFi. This innovative new platform is poised to introduce a much-needed layer of risk-controlled yield generation, directly addressing one of the primary concerns for users venturing into the safety of their deposited capital. SolsticeFi is reimagining how investors earn on…
Solana Eyes $210 Before Its Next Major Move—Uptrend Or Fakeout Ahead?
An analyst has explained how Solana could decide its next big move after rising to $210, the resistance level of a Parallel Channel. Solana Has Been Trading Inside A Parallel Channel Recently In a new Parallel Channel, which forms whenever an asset’s price trades between two parallel trendlines. The upper line of the channel is…
Solana (SOL) Weakens Again — Break Below $200 Opens Door For Further Decline
Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192. SOL price started a downside correction below $200 against the US Dollar. The price is now trading below $198 and the 100-hourly simple moving average. There was a break below…
Solana (SOL) Strengthens — Gradual Gains Indicate Renewed Demand From Buyers
Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $200 and might aim for more gains above the $208 zone. SOL price started a fresh upward move above the $188 and $195 levels against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving…