Solana is struggling below the $23 resistance against the US Dollar. SOL price could decline again if there is a clear move below the $20 support. SOL price is showing bearish signs below the $23 barrier against the US Dollar. The price is now trading below $22.50 and the 100 simple moving average (4 hours).…
The price of Solana is facing an extremely important trend decision in the 1-day chart. Will the uptrend continue or will it be invalidated? The latter could threaten a drop to the psychologically important $20 level. A look at the 1-day chart shows that SOL failed in several attempts at the 200-day Exponential Moving Average…
Many investors are unsure what will happen to the Solana (SOL) price going forward after its recent 7 days decline of 13%. Will SOL make a strong comeback? Solana has emerged as one of the most popular blockchains in the cryptocurrency industry due to its fast transactions and expanding ecosystem. However, it had a rough…
Solana is facing its share of the bearish sentiment in the cryptocurrency market today. SOL has held above $20 since it jumped from $18 to $24 on January 14. However, the coin has seen a drop of 12.54% in price in the last seven days. Now, investors wonder if there are any signs of recovery.…
Amid the ubiquitous rally in the crypto market, multiple crypto assets including MATIC have climbed higher highs, thriving to reach their peak and beyond. While the catalyst behind the rally might be unclear, Polygon’s (MATIC) bullish trend could be a part of its upcoming zkEVM Network update. As the launch draws near, investors have continued…
Solana is surging above $20 against the US Dollar. SOL price could extend its rally above the $26 and $30 resistance levels in the near term. Sol price started a fresh increase above the $20 and $22 levels against the US Dollar. The price is now trading above $22 and the 100 simple moving average…
For traders thinking Solana is controlled by the bears, a popular crypto market analyst, Chris Burniske, is giving a fresh perspective of hope for the major altcoin. According to the former lead of Ark Invest’s crypto department, those who think that SOL is generally bedridden in a bearish mood are mistaken. SOL Sets To…
Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors. Here’s a quick glance at SOL performance of late: SOL metrics and trustworthiness score…
In recent times, the Solana price has witnessed a considerable upward push, which made the coin breach important resistance levels. Over the last 24 hours, SOL has rallied close to 20%, and in a week’s time, the altcoin has appreciated close to 40%. As Bitcoin’s price has remained above $20,000, most altcoins have shown positive…