Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Hayes Predicts Crypto Boom: Key Insights for XRP, SOL, and More
The post Hayes Predicts Crypto Boom: Key Insights for XRP, SOL, and More appeared first on Coinpedia Fintech News If you’re a crypto market participant, you need to immediately start keeping a closer eye on Ripple (XRP), Solana (SOL), Minotaurus (MTAUR), Toncoin (TON), and Aptos (APT). With predictions of a significant rally and Arthur Hayes’ recent bullish insights, these altcoins seem poised for a potential surge as Bitcoin (BTC) leads the market. This text will be very useful for those…
10 months ago
Will SOL Crash? Solana Price Prediction for August 13
The post Will SOL Crash? Solana Price Prediction for August 13 appeared first on Coinpedia Fintech News Solana (SOL), the world’s fifth-biggest cryptocurrency along with other top assets has been experiencing continuous selling pressure following the formation of a bearish price action pattern in its 4-hour time frame. This bearish pattern was also shared by a prominent analyst on X (previously Twitter) on August 13, 2024. Will SOL Crash? According to the post on post on X, Solana has formed…
10 months ago
Solana (SOL) & Ethereum (ETH) Investors Flock to This New Crypto—Could It Be the Next Big Thing?
Solana (SOL) has recently rebounded from a significant drop, with its price increasing by 10% in less than 48 hours and sparking interest in its potential to exceed $160. The ongoing recovery is partly attributed to new "token extensions" on the Solana network and the development of Firedancer, a validator client aimed at enhancing transaction capabilities. Amidst this development, Pawfury (PAW) is emerging as a presale project that's capturing the attention of savvy investors. With its promise of high returns…
10 months ago
SOL Price May Drop to $122 if This Trade Plays Out Well—Will Solana Bulls Gear Up Now?
The post SOL Price May Drop to $122 if This Trade Plays Out Well—Will Solana Bulls Gear Up Now? appeared first on Coinpedia Fintech News Solana is among the tokens that have been closely monitored in recent times. Although the token has demonstrated massive price movements, the current trade setup suggests the price is close to beginning a fresh bearish trend. The token has remained stuck within a range for a prolonged period, which suggests the bulls are failing to…
10 months ago
Crypto Price Analysis 8-12 BTC, ETH, SOL, DOT, XRP, TON, WIF
Bitcoin (BTC) slipped below $60,000 on Sunday, going below even the $59,000 price level as markets tumbled over the weekend. BTC hit an intra-day high of $61,970 before turning bearish and falling to a low of $58,395. The BTC price chart shows that the 50-day SMA has dipped below the 200-day SMA. Buyers have also been struggling to build upon BTC’s sharp recovery on August 8, unable to get beyond $62,000, indicating sellers are highly active at upper levels. Sunday’s…
10 months ago
Solana Bears Get Activated: Aim to Drag the SOL Price Below $137—Here’s What’s Next!
The post Solana Bears Get Activated: Aim to Drag the SOL Price Below $137—Here’s What’s Next! appeared first on Coinpedia Fintech News After the recent upswing, the Solana price was speculated to rise high and reach levels above $170. Although the volume remained within a restricted range, the bulls held a large dominance and strength, which elevated the levels beyond $160. However, the latest bearish action has altered the bullish trade setup, as the bears intend to drag the levels…
10 months ago
Solana Price (SOL) Slips to $140: Will This Level Support a Rebound?
Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a break below a rising channel with support at $154 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start…
10 months ago
Solana Epic Bull Run Is Just Starting – 10 Catalysts That Could Drive SOL To $1,000
In a major turnaround, Solana (SOL) has managed to bounce from a 6-month low of $109 to consolidate above the $150 mark in the past 24 hours, solidifying its status as one of the best performers in the market year-to-date. The recent market rally has breathed new life into Solana, but according to crypto analyst Miles Deutscher, this is just the beginning. In a detailed social media post, Deutscher revealed 10 reasons why he believes SOL is poised for a…
10 months ago
$55 Million of Solana (SOL) Moved to Exchanges, What’s Happening?
The post $55 Million of Solana (SOL) Moved to Exchanges, What’s Happening? appeared first on Coinpedia Fintech News The current market sentiment is quite neutral, with most cryptocurrencies at their crucial level. Amid this stability, Solana (SOL) whales have moved notable of tokens to centralized exchanges including Binance and Coinbase, in the last 24 hours. $55 million SOL moves to exchanges On August 10, 2024, the blockchain-based transaction tracker Whale Alert made a post on X (previously Twitter) stating that…
10 months ago