SOL

The post Solana (Sol) Price Poised For A Massive Surge To $600, Veteran Crypto Investor Hints appeared first on Coinpedia Fintech News Solana has been making strong moves on the market recently as the price recovery keeps on sticking. With the recent price surge to $141.7, Solana seems to be making strong resistance at this price.  Meanwhile, a well-known crypto investor Crypto Jelle expresses bullish sentiments about Solana (SOL), drawing parallels between its current market behavior and its performance in…

Bitcoin (BTC) has bounced back after falling to a day low of $53,591 on Friday and is moving towards $60,000. However, analysts have warned that markets will remain volatile for the foreseeable future.  Analysts have predicted that markets will have to absorb between $4 billion and $7 billion worth of BTC selling pressure in the middle of the year, which will weigh on prices as the year progresses.  Markets Recover, But Is Rally Short-Lived? The cryptocurrency market has rebounded, with…

Despite the strong downward selling pressure on Bitcoin (BTC) which is currently taking place, there are a few altcoins that have been moving up over the last few days. Both $SOL and $INJ are two of the more fundamentally sound altcoins that are approaching breakouts. Will these breakouts occur, and what are the upside targets? $SOL breakout or rejection? Source: TradingView $SOL has been rising steadily over the last 5 days to record a 17% gain from the bottom of…

Bitcoin faced intense selling pressure and volatility on Monday, dropping to a low of $54,337 and reaching a high of $58,284 before settling at $56,764. The price has recovered over the past couple of sessions and is currently trading above $57,000. Bitcoin’s recent performance has seen the cryptocurrency shed over 17% during the past month. Bitcoin (BTC) Back Above $57,000 Bitcoin (BTC) bulls managed to keep the price above $55,500, even though the cryptocurrency fell to day lows of $53,591…

Solana started a recovery wave from the $128 zone. SOL price is up over 6% and the bulls seem to be aiming to reclaim the $150 level. SOL price started a decent upward move above the $132 resistance against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from…

Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.  The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels.  A Market In Panic  Bitcoin (BTC) has dropped to levels not…

The post FTX $16B Distribution Plan Could Lead To Buying Pressure For BTC, SOL appeared first on Coinpedia Fintech News In a significant development, FTX is preparing to distribute a staggering $16 billion in cash to its customers, which could lead to significant gains for Bitcoin and Solana prices. Crypto researcher Xremlin has predicted that a considerable portion of this cash will flow back into the crypto market, serving as a catalyst for growth towards the end of the year.…

Amidst the carnage of the current cryptocurrency market crash, Solana ($SOL) is holding up well, especially against its $BTC and $ETH pairings. Is this a sign of things to come for Solana? With $BTC down around 4.3% so far on Friday, and with the entire crypto investment space probably wondering just how much further it might fall, $SOL is holding up extremely well in comparison. A lot of the altcoins are doing a lot worse than $BTC, so this makes…

The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000. The cryptocurrency is currently trading at $53,937, with bears driving it even lower. Other major cryptocurrencies, such as Ethereum (ETH), Solana (SOL), and Toncoin (TON), have mirrored Bitcoin’s slump and registered significant drops as well. Crypto markets Slump As Correction Takes Hold The cryptocurrency market has seen a significant drop over the past…