SOL

The post Solana Price Stuck Within a Bearish Trend, While the SOL Price May Not Plunge Below $100! appeared first on Coinpedia Fintech News A fresh bearish case has stuck in the crypto markets, which has slashed the Solana price below $135, losing over 15% since the last trading day. While the market participants look out for an extended descending trend that could drag the price below $100, the trade set-up suggests the bulls have captivated the key support levels.…

Panic is pervading the crypto market. Bitcoin is on the verge of plummeting down to $51,000, and the altcoins are approaching that ‘blood on the streets’ moment. Both $SOL and $RNDR are strong fundamentals altcoins that can recover quickly. Where is a good level to buy? Deciding on best entry points The best time to get into assets with strong fundamentals and good potential use cases is when everyone else is selling and getting out of the market. With Bitcoin…

Bitcoin (BTC) has seen a sharp drop during the week, with selling pressure continuing to mount. The cryptocurrency is struggling to trade above $60,000 and is down by over 2% during the ongoing session. Additionally, the gains made by altcoins are also beginning to turn red as the crypto market sees a significant slide. Is this a correction, or are we seeing the bull market ending? Bitcoin (BTC) Dives Below $60,000 Bitcoin (BTC) fell to a low of $59,317 on…

Solana started a fresh decline from the $155 resistance. SOL price is down over 10%, but the bulls are now protecting the $132 support. SOL price started a strong decline from the $155 resistance against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There was a break below a connecting bullish trend line with support at $150 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could…

Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday. Many were buoyed by Bitcoin’s recent price movements and expected the recent price rise to signal the end of the asset’s recent correction, with the price set to reach new highs. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has started the current session firmly in the red after ending Tuesday just above the $62,000 mark, as sellers made a strong…

Bluntz suggests Solana-based memecoin WIF may have reached a new bottom following a substantial correction from its peak at $4.83. Based on Elliott Wave’s theory, his analysis indicates a potential trend reversal and a possible rally above $3. Another memecoin on the radar is Fetch.ai, as the commencement of the Artificial SuperIntelligence Alliance (ASI) merger involves Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). Renowned for accurate altcoin predictions, pseudonymous analyst Bluntz recently alerted his 263,800 followers on X about…

Despite bearish predictions, Bitcoin (BTC) has crossed $63,000, rebounding after hitting its support level of $60,000 on Friday, with buyers entering the market and pushing the price higher.  In the short term, analysts expect Bitcoin to stay between $60,000 and $64,000, with the potential to break out of this range after a couple of weeks.  A Tussle Between The Bulls And The Bears  Last week, Bitcoin dropped slightly below its support level of $60,000. However, lower levels attracted a large…

The post Solana ETF Might 10x the Price of SOL, Smart Money Double Down on Altcoin Season appeared first on Coinpedia Fintech News The recent filing by VanEck, a prominent New York-based investment management firm, for a Solana exchange-traded fund (ETF) has sparked a surge in Solana’s price. As investors seek to diversify their portfolios, they are turning their attention to altcoins that have the potential to achieve success akin to Solana.  One such altcoin that has shown promising signs…

Solana has been showing a breakout over the last few days, but data shows crowd FOMO is rising, which could be a bad sign for the rally. Solana Social Volume Has Shot Up Alongside The Rally According to data from the on-chain analytics firm Santiment, the SOL social volume has observed a sharp increase following the recent recovery of cryptocurrency. The “Social Volume” here refers to an indicator that keeps track of the degree of discussion that any given asset…