Solana (SOL) Over $150 — More Upside on The Horizon?
Solana started a fresh increase from the $140 support zone. SOL price is now consolidating and might climb further above the $154 resistance zone. SOL price started a fresh increase above the $142 and $145 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $149 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $154 resistance zone. Solana Price Consolidates Gains Solana price formed a base above....
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On Thursday, 3iQ Digital Asset Management announced the filing of a preliminary prospectus for The Solana Fund (QSOL) with securities regulatory authorities across Canada, excluding Quebec. If approved, QSOL will become the first Solana (SOL) exchange-traded product (ETP) listed in North America, trading on the Toronto Stock Exchange (TSX) under the ticker “QSOL”. First Solana […]
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $185 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $205 zone. Solana Price Eyes Upside Break Solana price formed a support base and started a....
DigiFinex, a global cryptocurrency exchange, is adding Horizon Protocol’s token HZN to its ever-increasing list of tradeable altcoins. This news comes a few days after Horizon Protocol announced the upcoming launch of their Horizon Genesis project on BSC. The project will provide Horizon Protocol’s community with better ways of managing their synthetic assets on the […]
What is Horizon Genesis? Horizon Genesis is a revolutionary new system that provides backing for Horizon Protocol and its assets. The HZN system offers the perfect solution because it extends mainstream DeFi into creating on-chain synthetic assets instead of just providing liquidity in existing ones like many other platforms do. This allows you to take […]
Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The analyst noted that this is a pivotal support level that has previously proven strong. However, he warned that it....