Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces...
Solana has faced intense selling pressure over the past week as the broader crypto market reels from the impact of US President Donald Trump’s aggressive trade policies. Fears of a prolonged trade war and mounting macroeconomic tensions have triggered a wave of panic selling across risk assets, with Solana among the hardest hit. The altcoin has plunged over 60% from recent all-time highs, reflecting the brutal conditions gripping even the strongest large-cap tokens. Related Reading: Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway? Despite the carnage, there....
Related News
SOL price struggles as $30 support failed to hold, with many buyers sweating on their open SOL position. SOL price breaks below 50 and 200-day Exponential Moving Average; the price continues its range around the $30 mark. The price of SOL could restest $24-$16 if the price maintains a bearish structure. The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price....
SOL’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. SOL’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price down. SOL’s price remains strong on the daily timeframes as the price trades below the 50 Exponential Moving Average (EMA). The price of Solana (SOL) has yet to show some good price action to the upside as the price has continued to stall in its price movement as the crypto market....
IMX price could be ready for a short-term relief rally as price breaks out from the downtrend, creating more bullish sentiment for a recovery. IMX looks strong on both low and high timeframes. The price of IMX breaks out on the daily timeframe after forming a descending triangle. ImmutableX (IMX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $1.3. Previous weeks for the crypto space have been slow as most altcoins, and major cryptocurrencies like Bitcoin (BTC) continued to move in a range. With so much belief in Uptober, as many....
The Bitcoin 4-hour price chart is seeing a bullish divergence and a TD9 buy as hopes for a relief rally rise. The price of Bitcoin (BTC) has rebounded strongly from sub-$17,600 to $18,400 in the past 24 hours. Now, two major technical indicators are signaling the likelihood for a larger relief rally.The 4-hour price chart of Bitcoin is showing a bullish divergence just as it prints a TD9 buy signal. Both indicators typically light up when an asset sees a strong sell-off and the selling pressure gets exhausted.The Bitcoin sell-off might be losing steamThe 4-hour bullish divergence and TD9....
Tamadoge (TAMA) is a new and exciting play-to-earn meme coin that is predicted to grow 10-fold in price. SOL bullish streak invalidated Solana has reached the oversold zone Tamadoge meme coin dubbed as better alternative to SOL Solana (SOL) plummets as it loses the support of an ascending channel it is in and further invalidating its bullish thesis. The crypto market is experiencing a turbulence as Bitcoin lost support from a rising wedge pattern. Related Reading: Ethereum Plunges 21% In Last 7 Days, Drops Below $1,600 SOL Wading Oversold Waters According to CoinMarketCap, SOL is down by....