Solana Holds Key Support To Avoid Drowning, How Long Can This Last?
The price of Solana (SOL) has been volatile against tether (USDT), causing more pain for hodlers. Despite showing such strength, the price of Solana (SOL) has risen from $30 in recent weeks to around $45, as many investors hoped for more relief rallies to around $60. Solana (SOL) prices were rejected and have continued to fall with no significant bounce. (Data from Binance) Related Reading: Solana Price Trades Laterally, What Could Be The Next Level? Solana (SOL) Price Analysis On The Weekly Chart SOL’s price dropped from $250 to around $30, representing a drop of more than 70% from....
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Solana SOL trades below $35 against Tether (USDT) after flipping its support into resistance in recent weeks. The price of BTC failed to sustain its bullish structure as it breaks below key zones, this breakdown in prices affected other altcoins like Solana leaving investors confused as to where the market is headed. Related Reading: Ethereum Slides To $1,500 As Hype Around Merge Dies Down Solana (SOL) Price Analysis On The Weekly Chart From the chart, the price of SOL saw a weekly low of $31, which bounced from that area and rallied to a price of $44 after showing great recovery signs in....
Since reaching an all-time high of $259.90 on November 6, Solana has been declining. It has been following a declining resistance line throughout the decline, which was most recently validated on March 2. Solana Bulls May Push Price Above $100 So far, the price has dropped to $75.35 on February 2. The subsequent bounce confirmed the $73 area as support. This is a horizontal support area as well as the 0.786 Fib retracement support level. SOL is currently trading at a 66% decrease from its all-time high. Solana’s price is on the verge of completing one of the most significant....
The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future.
Opensea Confirms Solana Support After a Myriad of Rumors and Speculation
Opensea has confirmed it will be adding Solana (SOL) support in April, according to a teaser video the company tweeted out on March 29. Opensea is the largest NFT marketplace in terms of all-time sales with $23.5 billion sold to date. The $23.5 billion was between 1,417,562 traders and the average NFT sale....
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet within the app. This feature is expected to roll out during the first half of 2022.
Brave Partners With Solana to Offer Dapp Support
Brave, the company in charge of the development of the Brave browser, a leading privacy-first web browser, has....
Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term. SOL price started a fresh decline after it struggled near the $185 zone against the US Dollar. The price is now trading below $172 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $172 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a decent upward movement if it stays above the $165 and $162 support levels. Solana Price Holds Support Solana price....