Solana jumps past key selloff junction: SOL price eyes $150 in April
SOL price enters overbought territory but history shows that bulls are not scared of Solana's excessive valuations. Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April.Solana flips key resistance to supportTo recap, SOL's price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history. For instance, the SOL/USD pair dropped by 60% two months after retracing from the said resistance level in....
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Market participants sit back as BTC price action focuses on levels just $300 below last week's close. Bitcoin (BTC) bulls had everything to play for on April 3 as the first weekly close of the month looked set to be above the all-important $46,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnything could happen in final hours of SundayData from Cointelegraph Markets Pro and TradingView painted an interesting picture Sunday, as commentators waited for some classic end-of-week volatility.BTC/USD had delivered few surprises over the weekend, with an overnight dip to near....
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial Conduct Authority’s (FCA) warning against Binance operating in the UK has caused a lot of issues for the company. On Monday, the global payments solutions provider Clear Junction revealed it was no longer....
Bitcoin has been forced to make a retest of the $27,000 level in the past day as the miners have participated in a large selloff. Bitcoin Miners Have Sold 20,000 BTC In Past Week According to data from the market intelligence platform IntoTheBlock, BTC miners have done some significant selling during the last week. The […]
On September 7th, 2021, the crypto market experienced a flash crash that struck down the prices of Bitcoin, Ethereum and major altcoins. Only Solana (SOL) was impervious to the selloff with a 10% profit on the day. In the past month, Solana’s impressive journey to reach the top 10 cryptocurrencies by market cap has been […]
Solana Price shot up by 8% over the last 24 hours, painting a bullish chart. Over the past week, the altcoin soared almost 17%. This made Solana one of the top gainers in the past week. Solana has been able to break past its $33 mark and has turned bullish on its chart. It also formed a bullish pattern, thereby giving hope to traders. Solana might encounter rigid resistance at the $41 price zone. Many altcoins have managed to flash signs of optimism as Bitcoin started to trot up on its chart. The technical outlook pointed toward the bulls taking over as demand for Solana shot up. Traders....