Solana Breaches Key $180 Level – What You Should Know
Solana (SOL) is presently priced around $186, after a rather turbulent display in the past week. While the leading altcoin notably showed a significantly volatile price action, bearish sentiments reigned supreme, resulting in a net 4.37% loss. Interestingly, popular expert Ali Martinez has highlighted a critical price level for Solana investors’ attention amid the current market uncertainty. Related Reading: Bitwise CIO Calls Solana An ‘Explosive’ Two-Way Bet: Here’s Why Bitwise Chief Investment Office To Fly Or Crash? Solana Future Rests On Key Price Point In a recent X post,....
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Solana price witnessed a strong bearish pull as major market coins also depreciated significantly on their charts. The altcoin fell by 6% over the last 24 hours. In the past week, Solana lost 14% of its market value. The bulls were trying to defend the coin at their nearest support level, however, the coin met with a sell-off over the past 24 hours. Over the last few days, Solana was trading sideways above its support level of $34. The recent depreciation on the chart caused SOL to fall below its immediate support level. If Solana price continues to move on the same price trajectory, a....
The Swift payment network breaches have been making media headlines for several weeks now. But it appears more than three banks may have been breached, as researchers are investigating 12 similar incidents. Although nothing has been confirmed yet, this news does not bode well for the financial ecosystem. A lot of people were concerned about Swift when it became clear more than one bank lost funds due to a breach. To make matters even worse, the scope of these attacks may be much broader than anticipated. FireEye researchers are investigating a dozen incidents involved computer breaches....
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....
Solana (SOL) recently experienced a price pullback after failing to break below the crucial $118 support level. This rebound indicates strong buying interest at this support level, preventing further declines and stabilizing the price. The $118 mark has proven to be a resilient support, with market participants closely watching Solana’s price action for signs of […]
Although Solana is often discussed in the same breath as Bitcoin and Ethereum, it hasn’t yet reached their level of mainstream investor interest or explosive price action. That said, a recent development could very well put Solana next in line for its institutional moment. ETF analyst Nate Geraci noted that a flurry of applications for […]