Solana (SOL) Spikes Higher – Bulls Tighten Grip As Market Heats Up Again

Dogecoin has leapt a massive 8% today disrespecting the resistance level of 50 to be trading at 50.8 satoshis. I have been maintaining in earlier analyses that a major move was expected in Dogecoin as the week comes to a close. The bears have given away the slight advantage that they had over the bulls and the onus is now completely on bulls to tighten their grip. Taking a technical look at the 240-minute Dogecoin/BTC price chart above reveals that the upmove has been backed by strength and that maintaining this bullish momentum will be the key to see a further rise in the market cap of....

Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165. SOL price started a fresh decline below $180 and $175 against the US Dollar. The price is now trading below $175 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $165 or $162. Solana Price Dips Further Solana price failed to remain stable above $185 and started a fresh....

Solana started a fresh decline from the $188 zone. SOL price is now consolidating losses below $180 and might decline further below $175. SOL price started a fresh decline below $185 and $180 against the US Dollar. The price is now trading below $182 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $192 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $175 or $172. Solana Price Dips Again Solana price extended gains above $180 and $182, like Bitcoin and....

In the last few days, Solana has experienced a steady upward trend, drawing dangerously close to the $230 price mark as activity on the blockchain heats up. With Solana gaining serious ground and on-chain activity rising rapidly, Mike Novogratz has endorsed the blockchain, claiming that its design sets it apart for financial market dominance. Solana […]

Solana price action indicates that bulls are attempting to regain the market. SOL prices begin the daily trading chart in a horizontal trend. As the market encounters resistance at the $100.5 level, solana prices are trading close to $100. Bulls will attempt to drive prices higher in order to reclaim the $101 level. If prices can be pushed below $99.5, the bears will be able to take control of the market. In the previous 12 hours, Solana prices have fluctuated between $97.10 and $100.54, with the cryptocurrency gaining 0.11%. Solana Recovers Above $100 As the cryptocurrency trades near to....