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Tag Archives: News

Solana (SOL) Price Analysis: Risk of Downside Break Below $30

Solana price started a fresh decline from the $32.00 resistance zone against the US Dollar. The price is now trading below $31 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $30.60 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $29.50 support zone. Solana price is trading below $32 against the US Dollar, similar to bitcoin. SOL...

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Bitcoin Price Analysis: BTC Could Rally If It Clears This Resistance

Bitcoin price started a fresh increase above the $19,000 zone against the US Dollar. The price is now trading above $19,100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,520 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $19,550 level. Bitcoin price is rising above $19,000 against the US Dollar. BTC might gain bullish...

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Bitcoin Traders Are Trying to Cope with Massive Losses

It seems that with the bitcoin and crypto markets doing so poorly as of late, crypto fanatics and traders are doing all they can to potentially make themselves feel better about the situation(s). Thus, the new narrative for bitcoin is not that it’s a hedge against inflation or that it’s digital gold. Rather, most crypto traders are telling themselves that “a bitcoin is a bitcoin.” Bitcoin Is What It Is What does that mean, exactly? Well, it seems to mean exactly what it...

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