Tag Archives: Solana (SOL) Price

This week, we take a closer look at Ethereum, Binance Coin, Cardano, Solana, and Luna Ethereum (ETH) Throughout the past seven days, we saw a crash in the crypto market and ETH was no exception, falling over 14.6% in the period. After a brief attempt earlier this week to push towards $4,000, the price quickly turned on Wednesday, breaking below the $3,600 support, which is now a resistance. The downtrend did not fade today and continued with ETH falling under $3,300. At the...

This week, we take a closer look at Ethereum, Cardano, Ripple, Solana, and Luna. Ethereum (ETH) On Tuesday, Ethereum fell below $4,000 (level acting as resistance right now) after it could not sustain its rally from the previous week. The price made a lower low and closed the past seven days in red with an 8% loss. The current price action has formed a large descending wedge (in blue) which is a bullish formation as long as the price can manage to break above it after the...

SOL is heading towards the $200 key resistance level. A successful breakout, and retest as support, might likely lead the Solana native cryptocurrency for another shot for its next major resistance level around the ATH. Key Support levels: $187 Key Resistance level: $200, $205 SOL has found a solid horizontal support line amid the $187 level and is currently eyeing the $200 key resistance level. On the other hand, the SOL price had formed an ascending wedge which is a...

This week, we take a closer look at Ethereum, Ripple, Solana, Luna, and Avalanche. Ethereum (ETH) Ethereum has reclaimed the $4,000 level and appears ready to move higher towards the next key resistance at $4,400. The battle for the $4,000 level was intense, and it took almost a week until the buyer side prevailed. The price dropped to the former support at $3,700 several times, and the outlook on Monday was grim. But this quickly changed as the market turned back up. As...

Key Support levels: $166, $146 Key Resistance level: $187 SOL completed a bearish MACD cross on the weekly timeframe after the all-time high and this downtrend only intensified since. SOL has to keep its price above the key support at $166 if there is any hope to stop the current decline. If it fails, the price might fall lower in search of new support. The current resistance is at $187, where SOL was sharply rejected. Chart by TradingViewTechnical Indicators Trading Volume:...

Key Support levels: $166 Key Resistance level: $187 When we last visited SOL, the price was barely holding above the $187 support level. Since then, SOL broke below this crucial level which has now turned into resistance. The support is now found at $166 and appears to hold. However, the bears have been very aggressive, and a stop in the downtrend still appears unlikely in the near term. Chart by TradingViewTechnical Indicators Trading Volume: Decreasing volume on this last...

Step aside, Brave, Opera Browser wants to become the king of Web 3 browsers. In an official blog post on Friday, December 10, Opera announced a partnership with Solana Labs to add native support for the popular blockchain, allowing it to run a native Solana wallet along with all the dApps in the ecosystem. Solana Goes To The Opera The Opera team said on Twitter that the integration was expected to be ready by Q1 2022. By then, users should be able to enjoy all the benefits of...

Key Support levels: $187, $170 Key Resistance level: $204 SOL managed to find good support on the $187 level, which may provide some hope when it comes to halting the downtrend. The current resistance sits at $204, and it may take longer for SOL to attempt to breach above it. Ever since the cryptocurrency made the all-time high at $260, the price has charted lower lows and lower highs, putting SOL in a clear downtrend. Until this is reversed, the bears remain in control....

Key Support levels: $190 Key Resistance level: $213, $236 SOL has corrected around 30% from its all-time high at $259 and has found good support at the $190 level. While the latest drop in price made a lower low on the chart, the RSI has made a higher low. This is a bullish divergence and may indicate that the correction is coming to an end soon. To confirm this, SOL’s price has to pass two key resistance levels found at $213 and $236. Chart by TradingView.Technical...

This week, the market correction continued with most cryptocurrencies suffering significant losses, particularly today when Bitcoin dropped 10% in 12 hours, and altcoins charted double-digit losses. In what follows, we take a look at Ethereum, Binance Coin, Solana, Avalanche, and CryptoCom’s CRO. Ethereum (ETH) Ethereum had a nice rally this past few days and gave hope of a major breakout. However, today’s price action has re-set ETH back to $4,000 ending the past seven days...