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Tag Archives: solana

Solana (SOL) Price Analysis: Rally Takes Breather At $200

Solana price started a downside correction from the $210 zone against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $170 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $170 and $160 support levels to start another increase. Solana price is correcting gains below $180 against the US Dollar, like Bitcoin. SOL is...

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Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days

TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sector’s notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to make substantial profits. Lookonchain revealed the case of one such trader who...

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Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...

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Solana (SOL) Price Analysis: Rally Could Extend To $170

Solana price started a strong increase above the $130 resistance against the US Dollar. The price is now trading above $140 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $145 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $155 and $162 to continue higher in the near term. Solana price is trading in a positive zone above $140 against the US Dollar, like Bitcoin....

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