Solana (SOL/USD) could maintain bullishness if this happens
Solana token has added nearly 50% of value in a week The gains come amid the BONK token launch SOL has overcome a resistance and eyes higher level if it closes above key zone For the first time since the crash orchestrated by the FTX, Solana (SOL/USD) has recovered above the 50-day moving average. That […]
Solana (SOL/USD) struggles again as price slips below 20-day MA
SOL trades at $12 with weak momentum The cryptocurrency is weighed by weak market fundamentals SOL could consolidate further before pushing higher or lower Solana (SOL/USD) trades with dwindling volumes at $12. For another time, the cryptocurrency faces bear pressure at the now-developed support zone. Bulls have successfully defended the level in the past, and […]
Solana (SOL/USD) price movement should worry buyers
Solana token has been consolidating for a month The FTX crash has been a blow to SOL’s price and recovery SOL trades with lower volumes, and a potential drop could occur Solana (SOL/USD) trades at $13. The cryptocurrency has held to this key level for a month now. The level was reached after a sharp […]
Is Solana (SOL/USD) consolidation a wait for takeoff or a further slide?
Solana token fell the most in November Social metrics are negative for the cryptocurrency SOL has been consolidating for weeks and faces further downside Solana (SOL/USD) was one of the worst-performing cryptocurrencies in November. The cryptocurrency came from a high of $38 on November 5 but now trades at just$13.55. The losses came in the wake […]
Solana SOL/USD nears a single-digit price. Here is the price action and what you need to know
Anyone would have thought Solana SOL/USD would trade at a double-digit price, let alone a single-digit one? Unfortunately, that is the reality for the lovers of the once promising cryptocurrency labelled the Ethereum killer. Having hit a high of over $265 in November 2021, the SOL was touted as the next token to reach $1,000. […]
Here is what is happening and the potential price action next for Solana (SOL/USD)
Solana (SOL/USD) is again flexing its muscles after losing half of its value in two days. On Friday, the cryptocurrency had recovered more than 20%. That ignites hopes that SOL would overcome a potential single-digit price. But how likely is the rally to be sustained? You know that SOL has been falling heavily due to […]
More pain for Solana (SOL/USD) after a 50% drop
A seven-day loss of more than 50% sees Solana (SOL/USD) trading at half the value the previous week. The loss is the biggest among the cryptocurrencies in the top 100 categories, except for the embattled FTX exchange. SOL now trades at the lowest level since March 2021. Despite the magnitude, the cryptocurrency could fall further […]
Solana (SOL/USD) clears above the 50-day MA
Solana (SOL/USD) jumped to a 2-month high of $38.7 over the weekend. The strong recovery happened after Google Cloud announced it had become a Solana validator. Google Cloud further said it would continue working with the Layer-1 blockchain. The partnership will see the introduction of Blockchain Node Engine to the blockchain in 2023. Solana is […]