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SOLUSD – Page 2 – BitcoTasks BLOG
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Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside?

Technical Analysis

Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $148 and the 100-hourly simple moving average. There is a short-term declining channel forming…

Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside? Read More »

Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge

Solana

Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Open Interest” here refers to a metric that keeps track of the total amount of…

Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge Read More »

Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key

Solana

Solana (SOL), currently positioned as the fifth largest cryptocurrency by market capitalization, is mirroring Bitcoin’s (BTC) recent pattern of recovery, exhibiting a positive trajectory over the past couple of weeks.  Friday’s recent price spike comes on the heels of positive macroeconomic developments from the US Federal Reserve (Fed), which have had a positive impact on…

Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key Read More »

Solana Dump Far From Over? Whales Continue To Dump SOL

Solana

The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ bearish sentiment towards Solana.  Crypto Whale Offloads $16 Million Worth Of Solana In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain…

Solana Dump Far From Over? Whales Continue To Dump SOL Read More »

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%

Solana

The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After…

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98% Read More »

Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers

Ethereum

A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle.  Solana Sets Sights On $1,000 On August 12, a crypto analyst identified…

Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers Read More »

Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong

Solana

A Solana (SOL) whale has been offloading a significant amount of its holdings for a while, a move that could significantly impact Solana’s price and the projected move to $1,000. Solana’s fundamentals remain strong amid these sell-offs, suggesting that SOL could still enjoy a significant rally.  Solana Whale Has Sold $86 Million Worth Of SOL…

Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong Read More »

Solana Poised For $400-500 Upside As Analyst Spots Wave 5 Formation

Solana

Solana (SOL), one of the largest digital assets in the market by market capitalization, has been in a period of price consolidation, oscillating between the $140 and $150 price range. This period follows a significant drop that saw SOL plummet to $109 on August 5th, with a modest recovery since then.  However, despite its resurgence,…

Solana Poised For $400-500 Upside As Analyst Spots Wave 5 Formation Read More »

Strong Bearish Signal Appears In Solana Chart, Where Is Price Headed Next?

Solana

Expectations of the Solana price going above $200 have been rampant with the most recent recovery. In some cases, predictions have reached as high as $1,000 for the cryptocurrency, but one crypto analyst is going in the opposite direction. In a recent analysis, Alan Santana has predicted a crash for the SOL price that could…

Strong Bearish Signal Appears In Solana Chart, Where Is Price Headed Next? Read More »

Solana Price (SOL) Slips to $140: Will This Level Support a Rebound?

Technical Analysis

Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a…

Solana Price (SOL) Slips to $140: Will This Level Support a Rebound? Read More »

Ethereum Vs. Solana: Legendary Trader Peter Brandt Reveals The ‘Clear Winner’

Ethereum

A crypto analyst has reignited the debate between Ethereum (ETH) and Solana (SOL), evaluating which cryptocurrency was more superior. Considering recent market trends and performances of both altcoins, the analyst has finally identified a clear winner in the competition.  Solana Wins Battle Against Ethereum In a recent X (formerly Twitter) comparison between Solana and Ethereum,…

Ethereum Vs. Solana: Legendary Trader Peter Brandt Reveals The ‘Clear Winner’ Read More »

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