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SOLUSD – Page 9 – BitcoTasks BLOG
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SOL Price Topside Bias Vulnerable If Solana Continues To Struggle Below $170

Technical Analysis

Solana attempted a recovery wave above the $140 level. SOL price is now struggling to clear the $160 and $170 resistance levels. SOL price recovered higher and tested the $160 resistance against the US Dollar. The price is now trading below $160 and the 100 simple moving average (4 hours). There is a key bullish…

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Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update

Solana

Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong.  Additionally, Solana addressed its ongoing network congestion issues with…

Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update Read More »

Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible?

Solana

Amid the issues that continue to plague the network, the Solana open interest has seen a drop in the last week. This drop coincides with a decline in the cryptocurrency’s price, suggesting that investors may be getting wary of waiting for a fix to come through. Solana Open Interest Drops By $370 Million Solana saw…

Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible? Read More »

Altcoins Hotlist: Expert Identifies Top 6 Coins To Track Amid Bitcoin’s Rise To $72,000

Altcoin

As Bitcoin (BTC) continues its upward trajectory, regaining its bullish momentum after brief range-bound price action and inching closer to its all-time high (ATH) of $73,700, crypto analyst Miles Deutscher shared insights on several altcoins to watch for potential gains this week.  Altcoins With Strong Potential First, Deutscher observes a robust recovery in Bitcoin following…

Altcoins Hotlist: Expert Identifies Top 6 Coins To Track Amid Bitcoin’s Rise To $72,000 Read More »

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale

Solana

In a significant development, FTX bankruptcy trustees have reportedly sold about two-thirds of a $2.6 billion stash of Solana (SOL) at a “deeply discounted price.”  Industry figures such as Galaxy Trading and Pantera Capital were among the investors involved in the deal, according to people familiar with the matter, as reported by Bloomberg. SOL Tokens’…

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale Read More »

Solana Whales Are Making Moves – Here’s The Direction They’re Headed In

Solana

The price of Solana had briefly crossed $200 before tumbling back down in the last week. This move has triggered a wave of movement across the market, and whales are now showing their hands. Over the last day, there have been a number of notable whale transactions and their destinations could give an inkling as…

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Solana (SOL) Breaks Through Key Resistance, Analyst Forecasts $250 Price Target

Solana

Solana (SOL) has experienced a notable resurgence in its bullish momentum, with a rebound of over 9% in the past 24 hours. This notable performance has outpaced the top 10 largest cryptocurrencies in terms of market capitalization. The latest surge in SOL’s price has allowed it to surpass its resistance level on the daily chart…

Solana (SOL) Breaks Through Key Resistance, Analyst Forecasts $250 Price Target Read More »

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