Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH
Solana is currently trading above key demand levels, showcasing resilience after weeks of market uncertainty. However, the altcoin is yet to confirm a breakout from the daily downtrend that began in late November. As SOL continues to hover near critical technical levels, analysts and investors are closely watching for a decisive move that could signal…
Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon
Solana has kicked off the year with an impressive 12% surge, reaching the pivotal $210 level and reigniting investor optimism. This rally comes as market sentiment shifts positively, fueling a broader resurgence in altcoins. With Solana now gaining significant traction, many are asking whether this marks the beginning of a massive rally for the high-performance…
Solana Holds Crucial Level – Can SOL Push Above $200?
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana’s price action suggests strength in the face of uncertainty. Investors are closely monitoring SOL’s ability to maintain its current levels, as a…
New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation
The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT)…
Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market. Key metrics from Glassnode further bolster this sentiment, revealing that Solana has consistently maintained a positive net capital…
Solana (SOL) Gearing Up: Is a New Surge on the Horizon?
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break…
Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts
Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. according to data from CoinMarketCap. This decline adds to the token’s steep price movement after it reached a new all-time high of $263.83 following the US Presidential elections in November. However, with the crypto bull…
Solana Monthly Chart ‘Looks Ready For A Monster Run’ – Details
Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming…
Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why
The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in…
Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum?
Solana remained stable above the $215 level. SOL price is now recovering losses and facing hurdles near the $228 and $332 levels. SOL price started a fresh increase after it tested the $215 zone against the US Dollar. The price is now trading below $225 and the 100-hourly simple moving average. There was a break…