SOL price eyes 75% rally as Solana paints a bullish reversal pattern
SOL’s interim upside target is near $47, up about 20% from its current price. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
SOL’s interim upside target is near $47, up about 20% from its current price. Go to Source Powered by WPeMatico
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price. Go to Source Powered by WPeMatico
Network outages and decreasing smart contract reserves add further downside pressure to SOL price. Go to Source Powered by WPeMatico
Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest. Go to Source Powered by WPeMatico
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Go to Source Powered by WPeMatico
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto … Read more
SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time. Go to Source Powered by WPeMatico
SOL price enters overbought territory but history shows that bulls are not scared of Solana’s excessive valuations. Go to Source Powered by WPeMatico
More bearish cues for SOL comes from a bull flag setup that’s now breaking to the downside. Go to Source Powered by WPeMatico
Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms. Go to Source Powered by WPeMatico