Amid the second wave of crypto-based Exchange-Traded Funds (ETFs), Solana (SOL)-based investment products have been leading the charge, fueled by strong demand despite the recent market volatility. As a new group of investment products based on the altcoin hits the market and SOL’s price starts to recover, some suggest that a rebound could be underway.…
Tag: SOL/BTC
Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up
Amid the geopolitical turmoil, Solana (SOL) has retraced 10% in the past week. Some analysts believe that the altcoin’s correction is about to end, but warned that a dip below a key support level might come first. Solana Eyes Key Retest Before Breakout After retesting the $168 resistance last Wednesday, Solana has fallen back to…
Solana (SOL) Retests Crucial Support Level – Is A 50% Price Drop On The Horizon?
Solana (SOL) has seen a nearly 40% retrace over the past month, losing key support levels since February. As its price retests a key horizontal level, some analysts warn of a potential 50% correction to a yearly low. Solana Loses Key Support Level Solana has been one of the leading cryptocurrencies of the cycle, fueled…
Solana Sentiment Hits 1-Year Low Amid Market Correction – Analyst Suggests Drop To $70
Amid the market retrace, Solana (SOL) saw a massive correction that dragged its price to a five-month low. If SOL fails to reclaim its key support levels, some market watchers predict the altcoin risks further bleeding. Solana Sentiment Plummets To Yearly Low On Monday afternoon, the crypto market continued the weekend bleeding after failing to…