Tag: solana price analysis

Sep 24 2022

Will This Bullish Pattern Boost Solana Price To $48

Sep 24 2022 Published at Coingape under tags  price analysis solana solana price analysis

The Solana (SOL) price displays a bullish reversal opportunity with a double bottom pattern at the psychological Mark of $30. However, the declining 50-day EMA opposes the bullish growth to reach the neckline at $38. So, should you consider taking a bullish trade or wait until prices exceed $38? Key... Read more

Sep 14 2022

Low Volume Recovery In Solana Price Hints Potential Fall To $30

Sep 14 2022 Published at Coingape under tags  price analysis solana solana price analysis

The recent sell-off in the crypto market offset the prior recovery in Solana price. The buyers currently stall this downfall at local support of $32.7, but the low volume activity in their attempts keeps the correction threat on the table. Thus, will buyers resume the bullish recovery from this support,... Read more

Sep 12 2022

Rounding Bottom Pattern Sets Solana’s Price To Hit $48.5

Sep 12 2022 Published at Coingape under tags  price analysis solana solana price analysis

The ongoing recovery in Solana price pierced the $36.25 resistance, offering a breakout opportunity for interested traders. Thus, the altcoin climbing up the ladder indicates the buyers are attempting to resume the prior recovery rally. Moreover, steady growth in volume activity accentuates the buyers' confidence in this recovery and aims... Read more

Aug 13 2022

Solana Price Analysis: The Bullish Breakout Shouts For 30% Gains

Aug 13 2022 Published at Coingape under tags  price analysis solana price analysis

The Solana price analysis indicates that the upside momentum is intact as the ninth largest cryptocurrency meets the critical...

Aug 11 2022

Solana Price Analysis: Bulls Faces Resistance Near $45.0; Is Reversal On Cards?

Aug 11 2022 Published at Coingape under tags  price analysis solana price analysis

Solana price analysis shows signs of exhaustion near the critical resistance around $45.0 in today's session. The bulls...

Aug 10 2022

SOL Price Analysis: Pattern Breakout May Relieve SOL From Range Rally

Aug 10 2022 Published at Coingape under tags  price analysis solana solana price analysis

The Solana (SOL) price has resonated within a symmetrical triangle pattern for nearly a month. The price...

Aug 08 2022

Solana Price Analysis: Will SOL Sustains Gains Above $42.0?

Aug 08 2022 Published at Coingape under tags  price analysis solana price analysis

Solana's price analysis shows the bullish outlay for the day. SOL started the session on a lower note...

Aug 04 2022

FTX Chief Sam Bankman-Fried Backs Solana (SOL) A Day After Major Exploit, Here’s Why

Aug 04 2022 Published at Coingape under tags  altcoin news news solana price analysis

A day after Solana faced a major exploit, FTX chief Sam Bankman-Fried came out supporting the SOL cryptocurrency. During his recent interview with the Fortune...

Jul 30 2022

Solana Price Analysis: Bulls Aims For $50.0 Amid Sustained Buying Momentum

Jul 30 2022 Published at Coingape under tags  price analysis solana price analysis

The Solana price analysis maintains a buy view on the coin. The ninth largest cryptocurrency by market cap holds the...

Jul 26 2022

Solana Price Analysis: SOL Price Extended Correction May Soon Hit $32

Jul 26 2022 Published at Coingape under tags  altcoin news sol solana price analysis

Amidst the ongoing sell-off in the crypto market, the Solana (SOL) price reversed from the $45 resistance and triggered a minor retracement. The downfall has pierced immediate support of $38.4 and is poised to hit the prior higher low support of $32. But what if altcoin breached this support as well? Key points SOL price...

Jul 15 2022

SOL Price Analysis: Emerging Reversal Pattern Eyes $42.5 mark

Jul 15 2022 Published at Coingape under tags  price analysis sol solana price analysis

The Solana (SOL) price witnesses an increase of bullish influence over the consolidation range leading to a double bottom at the $31.75 support level. The bullish pattern has a neckline at the $43 mark and shows an increase in the intraday trading volume, reflecting a strong bullish commitment. Will the reversal rally result in the...

Jul 06 2022

Jun 29 2022

Solana Price Analysis: $36 Breakdown Teases SOL Price to Revisit $26

Jun 29 2022 Published at Coingape under tags  price analysis sol solana price analysis

Last week, the Solana (SOL) price witnessed a V-shaped recovery and rallied to the $42.6 mark. However, the supply pressure at this level triggered a pullback and plunged the coin price below the flipped support of $37. If selling pressure persists, the altcoin will continue the downward spiral to $26. Key points The SOL price...

Jun 25 2022

Solana Price Analysis: SOL Price Rallying North With Eyes On $59

Jun 25 2022 Published at Coingape under tags  price analysis sol solana price analysis

For the past five weeks, the Solana (SOL) price has lowered under the influence of a descending trendline. However, on June 20th, the coin buyers gave a bullish breakout from his dynamic resistance, indicating a recovery opportunity for traders. The sustained buying should bolster buyers to breach the immediate resistance of $48.3 and climb towards...

Jun 21 2022

Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation

Jun 21 2022 Published at Coingape under tags  altcoin news news solana price analysis

As CoinGape reported, the Solana-based "decentralized" lending protocol Solend has been grappling to avoid a liquidity crisis amid the SOL price crashing and the whale accounts having huge margin calls. Earlier, the Solend protocol planned to overtake the whale accounts with emergency powers. However, it faced a huge backlash from the community. While the liquidity...

Jun 20 2022

Solana-based lending Platform Solend Steps Back from Controlling the Whale Account

Jun 20 2022 Published at Coingape under tags  altcoin news news solana price analysis

The broader crypto lending and the staking markets have been undergoing one of the worst crises in history amid a wave of liquidations recently. On Sunday, Solana-based "decentralized" lending platform Solend initiated an SNLD1 proposal to take over a whale account with emergency powers and avoid a cascade of possible liquidations. Solend claimed that a...

Jun 15 2022

Solana Price Analysis: Post-Retest Fall May Sink SOL Price To $20

Jun 15 2022 Published at Coingape under tags  price analysis sol solana price analysis

Last week's sell-off in the crypto market pulled the Solana(SOL) price below the prior lower low support of $40. The breakdown tumbled the altcoin by 22% as it reached near the $26 mark. However, the demand pressure near the $26 mark could trigger a minor pullback to the breached resistance, providing a short entry opportunity....

Jun 06 2022

Solana Plans to Disable Feature that Caused its Most Recent 4.5 Hour Outage

Summary: Solana has released a postmortem report examining the most recent 4.5-hour outage on June 1st. The outage resulted from a runtime bug triggered by the durable nonce transactions feature. The Solana team will disable the durable nonce transaction feature in releases v1.9.28/v1.10.23. The team at Solana has released a postmortem report examining the network's most recent 4.5-hour outage that occurred on the...

Jun 03 2022

Solana Price Analysis: Will Triangle Pattern Dump SOL Price To $22 Mark?

Jun 03 2022 Published at Coingape under tags  price analysis sol solana price analysis

The Solana(SOL) price has been resonating within a descending triangle for nearly two weeks, teasing a...

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