Solana's price dropped 3.63% to $83.37 on April 14, forming a symmetrical triangle pattern on the daily chart since mid-February. This pattern, marked by converging trendlines from February highs and lows, suggests an imminent price breakout or breakdown as the price nears the triangle's apex. A bullish MACD crossover inside the triangle indicates improving momentum, with resistance at $85.61 and support near $80. A breakout above $85.61 could lead to targets around $98.42 and $108, while a drop below $80 would invalidate the bullish outlook. Elevated futures volume and institutional interest provide structural support, making the upcoming price movement critical for traders and investors.
E*TRADE, a Morgan Stanley subsidiary, has completed its rollout of spot trading services for Bitcoin, Ethereum, and Solana, allowing clients to buy, sell, and hold these cryptocurrencies within their brokerage accounts with a 0.5% transaction fee. Th...
Solana (SOL) is currently consolidating above the 0.618 Fibonacci support near $69.86. To confirm a stronger bullish reversal, SOL must break through the $84-$86 resistance zone. A successful breakout could lead to targets of $126 and $180, with anal...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
