Solana's price slipped below the key $100 support level, trading near $99.30 after sellers rejected it from the $104–$105 range. This decline is driven by broader crypto market weakness, bearish 4-hour Supertrend signals, and concentrated liquidation clusters around $98.20 and $100.80, increasing the risk of further downward movement. Technical indicators like ADX rising above 25 and a falling RSI suggest strengthening short-term selling pressure, though daily momentum remains balanced. The next key levels to watch are support near $98 and resistance around $103.91, with a recovery above $100 potentially triggering short liquidations and a move higher. However, ongoing US macroeconomic pressures and inflation concerns continue to weigh on Solana and the wider crypto market.
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Polymarket's Solana market now estimates a 70% probability that Solana's token will reach $110 by the end of the month, up 16 percentage points in 24 hours. This optimism coincides with Solana's upcoming Alpenglow upgrade, scheduled for October 21, w...
Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
Solana (SOL) traded at $108.19 on October 21, marking a 2.01% increase over 24 hours and reaching a rolling high of $108.69. Technical indicators show the 20-day exponential moving average at $108.67 and the 50-day at $106.72, suggesting short-term s...
