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 briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Solana (SOL) fell below its $100 support level to a low of $98 before a slight rebound, trading around $99.90 with a 1.8% daily loss. The drop triggered over $10 million in long liquidations, signaling panic selling and reduced participation in Solan...
SUI cryptocurrency price is currently testing a key support level between $0.71 and $0.73 after falling 1.40%, underperforming compared to Ethereum and Solana. Analysts highlight that if buyers defend this floor, SUI could rebound to $0.84–$0.85, but...
Solana (SOL) has been consolidating around $100-$105 but shows a bullish trend after breaking the $98.41 resistance, signaling a shift from a downtrend to an uptrend. The $100 support level has held firm, suggesting potential for a move toward the $1...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
