Solana's price is approaching a critical support level around $67 after a decline from recent highs near $78. Technical analysis suggests the cryptocurrency may be forming a long-term bottom similar to its 2022-23 accumulation phase, supported by bullish RSI divergence indicating weakening downward momentum. However, confirmation of a trend reversal requires Solana to reclaim resistance between $95 and $100. A failure to hold $67 could lead to further declines toward $62-$63. Investors should watch for a clear bounce at $67 and a move above short-term resistance to signal a potential recovery.
Since July, Solana (SOL) bulls struggled to push prices above $80, facing steady bearish pressure despite strong network use and stablecoin liquidity. Technical indicators like RSI and MACD signal further downside, with recent price action breaking k...
Dogecoin futures saw a notable increase in long positions among top traders on CoinGlass, rising to 73.96% in USDT-margined contracts, marking the largest day-over-day gain among major tokens. This suggests a tactical, short-term shift in risk appeti...
Solana (SOL) is trading near $73, facing resistance around $74.9-$75.8 as on-chain activity and trading volumes decline, signaling uncertainty. Despite challenges, institutional participation grows with MoneyGram joining as a validator and governance...
Michael Coates, the new Chief Information Security Officer at Solana Foundation, warns that AI-powered social engineering and fake identities will drive the next wave of crypto security threats, shifting focus from smart contract exploits to human vu...
Solana (SOL) is trading near $73 after falling below key support levels on its four-hour and 12-hour charts, signaling potential further declines. The price slipped below a rising channel's lower boundary, weakening its bullish trend and pointing to ...
