Solana (SOL) is trading near the key $100 level following a strong rebound that broke past resistance around $98-$100. The next move depends on whether this former resistance can hold as support; if it does, SOL could target $117 as the next major resistance. A broader bullish trend may develop if SOL sustains this breakout, though a drop below $98 could lead to deeper consolidation around $80-$85. The technical outlook is cautious due to broader market pressures like rising Treasury yields and geopolitical tensions. Additionally, Solana's upcoming network upgrade later this month could influence price action. Investors should watch the $98-$100 zone closely to gauge the next directional move for SOL.
Bitcoin price dropped to around $76,623 as investors brace for the Federal Reserve's September 15-16 meeting, where a 68% chance of a rate hike is expected. This potential increase could strengthen the dollar and pressure Bitcoin and other risk asset...
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
Japanese company Remixpoint sold all its altcoin holdings including XRP, Ethereum, Solana, and Dogecoin, realizing a net profit of ¥117 million. The firm shifted its entire crypto portfolio to Bitcoin, holding about 1,506 BTC, citing Bitcoin's stable...
Solana (SOL) has surged 40% in the past month, trading around $101 with strong technical signals pointing to a potential rise to $150 by September's end. Analyst Ali Martinez highlights a bullish market structure, noting that SOL must surpass $110 an...
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
