Solana (SOL) recently broke above the key resistance level of $97.70, turning it into support and trading around $105. This breakout signals a bullish setup with the next major resistance at $120.23, followed by $146.56 if momentum continues. However, a heavy concentration of leveraged positions around $106-$107 could create short-term price pressure. Holding above $97.70 is crucial to maintain the rally, while a drop below this level risks a deeper retracement toward $81.35. Clearing the $106-$107 liquidation zone would strengthen near-term momentum and focus attention on the $120 resistance level.
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...
Bitcoin rose 42.7% in Q3, recovering after three down quarters, driven by US Treasury bond purchases that lowered yields and boosted risk assets. Ethereum and Solana also saw strong gains. However, uncertainty remains as the Federal Reserve's October...
Solana's price approached $106 on October 21, down from about $121 at the start of October, amid ongoing U.S. fund withdrawals and a major corporate sale of SOL tokens. The Alpenglow upgrade, scheduled for October 21, aims to drastically speed up tra...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) and Ethereum (ETH) recorded significant net inflows of $120.54 million and $37.57 million respectively. Stablecoins USDT and USDC also showed positive net inflows, albeit smaller. Other token...
On October 20, Dogecoin (DOGE) recorded the largest 24-hour increase in open interest among five major cryptocurrencies, rising 6.89% to $226.9 million. Meanwhile, Bitcoin (BTC) led the group in funding rates at 0.0085% per eight hours, or 9.3% annua...
