Solana (SOL) is currently forming a significant cup and handle pattern on its monthly chart, indicating a potential recovery after its 2022 decline. The price is testing the lower support of the handle, which is crucial for maintaining the pattern's validity. A confirmed breakout above the handle resistance and previous highs is needed to signal a strong upward move. Meanwhile, SOL also holds above a key long-term trendline on the weekly chart, suggesting the larger downtrend has weakened. The next major move depends on whether buyers can defend the current support and push the price toward higher resistance levels.
Solana surged nearly 10% following a trend breakout but has since pulled back slightly, viewed by analysts as a normal profit-taking pause rather than a reversal. The cryptocurrency remains in a bullish structure as long as it holds above critical su...
Bitcoin's price recently surged above the $80,500 level, indicating renewed buying interest. Despite this upward move, the cryptocurrency is still in a consolidation pattern, suggesting that traders are cautious and the market may be preparing for fu...
Data from Deribit reveals Ethereum and Solana options traders are leaning bullish, with Ethereum showing strong call option interest and Solana displaying balanced but call-favored volume. In contrast, XRP options traders are more defensive, with a h...
Forward Industries, the largest corporate holder of Solana (SOL), posted a $283.1 million net loss in Q2 FY26 mainly due to a sharp decline in Solana's market value from $124 to $83. Despite this, the company's revenue quadrupled to $13 million drive...
Bitcoin led a broad crypto market rally with its price rising 2.26% to $81,390, supported by a 19% surge in derivatives trading volume and increased risk appetite. Major altcoins like XRP and Hyperliquid also saw strong gains, indicating renewed inte...
