Solana [SOL] rebounds from the $60 mark, should investors go long now

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin reached lows that it had last traded at in July 2021, and Solana reached an area of demand from last August. Does that mean a relief rally is around the corner? In a way, … Read more

Will Solana [SOL] be able to repair investors’ confidence in May

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Solana investors had reason to worry based on the token’s performance on the charts. The network also suffered yet another major outage recently as NFT mining bots sent millions of transactions to the network, … Read more

Solana pushes towards $115 but here are some levels that can act as roadblocks

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Has Solana broken the long-term bear trend? Technically, not yet. The highs at $106.4 and the band of supply at $120 could offer resistance to the bullish advance. Price is always attracted to liquidity, and … Read more

Here’s why Solana’s downtrend is going to be difficult to reverse

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has been in a consolidation phase in the past month two months, as the price faced stiff resistance in the $45k area. At the same time, Bitcoin has registered higher lows on the daily … Read more

Solana: Long-term investors can follow this to avoid further losses

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The downtrend of Solana remains unbroken. The early February rally held much promise- and it did look like SOL had flipped the $93 level to support before its next move upward. However, the Russian invasion … Read more

Here’s the to-do guide for Solana’s market bulls

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped since … Read more

Could Solana see a bounce here as it approaches a demand zone

Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice The trend in recent months for Solana has been firmly bearish. In 2021, Solana and its native token SOL experienced tremendous growth. The price climbed from $1.5 at the beginning of 2021 to $259.9 at its … Read more

Solana, MANA, TRON Price Analysis: 23 February

Amidst uncertain times, the wider crypto market projected strained patterns of development. The likes of Solana, MANA and TRON were observed to follow similar patterns of growth over the past week. Solana (SOL) Solana (SOL)/USD Source: TradingView Solana (SOL) took a major hit during the market collapse in December, when the price plummeted from $178 … Read more

Despite the recent bounce, this can hurt Solana’s bullish prospects

The steady downtrend since early December appeared set to continue as Solana was unable to flip the $116 level from resistance to support. The coin was ranked the eighth cryptocurrency, with a market capitalization of $31.5 billion. Even so,  there have been reports of congestion issues on the network as well as exploits that have … Read more

Solana was rejected in this area but could it break past on a second try

The prominence of the Solana platform was highlighted once again recently when Coinbase decided to list Solana-based tokens, Bonfida and Orca. A bullish outlook for the Solana platform may be perking up as even the Bank of America noted Solana’s priority toward scalability which could help its growth as a settlement layer. On the charts, … Read more