• Home
  • Live Rates
  • Privacy Policy
  • Shop
  • Terms of Service
Monday, June 16, 2025
  • Home
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
  • Tether
  • Solana
    • Dogecoin
  • Live Rates
  • Shop
No Result
View All Result
XXL24
Ledger - Crypto Beginners Pack
  • Home
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
  • Tether
  • Solana
    • Dogecoin
  • Live Rates
  • Shop
No Result
View All Result
XXL24
No Result
View All Result

Solana Faces Market Volatility Amid Potential Bullish Uprising

June 19, 2024
in Solana
0

In the high-stakes realm of digital currency, SOL, the premier token of the high-performance blockchain platform, Solana, is grappling with weighty price obstacles. Besieged by a volatile cryptocurrency market, the progressive trajectory of Solana’s price is bracing as it skates across stiff resistance levels. It’s a thrilling economic drama that has piqued the keen interest of investors and market analysts, all striving to predict what the future holds for SOL.

We journey headlong into our exploration of Solana’s current price conundrums, consider the potential future scenarios, and craft educated predictions on how these hindrances might sway its market performance. This nuanced understanding of dynamic market behavior is an integral tool for investors treading the rough landscape of Solana’s fluctuating prices.

⭐ Follow us on Google News! ✔️

At press time, SOL boasts a market capitalization exceeding $67 billion, a daily trading volume surpassing $1.3 billion, and its price trading near the $146 mark after a downward adjustment of 5.40% during the last 24-hour span. Even with this price decline, SOL’s market capitalization and trading volume have rallied, ticking upwards by 0.64% and an impressive 40.90%.

As we delve into the current market analysis for Solana, a 4-hour price chart reveals SOL cooling its heels after an upward surge, signaled by the appearance of two bearish candlesticks. Solana’s trading activity is lodged below the 100-day Simple Moving Average (SMA), hinting at continued bearish vibes.

However, hope springs eternal. The comprehensive trend oscillator indicator on the 4-hour chart signals a potential rise in SOL’s price, with both the signal line and SMA pursuing the zero line. It warrants mentioning though, that this is a brief-term metric, and a further downtrend could be lurking just around the corner.

Switching gears to the 1-day chart, Solana’s trajectory appears to remain bearish. It is ensconced below the 100-day SMA and appears poised to drop yet another bearish candlestick with strong momentum resonating.

The signal line and SMA of the 1-day composite trend oscillator have ruptured the zero line, plunging towards the oversold territory. These movements bolster the notion that SOL’s price could adopt an aggressively bearish stance.

Industry experts have been carefully eyeing SOL’s price trajectory. Current projections predict a downward slope towards the $140 support level. If SOL nosedives below this line, a further slide to test the $118 support level is in the cards, and beyond that, the $99 support level could also be challenged.

However, if SOL manages to withstand this onslaught, economic forces may cajole prices in an upward trajectory towards the $160 resistance level. A successful break above this level could set the stage for a continued ascent, with resistance levels at $188 and beyond that, even at $205, bracing for an encounter.

In the fever-pitched race that is the world of cryptocurrency, SOL’s price dynamics are an absorbing spectacle. Always on the move, always unpredictable, always a subject of speculation, SOL holds the promise of a captivating story yet to unfold.

This news is republished from another source.


Previous Post

The Rise of Decentralized Finance in the Metaverse

Next Post

Maximize Beacon ETH $BETH Airdrop Rewards | by DeFi Beacon

Next Post

Maximize Beacon ETH $BETH Airdrop Rewards | by DeFi Beacon

Name Price
Kinza Babylon Staked BTC
Kinza Babylon Staked BTC (KBTC)
$83,270.00
Steakhouse EURCV Morpho Vault
Steakhouse EURCV Morpho Vault (STEAKEURCV)
$0.000000
Vested XOR
Vested XOR (VXOR)
$3,404.23
ICPanda DAO
ICPanda DAO (PANDA)
$0.003106
TruFin Staked APT
TruFin Staked APT (TRUAPT)
$8.02
bitcoin
Bitcoin (BTC)
$107,724.00
ethereum
Ethereum (ETH)
$2,651.12
tether
Tether (USDT)
$1.00
ripple
XRP (XRP)
$2.27
binancecoin
BNB (BNB)
$658.77

Dogecoin

Will Dogecoin Recover or Dive Below $0.1? 5thScape Set to Dominate 2024! %

July 15, 2024

Investors Shift to Clandeno (CLD) ICO Amid Global Market Uncertainty as Dogecoin (DOGE) and Polkadot (DOT) Drop

July 14, 2024

Dogecoin (DOGE) and Solana (SOL) Lead Crypto Market Recovery as Bitcoin (BTC) Reclaims $60K

July 14, 2024

DOGECOIN PRICE ANALYSIS & PREDICTION (July 13) – Doge Trades Calmly At $0.1, Can It Gain Strength From This Key Level? 

July 14, 2024

Analyst Who Bought Solana At $0.11 And Sold For $250 Says Buy ETFSwap (ETFS) At $0.01831 Now Instead Of Dogecoin (DOGE)

July 13, 2024

Leap Ahead with MOONHOP Presale As 4900% Growth Projection Dwarfs Notcoin & Dogecoin’s Declines

July 13, 2024

Metaverse

Ciz Verse Announces the Launch of Its Bitcoin-Powered Metaverse

July 15, 2024

Mil.k partners AirAsia rewards and The Sandbox to engage consumers in the metaverse

July 15, 2024

Lado Okhotnikov Reveals The Secrets Of The Realistic Meta Force Metaverse

July 14, 2024

GensoKishi Metaverse (MV) Price Down 18.4% This Week

July 14, 2024

The 3 Smartest Metaverse Stocks to Buy With $500 Right Now

July 14, 2024

Top 3 Metaverse Tokens For 3X Surge This Bull Rally!

July 13, 2024

transcosmos launches Roblox metaverse services with EbuAction

July 13, 2024
No Result
View All Result

Pages

  • Home
  • Live Rates
  • Privacy Policy
  • Shop
  • Terms of Service

Tether

Zimbabwe ZiG Hits Record Low as Interest in Tether (USDT) Rises

July 15, 2024

Solana

How Solana flipped Ethereum, Bitcoin in NFT Adoption

July 15, 2024

Solana Reaches Market Capitalization of $67.27 Billion (SOL)

July 14, 2024

Advertisement

  • Shop
  • Privacy Policy
  • Terms of Service

© 2023 XXL24


No Result
View All Result
  • Home
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
  • Tether
  • Solana
    • Dogecoin
  • Live Rates
  • Shop

© 2023 XXL24


  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$107,724.002.06%
  • ethereumEthereum(ETH)$2,651.124.24%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.274.74%
  • binancecoinBNB(BNB)$658.771.76%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$157.565.60%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1791911.91%
  • tronTRON(TRX)$0.2794832.57%
  • staked-etherLido Staked Ether(STETH)$2,650.734.27%
  • cardanoCardano(ADA)$0.653.25%
  • HyperliquidHyperliquid(HYPE)$45.5112.00%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$107,635.002.07%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • Wrapped stETHWrapped stETH(WSTETH)$3,195.754.33%
  • SuiSui(SUI)$3.155.82%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • bitcoin-cashBitcoin Cash(BCH)$471.753.70%
  • chainlinkChainlink(LINK)$13.875.14%
  • leo-tokenLEO Token(LEO)$9.260.78%
  • avalanche-2Avalanche(AVAX)$19.884.46%
  • stellarStellar(XLM)$0.2658262.85%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$51.7730.09%
  • ToncoinToncoin(TON)$3.021.80%
  • shiba-inuShiba Inu(SHIB)$0.0000121.82%
  • wethWETH(WETH)$2,652.594.24%
  • Wrapped eETHWrapped eETH(WEETH)$2,836.724.32%
  • USDSUSDS(USDS)$1.00-0.01%
  • hedera-hashgraphHedera(HBAR)$0.1625835.47%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • litecoinLitecoin(LTC)$88.722.87%
  • polkadotPolkadot(DOT)$3.953.81%
  • PengPeng(PENG)$0.60-13.59%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.04%
  • moneroMonero(XMR)$322.301.15%
  • Ethena USDeEthena USDe(USDE)$1.000.07%
  • Bitget TokenBitget Token(BGB)$4.591.61%
  • MurasakiMurasaki(MURA)$4.32-12.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$107,777.002.07%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • PepePepe(PEPE)$0.0000122.75%
XXL24