Thursday, June 19, 2025
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
CryptoStandard.in
No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
Crypto Marketcap
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
No Result
View All Result
CryptoStandard.in
No Result
View All Result
Home Bitcoin

Solana Value Falls Beneath $14 – Gloomy Week For The Ecosystem?

by cryptostandard
in Bitcoin
Reading Time: 2 mins read
A A
0


Within the earlier month, Solana (SOL) has didn’t make progress because the token fell sufferer to the market contagion caused by the collapse of crypto trade FTX.

As of this writing, all time horizon indicators for Solana’s native token SOL are crimson.

  • Since succumbing to market contagion, Solana has continued to bleed
  • Utilizing bearish metrics and technical indicators, we might anticipate a extra detrimental outlook.

The token and ecosystem of SOL usually are not trying good in accordance with different indicators. As per LunarCrush’s information, each social media mentions and engagements are declining.

Messari provides that the asset’s unappealing volatility and low returns make it much less enticing to traders and merchants.

What is going to occur to SOL now that its worth has dropped under $14? Will it pull out of the darkish or sink a lot decrease?

Solana Value Trajectory: Beneath Its Goal

The coin has been buying and selling round $13.5314, effectively under the bullish goal of $14 and $15. Latest weeks have seen SOL bulls aiming for this degree.

All of it begins on November 15 when bulls try to achieve $15 however fail.

After these makes an attempt, the value fell under $14, the place it has remained ever since. Because of bearish technical indicators, it’s unlikely that SOL will surpass the $14 or $15 barrier degree.

On a timescale of 4 hours, the token’s RSI values are impartial and declining. The bearishness of SOL is additional corroborated by its MFI, which is likewise declining.

Though the token’s Bollinger band is slightly vast, the shifting common of is performing as resistance at $13.8150.

Regardless of this, a optimistic worth pullback should be warranted, because the prior worth actions had been in sync with the bullish XABCD harmonic sample.

If momentum permits, the value pullback goal shall be $14 with a possible goal of $15.

With detrimental technicals, nevertheless, bulls can depend on the $13.3081 help to assist preserve sideways momentum and as a possible rally launching level.

SOL Bears Are All over the place

Though the help has been resilient in opposition to the bears’ earlier assaults, a breach of the $13.3081 help would possibly ship the value under $13.0951. General, SOL is not going to rebound within the close to future.

There’s a higher likelihood of a detrimental breakout in SOL, so traders and merchants ought to tread fastidiously.

SOL complete market cap at $4.6 billion on the every day chart | Featured picture: Freerange Inventory, Chart: TradingView.com



Source link

Tags: Bitcoin NewsCrypto NewsCrypto StandardCrypto UpdatesEcosystemFallsGloomyLatest Bitcoin NewsPriceSolanaWeekFor
Previous Post

Knowledge Suggests Ethereum L2 Tokens Could Expertise Main Upside

Next Post

TKO Soars 100% On Binance Information

Related Posts

Bain Capital Crypto Leads M Funding in Turnkey

Bain Capital Crypto Leads $30M Funding in Turnkey

by cryptostandard
0

Crypto infrastructure firm Turnkey introduced a $30 million Collection B funding spherical on June 9, 2025. Crypto Infrastructure Agency Turnkey...

Cetus, Sui Criticized For Centralization After Stolen Funds Frozen

Cetus, Sui Criticized For Centralization After Stolen Funds Frozen

by cryptostandard
0

Be part of Our Telegram channel to remain updated on breaking information protection Cetus and the Sui Basis are dealing...

Dubai Cashless Technique: Crypto.com Companions with Dubai Authorities for Cost Companies

Dubai Cashless Technique: Crypto.com Companions with Dubai Authorities for Cost Companies

by cryptostandard
0

Dubai’s Division of Finance (DOF), on 12 Could 2025, signed a Memorandum of Understanding (MoU) with Crypto.com to allow crypto...

Ethereum Provide On Exchanges Plummets – Is A Provide Squeeze Coming?

Ethereum Provide On Exchanges Plummets – Is A Provide Squeeze Coming?

by cryptostandard
0

Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure Ethereum is down 55% from its...

Bitcoin Is A Strategic Asset, Not XRP

Bitcoin Is A Strategic Asset, Not XRP

by cryptostandard
0

A brand new proposal submitted to the U.S. Securities and Change Fee’s (SEC) newly-established Crypto Activity Pressure by a Maximilian...

Load More
Next Post
TKO Soars 100% On Binance Information

TKO Soars 100% On Binance Information

Greatest Cryptocurrency Philippines Merchants Are Investing In

Greatest Cryptocurrency Philippines Merchants Are Investing In

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
#
  • Trending
  • Comments
  • Latest
FinovateEurope’s Alumni Alley: Improvements in SaaS Accounting, the Evolution of eDoc Supply, and the Problem of Digital Id

FinovateEurope’s Alumni Alley: Improvements in SaaS Accounting, the Evolution of eDoc Supply, and the Problem of Digital Id

Ethereum Worth Hints At Potential Correction, Purchase The Dip?

Ethereum Worth Hints At Potential Correction, Purchase The Dip?

Kaia (KAIA) Value Prediction 2025 2026 2027

Kaia (KAIA) Value Prediction 2025 2026 2027

LEVER Value Prediction Forward of 60K Incentive Program

LEVER Value Prediction Forward of 60K Incentive Program

Ethereum Worth Prediction: How ETH May carry out in 2023

Ethereum Worth Prediction: How ETH May carry out in 2023

Bitcoin Value Hints At Potential Reversal, Purchase The Dip?

Bitcoin Value Hints At Potential Reversal, Purchase The Dip?

Bitcoin Worth Fails at 0K—Is the Rally Operating Out of Steam?

Bitcoin Worth Fails at $110K—Is the Rally Operating Out of Steam?

Russian crypto CEO charged in 0M laundering scheme tied to US sanctions

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions

Bain Capital Crypto Leads M Funding in Turnkey

Bain Capital Crypto Leads $30M Funding in Turnkey

XRP Added to Nasdaq Crypto US Settlement Value Index

XRP Added to Nasdaq Crypto US Settlement Value Index

Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Simply Obtained Actual

Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Simply Obtained Actual

Kaia (KAIA) Value Prediction 2025 2026 2027

Kaia (KAIA) Value Prediction 2025 2026 2027

CryptoStandard.in

Find the latest Bitcoin, Trending Crypto Updates, Altcoins, Blockchain, NFTs, Crypto Regulations, Interviews, Price Analysis, and more at Crypto Standard

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.