Solana eyes 40% jump in August despite long-term bearish signals
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds. Go to Source Powered by WPeMatico
SOL’s bear flag setup sees its price declining to $21 by September 2022. Go to Source Powered by WPeMatico
Solana’s price can mimic Ethereum’s impressive recovery after the 2018 bear market, analysts argue. Go to Source Powered by WPeMatico
SOL’s interim upside target is near $47, up about 20% from its current price. Go to Source Powered by WPeMatico
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price. Go to Source Powered by WPeMatico
Network outages and decreasing smart contract reserves add further downside pressure to SOL price. Go to Source Powered by WPeMatico
Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest. Go to Source Powered by WPeMatico
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Go to Source Powered by WPeMatico
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime Denounced by the Crypto … Read more
SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time. Go to Source Powered by WPeMatico