Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action – Market Updates Bitcoin News

Brasil Notícia Notícia

Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action – Market Updates Bitcoin News
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

SOL moves towards a 10-month low on Tuesday, as AVAX also falls by over 10%.

SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave.SOL was back in the red on Tuesday, as today’s sell-off pushed prices closer to their lowest point since August last year.

Tuesday’s drop sent SOL back towards its long-term support point of $38.10, and slightly closer to its ten-month low below this floor at $35.50.Looking at the chart, the sell-off took place following a failed breakout attempt of the 39 level on the 14-day RSI indicator. So far, SOL bulls have fought off bears to prevent a full-on break of the $38.10 floor, however should relative strength continue to decline, then a breakout will likely occur.AVAX was another notable mover on Tuesday, as bearish pressure sent the world’s fourteenth-largest crypto token lower.

Like SOL, today’s drop in price saw AVAX/USD move to a support level, in this instance the $22.70 point.This level is also slightly above a ten-month low, which for AVAX is at $21.11, a low which came just over two weeks ago.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

BTCTN /  🏆 531. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Funeral for 10-year-old victim of Uvalde massacre will take place TuesdayFuneral for 10-year-old victim of Uvalde massacre will take place TuesdayA funeral for 10-year-old Xavier James Lopez, one of the victims of the Uvalde elementary school massacre, will take place Tuesday.
Consulte Mais informação »

STUDY: Top 10 careers with biggest growth potential, post COVID-19STUDY: Top 10 careers with biggest growth potential, post COVID-19While COVID-19 is still among us, a study by UC San Diego's Center for Research and Evaluation Monday released a list of the top 10 professions with the biggest growth potential in a post or with-COVID world.
Consulte Mais informação »

10 courses famous authors taught as professors10 courses famous authors taught as professorsWriters often need to teach as a form of income, producing some dynamic opportunities for students of writing and literature.
Consulte Mais informação »

Uvalde mourns budding 10-year-old artist Alithia RamirezUvalde mourns budding 10-year-old artist Alithia RamirezFamilies, friends mourn the death of a budding artist in Uvalde, killed in May 24 school masscre
Consulte Mais informação »

Why the market gets nervous whenever the 10-year Treasury yield hits 3%Why the market gets nervous whenever the 10-year Treasury yield hits 3%There's a reason the stock market doesn't like higher bond yields, and it has a lot to do with the burgeoning levels of government debt.
Consulte Mais informação »



Render Time: 2025-02-28 19:07:39