Bitcoin and the major altcoins are attracting buyers at lower levels, suggesting that the sentiment could be turning positive.
) rose above the 20-day EMA on Sep. 18 but the bulls could not push the price to the 50-day SMA . This suggests that the bears are active at higher levels.The 20-day EMA is witnessing a tough battle between the bulls and the bears. If the sellers sustain the price below the 20-day EMA, the SOL/USDT pair could slump to $18.50 and thereafter to the next support at $17.33.
Another possibility is that the price snaps back from $2.25. If that happens, it will suggest that traders are not waiting for a deeper correction to buy. That will increase the likelihood of a break above $2.59. The pair may then jump to $2.90.
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