Solana Bounces With the Rest of Cryptos $SOLUSD cryptotrading
in general have been struggling to bit until the last couple of days, as it looks like we are trying to form a bit of a “floor the market.” That is something that we desperately need after we have seen such an explosive move to the upside, followed by a massive meltdown over the last couple of months.
Solana is still relatively new when it comes to institutional money, so it does make a certain amount of sense that they bailed on it rather quicklyAll things been equal, the $120 level underneath is significant support that we have seen tested a couple of times recently, and it does make a certain amount of sense that we would see potential pressure in this area.
At that point, I would be a buyer, expecting a move towards the $200 level above, which was an area of significant selling pressure. That being said, I think this is a market that has been oversold, as there is so much interest in Solana.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Solana NFT total sales volume crosses $1 billionSolana-based NFTs gained traction as Ethereum experienced all-time high gas fees last year — and some even fetched millions.
Consulte Mais informação »
SOL/USD Forecast: Solana Looking for Double BottomThe Solana market fell a bit on Wednesday, but it has been relatively quiet.
Consulte Mais informação »
Solana-based 'move-to-earn' startup STEPN raises $5 million in SAFT saleSTEPN, a Solana-based 'move-to-earn' NFT gaming startup that rewards users for exercising, has raised $5 million in a seed funding round.
Consulte Mais informação »
Institutional crypto custodian Fireblocks adds support for SolanaFireblocks, an institutional crypto custody platform, has added support for Solana's native token SOL. It also plans to support SPL tokens.
Consulte Mais informação »
Ethereum (ETH), Solana (SOL) and Polygon (MATIC) Will Be Explosive in 2022, According to Altcoin Daily – Here’s WhyCrypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year. The co-host of Altcoin Daily tells his 1.2 million YouTube subscribers that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his...
Consulte Mais informação »