Author Archives: Coingape.com

Low Volume Recovery In Solana Price Hints Potential Fall To $30

The recent sell-off in the crypto market offset the prior recovery in Solana price. The buyers currently stall this downfall at local support of $32.7, but the low volume activity in their attempts keeps the correction threat on the table. Thus, will buyers resume the bullish recovery from this support, or is further downfall on its[Read more…]

Rounding Bottom Pattern Sets Solana’s Price To Hit $48.5

The ongoing recovery in Solana price pierced the $36.25 resistance, offering a breakout opportunity for interested traders. Thus, the altcoin climbing up the ladder indicates the buyers are attempting to resume the prior recovery rally. Moreover, steady growth in volume activity accentuates the buyers’ confidence in this recovery and aims for the last swing high of $48.5 Key points[Read more…]

Solana Price Recovers 10% In Two Days; Time To Buy?

Solana’s price recovers from the reliable support zone of $30.46. Now, the price hovers near the critical resistance zone. The current market structure and the technical setup favor the bullish view. As of writing SOL/USD is trading at $33.47, up 2.31% for the day. The ninth largest cryptocurrency by market cap holds the 24-hour trading volume[Read more…]

Crypto Rally: Bitcoin, Altcoins Bounce Back, How High Can They Go

After an abysmal showing yesterday, the crypto market is experiencing a major rally. Bitcoin prices were down by close to 6% yesterday. However, BTC has rallied since then to trade at $19,333. It has increased close to 3% in the last 24 hours.  Altcoins are showing a stronger performance than Bitcoin. The Ethereum price was down by 8% yesterday.[Read more…]

Solana Price Could Jump 12% This Week; Here’s Why?

Solana (SOL) price analysis remains bullish for the day. Since the beginning of the September series, SOL gained nearly 11%. After consolidating near $30.0, the price extends the price movement in the higher direction. SOL on the daily chart formed a “Bullish Shark” Harmonic pattern. In a bullish Shark pattern, however, the second top is higher than the[Read more…]

Just In: Pantera Capital COO Samir Shah Leaves Firm In Crypto Downturn

There are speculations that Pantera Capital Chief Operating Officer (COO) Samir Shah has left the cryptocurrency-focused investment company just after two months. Samir Shah’s LinkedIn Profile is primarily the reason why the media is talking about him leaving the firm. He joined Pantera in July this year. At the time of his joining he is quoted to[Read more…]

Just In: Robinhood Lists Chainlink (LINK); Price Up By 5%

Chainlink Price up by 5% Robinhood took to its Twitter to announce the listing. In the meantime, Chainlink’s price jumped by around 5%. LINK price is trading at $7.01, at the press time. Token’s 24 hour trading volume has surged by around 50% to stand at $605 million. Chainlink is the 22nd largest cryptocurrency with[Read more…]

Solana Price Analysis: SOL Price Rallying North With Eyes On $59

For the past five weeks, the Solana (SOL) price has lowered under the influence of a descending trendline. However, on June 20th, the coin buyers gave a bullish breakout from his dynamic resistance, indicating a recovery opportunity for traders. The sustained buying should bolster buyers to breach the immediate resistance of $48.3 and climb towards[Read more…]

Just-In: Solana Raises $100 Mln Fund To Court Terra Refugees

The Solana Foundation said on Wednesday that it has raised a $100 million fund to support crypto firms in South Korea. The fund is backed by the Solana treasury, as well as the blockchain’s venture capital arm, Solana Ventures, according to a report by TechCrunch. The move is intended to capitalize on South Korea’s growing[Read more…]