 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Ethereum-based startup, Rated Labs, scores big with its Series A funding, as it ventures into uncharted blockchain territories. The company's growth plans encompass the introduction of new features and enhanced real-time functionalities. The post Ethereum Explorer “Rated” Secures $12.89M to Broaden its Blockchain Horizons appeared first on COINOTAG NEWS .

Ethereum Explorer “Rated” Secures $12.89M to Broaden its Blockchain Horizons

Rated Labs, a crypto startup that offers infrastructure datasets for Ethereum, has raised $12.888 million in Series A funding.

Ethereum explorer Rated raises $12.89 million to expand to other blockchains, including Polygon and Solana

Solana (SOL) has managed to impress investors with its excellent performance in 2023. Similarly, Chainlink (LINK) has surged significantly throughout the year, forging new partnerships. Meanwhile, crypto market analysts are eying VC Spectra (SPCT) for a potential 900% gain in the near future. Let’s compare these three top performers of the 2023 crypto landscape and ... Read more

Solana (SOL) and Chainlink (LINK) are Front-Runners in Investor Choice, yet VC Spectra (SPCT) Forecasts Superior Profits

Solana (SOL) has found itself in the midst of a price battle, with neither bulls nor bears able to establish dominance. The daily charts have revealed a story of indecisiveness, characterized by the formation of neutral doji candles. This hesitation in price movement follows a previous sharp decline, indicating that the bearish momentum is losing steam. Despite the cautious optimism among bulls, the recent price action has been far from encouraging. The $21 resistance level proved to be a formidable barrier that buyers struggled to breach. This resistance level has been a key focal point for traders, as it represents a crucial milestone for SOL’s bullish aspirations. As of now, SOL is trading at $19.05 according to CoinGecko, reflecting a 1.6% decline in the past 24 hours and a 5.2% dip over the last seven days. While these figures may seem discouraging, there is still a glimmer of hope for those betting on a bullish reversal. Related Reading: Cardano $0.24 Support Test: Can ADA Price Reverse Its Downward Trend? Solana Watch: Key Metrics To Watch Amidst the market’s uncertainty, technical analysts have identified an intriguing pattern on the daily time frame chart—a potential inverted head and shoulders pattern. This pattern is often regarded as a bullish reversal indicator, and its completion could be a sign of better days ahead for SOL. The pattern consists of three main parts: a left shoulder, a head, and a right shoulder. The recent pullback in SOL’s price is seen as the completion of the right shoulder, setting the stage for a potential rally. The key support level to watch is $19 which, if held, could pave the way for SOL to retest the neckline resistance at $20.80. SOL registers a market cap of nearly $8 billion today. Chart: TradingView.com Indicators Signal Caution While the inverted head and shoulders pattern offers a glimmer of hope, traders must remain cautious. The Relative Strength Index (RSI) has been lingering below the neutral 50 level in recent days, suggesting that bearish sentiment still holds sway. Additionally, the On-Balance Volume (OBV) has struggled to break through local resistance despite multiple attempts in September, indicating that sellers may still have the upper hand. SOL seven-day price movement. Source: Coingecko To flip the market structure bearishly, a price report notes SOL would need to breach the $18.58 level convincingly. Until then, the possibility of SOL forming a short-term consolidation range before making a potential upward move remains on the table. However, the current evidence suggests that sellers are not ready to relinquish control just yet. Related Reading: Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again? The emergence of an inverted head and shoulders pattern provides a glimmer of hope for bullish traders, but caution is advised as key indicators signal ongoing uncertainty in the market. The coming days will likely determine whether SOL can break free from its current range and embark on a path toward higher prices. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Shutterstock

Solana Bulls Struggle To Break $21 Barrier – What Lies Ahead?

The post SOL Price Analysis: Why Solana Can Fall To $17 This Week? appeared first on Coinpedia Fintech News Failing to sustain a bullish trend above $20, the SOL price undergoes a downtrend motion, leading to a death cross. Moreover, the Solana price bearish trend occurs in a falling channel pattern, creating constant lower-high formations. Currently, the falling prices take rejection from the 50-day EMA with increased supply to break under the 61.80% Fibonacci …

SOL Price Analysis: Why Solana Can Fall To $17 This Week?

On September 26th, the cryptocurrency markets failed to recover, and despite the good news, BTC weakness continues as the article is being prepared. The SEC has begun to be pushed by members of the House of Representatives to approve ETFs. The post Crypto Expert Kaleo: Dramatic Process Approaching for BTC, ETH, SOL appeared first on COINTURK NEWS.

Crypto Expert Kaleo: Dramatic Process Approaching for BTC, ETH, SOL

Solana (SOL) has been experiencing a downtrend since the end of July. The TVL of the network has also been on a decline for a while. The post Solana Price Analysis: Will the Downtrend End at $20.6? appeared first on COINTURK NEWS.

Solana Price Analysis: Will the Downtrend End at $20.6?

SOL's open-source nature of the endeavor may facilitate more developer interest in the network. An outcome that could potentially turbocharge Solana’s ecosystem growth.

Will Solana’s latest efforts promote SOL’s TVL stability? This data shows…

Cognizant of their DeFi struggles, Solana protocols adopt innovative tactics and partnerships to overcome hurdles and broaden its user community.

Solana looks to reignite interest in its DeFi sector

XRP and Solana were outliers this week with inflows of $0.66 million and $0.31 million respectively.

Watchers	40,481
52-Wk Low	$0.00
52-Wk High	$0.00

SOL.X Solana

About

Feed

News

Sentiment

Fundamentals

Sentiment

Message Volume

Community