Solana

Solana co-founder calls for regulatory clarity

Journalist Posted: September 20, 2023 Solana co-founder Anatoly Yakovenko expressed his thoughts on the importance of regulatory frameworks. Solana short-term descending resistance breakout heralded good news for bears. While blockchain technology represents the next step in the natural progression of digital tech, it has not been a smooth ride. Solana’s [SOL] co-founder, Anatoly Yakovenko, recently …

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Solana: Can sellers hijack SOL’s latest recovery?

Journalist Posted: September 15, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The daily chart market structure was bearish unless SOL go beyond $20.60 Massive sell/buy limit orders were placed at $20 and $17, respectively.  Solana [SOL] recorded an impressive recovery …

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Solana eclipses XRP & DOGE in this metric, but it’s not all good news

SOL liquidity increased but its price has not been stable. Traders’ bullish sentiment could not stop a $3.90 million liquidation. Solana [SOL] has become one of the altcoins with really high liquidity on Coinbase, according to market research platform Kaiko. Having high liquidity sometimes enables price stability and less volatility.  Realistic or not, here’s SOL’s …

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Solana [SOL] reaches range high again, can a breakout occur?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Solana snowballed to range high again with bulls determined to extend gains. Open Interest rose by 7.26% over the past day to signal bullish conviction in the futures market. Solana’s [SOL] bullish rally from …

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Solana: Is this demand zone the key to sustaining bullish uptrend?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Demand zone at key price level could be significant in reversing bearish slide. Funding rate remained positive to encourage buyers. As of press time, Solana [SOL] continued to face increasing selling pressure. This saw …

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Solana: Long-term investors can look to this level

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Solana has a strongly bullish outlook on the higher timeframe price charts. The retracement into a weekly region of interest meant buyers can look for opportunities to enter the market. Solana [SOL] has registered …

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Are Solana bears on the move?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The bulls failed to secure the breakout level of $26.85.  Open Interest rates declined, and more long positions wrecked. Solana’s [SOL] pullback extended ahead of the Fed’s rate decision on 25/26 July. After Ripple …

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