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The weekly trade has begun on a bearish note, with the prices of most tokens plunging close to their pivotal support levels. Bitcoin bulls tried hard to keep the rally above the support but failed as the price slipped below $82,000. Meanwhile, Ethereum and XRP prices hover around $1800 and $2, respectively.
Ethereum has struggled throughout the year, with network stagnating amidst poor leadership concerns.
An analyst who accurately called the 2022 crypto meltdown is warning that Bitcoin (BTC) and Solana (SOL) are likely to print new lows this year.
Cryptocurrencies will likely be volatile this week once President Donald Trump's reciprocal tariffs go into effect and the U.S. publishes nonfarm payroll data. The week started on a dull note, with most coins remaining in a bear market.
Solana (SOL) has dropped over 6% in the past seven days and has been trading below $150 since March 6. The current trend shows clear bearish signals across multiple indicators.
Solana Price Prediction: March was a rough ride for Solana, with a sharp correction and a dip below $130. But as April begins, there are signs of a possible turnaround.
Solana is experiencing an unprecedented surge in activity: 11.12 million active addresses. In a crypto market where actual usage now takes precedence over promises, this figure marks the return of a network that some said was losing momentum, now propelled by visible, measurable, and concrete adoption.
Solana is at a crucial turning point, battling resistance at $127.
Economic uncertainties continue to weigh on the crypto market, with fear being the prevalent emotion among enthusiasts. Even so, optimism over a trend reversal has the likes of Solana finding their footing. At the same time, internal shortcomings are further weighing on Ethereum price.
Under the March rain, Solana bends its back. But the stars whisper of a bullish spring.
The whale's massive transaction raises concerns, but Solana's network growth may provide long-term support.
Assessing the odds of SOL reclaiming the fifth largest position from BNB.
“I'm knee-deep in lawyer bills,” former wildlife park owner Joe Exotic told Decrypt from prison this week.
Solana price crashed for two straight days as the ongoing crypto market sell-off hit its meme coin ecosystem. Solana (SOL) dropped to $127 on Saturday, down by 15% from its highest point this week.
Bullish catalysts rejuvenate prospects for Cardano (ADA) and Solana (SOL) as upward momentum continues. Since upgrading its platform with smart contracts like Plutus, Cardano's ecosystem has continued to grow, drawing developers to its blockchain. Solana, backed by mania in meme coins and upward social sentiment, is targets a 96% advance.
Solana price is on the verge of a 50% decline toward $60 if it breaks down below an ascending triangle pattern and confirms a full bearish reversal. Whales appear to be preparing themselves for this decline as on-chain data reveals that these large addresses are selling SOL.
Solana (SOL) is currently holding above the $125 mark, a level that has acted as support in recent weeks. While this may appear a sign of strength, the broader sentiment around SOL remains cautious.
SOL's social sentiment is soaring on BlackRock and GameStop news, but price action signals caution. What's next for Solana?
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.
Solana has dived by 5% in the past 24 hours, with its drop to $131 coming as the cryptocurrency market responds to tariff woes by also falling by 5% today. The post Is Solana's Bull Run Already Over? $150 Resistance Refuses to Break appeared first on Cryptonews.
Analyst and trader Ali Martinez is leaning bearish on Solana (SOL) as the sixth-largest crypto asset by market cap lies about 53% below the all-time high recorded in January.
Solana (SOL) has gone down by 5% in the past 24 hours to stand at $130.83 after rejecting a move above a key resistance a couple of days ago.
Ethereum price fell below $2,000 on Thursday, March 28, as the crypto market reeled amid intense volatility and bearish pressure. This decline has shifted the attention of traders from ETH to Ethereum rivals that can record significant gains in price.
Two weeks ago, Solana validators voted down SIMD-0228, a proposal that would have significantly cut network inflation. Still, core Solana stakeholders seem interested in cutting inflation at some point, a prospect that would hurt the bottom line for validators.
