Today news
About the same in other media
Solana, Bitcoin Cash, Tron Price Analysis: 8 December
Reading now: 266
The post effects of the recent bearish move on record-high trading volumes visibly affected the overall trend. As a result, Solana, Bitcoin Cash, and Tron grappled with the 38.2% Fibonacci level.
After hitting their multi-month lows on 3 December, these cryptos have shown recovery signs but need to gather more volumes to turn the tide in their favor.
Solana (SOL)
Source: TradingView, SOL/USD
SOL lost nearly 32.6% (from 6 November) of its value as the price poked its six-week low on 3 December.
Post a down-channel breakout on 29 November, bulls breached the 38.2% Fibonacci resistance but could not sustain their pressure. The immediate pullback marked a bearish V-top, after which the price swiftly breached the six-week support at the $183-mark.
Read more on ambcrypto.comAbout this in other media
Polkadot, Solana, NEAR Price Analysis: 24 December ambcrypto.com /2 years ago
Terra, Tron, Litecoin Price Analysis: 23 December ambcrypto.com /2 years ago
Dogecoin, Solana, Bitcoin Cash Price Analysis: 23 December ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
