Crypto GuestPosts

Crypto GuestPosts

Solana trades in a range as it challenges the high of $155

Price: 10:07 am, July 10, 2024

The price of Solana has increased but is still trapped between the moving-average lines. Coinidol.com provides a cryptocurrency price analysis.

Solana long-term forecast: bearish

The cryptocurrency is struggling to resume its trend between the moving-average lines. The price of altcoins has been fluctuating between $130 to $150 since June 27. On July 3, buyers failed to keep the price above 50-day SMA. Solana hit a low price of $127, but then recovered. The altcoin trades above the 21-day SMA but below the resistance of the 50-day SMA. The value of the cryptocurrency will remain in a range for a couple more days. Solana's uptrend will resume once it crosses above the 50-day SMA. It is currently trading for $141.

Solana price indicator analysis

The price bars of Solana have returned to moving average lines. The 50-day SMA, or high of $155 has been a barrier to the upward moves. Moving average lines remained horizontal throughout the sideways movement.


Technical Indicators

Key supply zones: $200, $220, $240

Demand zones for $120, $100 and $80

What's the next step for Solana?

Solana is still in an upward correction, and it continues to rise between the moving-average lines. On the daily chart the price of cryptocurrency has crossed over the 21-day SMA two times but failed to sustain itself above the 50-day SMA. Solana is currently rising and has reached the resistance level at $155. If the altcoin breaks above the resistance, it will reach a high of $188. Otherwise, the movement will be range bound between the moving average line.


Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by Coinidol. Before investing in funds, readers should conduct their own research.

Bitcoin Price Holds Above $60.000 as Traders Fight for Price Control

Bitcoin Price Holds Above $60.000 as Traders Fight for Price Control
Jun 30, 2024, 00:11 //

After a drop in price on June 24, Bitcoin's (BTC) value is now consolidating above the psychological threshold of $60.000.

Bitcoin Price Forecast: Bearish for the Long Term

The long tail of the candlestick on June 24 indicates a significant amount of buying pressure in the lower price range. The biggest cryptocurrency is consolidating within a narrow price range of $60,000 to $63,000. Both bulls and bears compete for control of the price.

If the bears breach the current support level of $60,000 then Bitcoin will drop to a minimum of $56,710. The bearish momentum is expected to extend up to the psychological threshold of $50,000.

Bitcoin's positive trend will continue if buyers maintain the price above moving average lines, and the $66,000 resistance level.

Bitcoin indicator reading

BTC's price has been trapped in a moving average on the 4-hour chart for the past 48 hours. The bears could resume their selling pressure now that they have broken down below the SMA of 21 days. The cryptocurrency will move lower if the bears breach the psychological price level.

Technical indicators

Key Resistance Levels - $70,000 $80,000

Key Support Levels - $50,000 and $40,000.


What is the future direction of BTC/USD?

The chart for the 4-hour period shows that Bitcoin trades in a tight range between $59,000 to $62,000. Bitcoin is trading above the current support of $60,000. Bitcoin will continue to fall if the support level at $60,000 is lost.

Bitcoin's price fell below $64,000 on June 27, causing the largest cryptocurrency, Bitcoin, to reach a low of over $58,555. This was reported by CryptoGuestPosts.


Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

Live in Times Square – Guest Post Syndicated

Live in Times Square - Guest Post Syndicated
Celebrating the completion of MCIL this week in New York City, NOTICENINJA's CEO and Cofounder, Amanda Reineke, was featured on Morgan Stanley's jumbotron in the center of Times Square. "The journey has been a once in a lifetime experience that has poised Notice Ninja, Inc. for scaling success," shared Amanda, [PR.com]...

Join the Digital Asset Congress 2024 in Reykjavik: Unveil the Future of Digital Real Estate and the Creator Economy. – Guest Post Syndicated

Join the Digital Asset Congress 2024 in Reykjavik: Unveil the Future of Digital Real Estate and the Creator Economy. - Guest Post Syndicated
The Digital Asset Congress 2024, set for September 23-25 in Reykjavik, Iceland, offers a deep dive into Digital Real Estate and the Creator Economy. With sessions spanning from fireside chats, breakout roundtables, and daily Icelandic excursions, the event promises unparalleled insights and networking opportunities. Secure your spot with early bird registration for special rates. [PR.com]...

Solana’s Rebounds Exceed $128 as the Bulls mount a strong defense

Solana's Rebounds Exceed $128 as the Bulls mount a strong defense
Jun 19, 2024, at 05.14 // Price

Solana (SOL), continues to trade above the $128 support, but below the $180 resistance. CryptoGuestPosts provides a price analysis.

Solana Price Long-term Outlook: Bearish

The $180 barrier has stopped the upward trend twice. The cryptocurrency is trading under the moving average but above the $128 resistance. The upward movement begins if buyers maintain the price above moving average lines, or $180 resistance.

Solana's price is currently rising above its current support level of $128. Solana's price could drop if bears breach the $128 support level. Altcoins will crash to their previous lows of $116. Solana was trading at $138 when this article was written.

Solana Price Indicators: Analysis

After the rejection of $180, the cryptocurrency's price bars have fallen below the moving-average lines. Solana is therefore at risk of further decline. The altcoin is now above the $128 support level. The future of cryptocurrency prices is unknown.

Technical indicators

Important Supply Zones: $200, $220 and $240

Important demand zones: $120, $100, $80


What's Solana next move?

Solana's 4-hour chart shows a series lower highs, and lower lows after its rejection at $175. Altcoin dropped to $128 and then rebounded. SOL bounces as it approaches $126. The crypto signal is showing a sideways movement.


Disclaimer. This analysis and forecast is the personal opinion of the author. It does not constitute a recommendation for the purchase or sale of cryptocurrency, and should not therefore be considered as a endorsement by CryptoGuestPosts.com. Before investing in funds, readers should conduct their own research.

TRON oscillates and approaches the high of $0.118

TRON oscillates and approaches the high of $0.118
Jun 14, 2024, 19:26

Since May 28, the price of TRON has traded below its moving averages.

TRON Price Forecast: Bearish

On the 7th of June, the cryptocurrency recovered from its lows and crossed over the moving averages. Price of cryptocurrency fluctuates between moving averages, as it is stuck in a range. TRON currently trades at $0.116.

The altcoin trades above the 21-day SMA but below the SMA 50-day. TRON can reach a high of $0.05 if it is held above the 50-day SMA. If the altcoin loses its support from the SMA of 21 days, it will drop to $0.11 as the previous low.

TRON is caught in the middle of the moving average line.

TRON indicator reading

Price bar is between moving averages, as it is stuck in a range. Altcoins are also trading between $0.114 and $0.119. The altcoin's trend will begin when the moving average line is broken.

Technical indicators

Important Supply Zones: $0.13. $0.14. $0.15

Important demand zones: $0.10, $0.09, $0.08


What's the next step for TRON?

TRON is trapped between moving average lines. Altcoins had previously fallen to a low price of $0.109, before recovering. Moving average lines stopped the rising trend. The cryptocurrency will begin to trend upwards if it breaks out from the moving average lines.

Last week CryptoGuestPosts stated that TRX had returned to its trading range, which indicated a sideways movement. TRX was trading between $0.10 - $0.122.


Disclaimer. This analysis and forecast is the personal opinion of the author. It does not constitute a recommendation for the purchase or sale of cryptocurrency, and should not therefore be considered as an endorsement from CryptoGuestPosts.com. Before investing in funds, readers should conduct their own research.