Solana started a fresh decline from the $232 zone. SOL price is now showing bearish signs and might even decline toward the $180 support. SOL price started a fresh decline below $232 and $220 against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $204 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could extend losses if it stays below $204 and $212. Solana Price Dips Sharply Solana price failed to stay above $232 and started a fresh decline, like Bitcoin and Ethereum. SOL traded below the $220 and $212 support levels to enter a bearish zone. The bears even pushed the price below $200 and the 100-hourly simple moving average. A low was formed at $191 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $242 swing high to the $191 low. Solana is now trading below $200 and the 100-hourly simple moving average. Besides, there is a key bearish trend line forming with resistance at $204 on the hourly chart of the SOL/USD pair. If there is a recovery wave, the price could face resistance near the $200 level. The next major resistance is near the $204 level or the trend line. The main resistance could be $215 or the 50% Fib retracement level of the downward move from the $242 swing high to the $191 low. A successful close above the $215 resistance zone could set the pace for another steady increase. The next key resistance is $220. Any more gains might send the price toward the $232 level. More Losses In SOL? If SOL fails to rise above the $204 resistance, it could continue to move down. Initial support on the downside is near the $192 zone. The first major support is near the $188 level. A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 support, the price could decline toward the $174 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $192 and $188. Major Resistance Levels – $204 and $215.
The decline in BNB comes as sentiment remains poor, with the Crypto Fear and Greed Index nearing "fear" and the average RSI indicating oversold conditions.
Solana started a fresh decline from the $250 zone. SOL price is now showing bearish signs and might even decline toward the $200 support. SOL price started a fresh decline below $240 and $230 against the US Dollar. The price is now trading below $220 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $222 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could extend losses if it stays below $215 and $222. Solana Price Dips Again Solana price failed to stay above $250 and started a fresh decline, like Bitcoin and Ethereum. SOL traded below the $240 and $232 support levels to enter a bearish zone. The bears even pushed the price below $220 and the 100-hourly simple moving average. A low was formed at $207 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $254 swing high to the $207 low. Solana is now trading below $220 and the 100-hourly simple moving average. Besides, there is a key bearish trend line forming with resistance at $222 on the hourly chart of the SOL/USD pair. If there is a recovery wave, the price could face resistance near the $215 level. The next major resistance is near the $220 level or the trend line. The main resistance could be $230 or the 50% Fib retracement level of the downward move from the $254 swing high to the $207 low. A successful close above the $230 resistance zone could set the pace for another steady increase. The next key resistance is $242. Any more gains might send the price toward the $250 level. More Losses In SOL? If SOL fails to rise above the $222 resistance, it could continue to move down. Initial support on the downside is near the $207 zone. The first major support is near the $202 level. A break below the $202 level might send the price toward the $200 support zone. If there is a close below the $200 support, the price could decline toward the $184 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $202 and $200. Major Resistance Levels – $215 and $222.
As Bitcoin (BTC) continues to trade in the low $110,000 range, on-chain data shows that a fresh wave of demand has entered the market. Notably, the Net Position Change (NPC) of the youngest cohort of BTC holders has re-entered positive territory, raising hopes for the cryptocurrency to gain bullish momentum. Bitcoin NPC Back In Positive Territory According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the NPC of Bitcoin holders who have held the digital asset for less than one month has decisively flipped into positive territory. This change shows that new demand is flowing into the market at an accelerated rate. Related Reading: Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test Crazzyblockk highlighted that the 30-day change in supply held by wallets younger than one month has surged, hitting as high as +73,702 BTC on September 23. The following chart confirms the uptick following a period of negative action. It is worth emphasizing that the influx of fresh capital into the Bitcoin market is beneficial in helping to absorb the supply being sold by long-term holders (LTH). Typically, LTH refers to holders who have held BTC for more than six months. Currently, these LTH are selling their BTC at a rate of approximately -145,000 BTC, indicative of a typical bull market where early investors realize profits. The analyst added that the fact that selling pressure is being met with strong demand from new entrants is a sign of the rally’s sustainability. The CryptoQuant contributor added that the accumulation is not limited to the newest cohort. Besides the less than one-month cohort, short-term holders (STH) – investors who have held BTC for less than six months – are also accumulating. The STH NPC has changed to +159,098 BTC, cementing the robust demand for the top cryptocurrency by market cap across a spectrum of investors based on their time in the market. Crazzyblockk added: The current dynamic – where profit-taking from long-term investors is being absorbed by a new and enthusiastic wave of buyers – is a classic characteristic of a strengthening bull market. The positive flip in the youngest holder cohort is a leading indicator of broadening market participation and suggests a strong conviction among new investors. This robust demand structure is highly supportive of continued price appreciation in the near to medium term. Some Areas Of Concern For BTC While the demand for BTC from young cohorts is encouraging, some concerns still linger about the digital asset’s near-term price action. For instance, BTC exchange inflows remain elevated, raising fears of greater selling pressure. Related Reading: Bitcoin Miners Shift Strategy: Accumulation Over Selling Signals Stronger Bull Cycle Similarly, recent on-chain data shows that BTC’s current rally is primarily being led by retail investors. Bitcoin whales – wallets with significant BTC holdings – are noticeably absent from the current rally. That said, the digital asset’s fundamentals continue to strengthen as the Bitcoin network activity recently reached a new 2025 peak. At press time, BTC trades at $112,804, down 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
SHIB outperforms DOGE as the crypto market wilts.
Solana started a fresh increase above the $245 zone. SOL price is now correcting some gains and might find bids near $242 or $240. SOL price started a fresh upward move above the $242 and $245 levels against the US Dollar. The price is now trading above $240 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $240 zone. Solana Price Corrects Some Gains Solana price started a decent increase after it settled above the $232 zone, beating Bitcoin and Ethereum. SOL climbed above the $240 level to enter a short-term positive zone. There was a break above a key bearish trend line with resistance at $240 on the hourly chart of the SOL/USD pair. The price even smashed the $245 resistance. The bulls were able to push the price above the $250 barrier. A high was formed near $253 and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the upward wave from the $232 swing low to the $253 high. However, the bulls were active above $242. Solana is now trading above $242 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $248 level. The next major resistance is near the $254 level. The main resistance could be $255. A successful close above the $255 resistance zone could set the pace for another steady increase. The next key resistance is $268. Any more gains might send the price toward the $272 level. More Losses In SOL? If SOL fails to rise above the $248 resistance, it could start another decline. Initial support on the downside is near the $242 zone and the 50% Fib retracement level of the upward wave from the $232 swing low to the $253 high. The first major support is near the $240 level. A break below the $240 level might send the price toward the $232 support zone. If there is a close below the $232 support, the price could decline toward the $220 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $242 and $240. Major Resistance Levels – $248 and $255.
The SHIB-DOGE pair has fallen to its lowest level since November 2021, continuing a downtrend from March 2024 highs.
BNB has surpassed SOL to become the fifth-largest cryptocurrency by market capitalization.
BNB outperformed the wider crypto market, which has been cautious ahead of the Federal Reserve's interest-rate decision.
Two prominent crypto analysts point to bitcoin’s lag versus gold and the S&P 500 as well as the "Uptober" trend as reasons to be bullish on BTC.
The Federal Reserve's expected rate cut could lead to a significant DOGE rally relative to bitcoin, driven by a bullish inverse head-and-shoulders pattern.
Solana started a fresh increase above the $240 zone. SOL price is now consolidating gains below $240 and might aim for another increase if it stays above $230. SOL price started a fresh upward move above the $240 and $242 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $238 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $230 zone. Solana Price Consolidates Gains Solana price started a decent increase after it settled above the $220 zone, beating Bitcoin and Ethereum. SOL climbed above the $235 level to enter a short-term positive zone. The price even smashed the $242 resistance. The bulls were able to push the price above the $245 barrier. A high was formed at $250 and the price recently started a downside correction. There was a move below the 23.6% Fib retracement level of the upward wave from the $200 swing low to the $250 high. However, the bulls were active above $230. Solana is now trading below $240 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $238 level. Besides, there is a key bearish trend line forming with resistance at $238 on the hourly chart of the SOL/USD pair. The next major resistance is near the $242 level. The main resistance could be $250. A successful close above the $250 resistance zone could set the pace for another steady increase. The next key resistance is $262. Any more gains might send the price toward the $280 level. More Downside In SOL? If SOL fails to rise above the $238 resistance, it could start another decline. Initial support on the downside is near the $232 zone. The first major support is near the $229 level or the 50% Fib retracement level of the upward wave from the $200 swing low to the $250 high. A break below the $229 level might send the price toward the $220 support zone. If there is a close below the $220 support, the price could decline toward the $212 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $229 and $220. Major Resistance Levels – $238 and $250.
Altcoin Sherpa highlights SOL's relative strength against ETH, while CoinDesk Research points to key support around $233 and a trading ceiling near $238.
Corporate treasuries now hold around 828,900 BNB, worth roughly $770 million, with several companies, including CEA Industries, pledging to accumulate the cryptocurrency.
Mark Newton sees ether dips toward $4,375 as buying opportunities before a rally, while recent trading shows heavy selling, sharp rebounds, and a key support test.
Latest price moves from crypto’s big players show the bulls are hesitating ahead of the pivotal Fed rate decision.
Solana started a fresh increase above the $232 zone. SOL price is now correcting gains below $240 and might aim for another increase if it stays above $20. SOL price started a fresh upward move above the $232 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $242 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $230 zone. Solana Price Dips Below Support Solana price started a decent increase after it found support near the $212 zone, beating Bitcoin and Ethereum. SOL climbed above the $232 level to enter a short-term positive zone. The price even smashed the $240 resistance. The bulls were able to push the price above the $245 barrier. A high was formed at $250 and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the upward move from the $200 swing low to the $250 high. Besides, there was a break below a bullish trend line with support at $242 on the hourly chart of the SOL/USD pair. Solana is now trading below $240 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $238 level. The next major resistance is near the $240 level. The main resistance could be $245. A successful close above the $245 resistance zone could set the pace for another steady increase. The next key resistance is $255. Any more gains might send the price toward the $262 level. More Losses In SOL? If SOL fails to rise above the $240 resistance, it could start another decline. Initial support on the downside is near the $232 zone. The first major support is near the $230 level or the 50% Fib retracement level of the upward move from the $200 swing low to the $250 high. A break below the $230 level might send the price toward the $224 support zone. If there is a close below the $224 support, the price could decline toward the $220 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $230 and $224. Major Resistance Levels – $240 and $245.
The drop in PEPE's value was part of a wider crypto market drawdown, with the CoinDesk 20 index losing 1.8% of its value, and memecoins being especially hard hit.
BTC's case for a rally to $120K strengthens with prices topping the 50-day SMA.
BTC and ETH 25-delta risk reversals trade negative, indicating a bias for downside protection ahead of the inflation data.
Solana started a fresh increase above the $220 zone. SOL price is now consolidating above $215 and might aim for more gains above the $225 zone. SOL price started a fresh upward move above the $212 and $215 levels against the US Dollar. The price is now trading above $215 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $222 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $225 resistance zone. Solana Price Eyes More Gains Solana price started a decent increase after it found support near the $205 zone, beating Bitcoin and Ethereum. SOL climbed above the $212 level to enter a short-term positive zone. The price even smashed the $218 resistance. The bulls were able to push the price above the $220 barrier. A high was formed at $226 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $199 swing low to the $226 high. Solana is now trading above $215 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $222 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $225 level. The next major resistance is near the $232 level. The main resistance could be $235. A successful close above the $235 resistance zone could set the pace for another steady increase. The next key resistance is $245. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $225 resistance, it could start another decline. Initial support on the downside is near the $222 zone and the trend line. The first major support is near the $212 level or the 50% Fib retracement level of the upward move from the $199 swing low to the $226 high. A break below the $212 level might send the price toward the $205 support zone. If there is a close below the $205 support, the price could decline toward the $200 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $222 and $212. Major Resistance Levels – $225 and $235.
Bitcoin surged past $113,600, confirming a bullish inverse head and shoulders pattern.
Solana started a fresh increase above the $215 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $205 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance zone. Solana Price Eyes Upside Break Solana price started a decent increase after it found support near the $202 zone, beating Bitcoin and Ethereum. SOL climbed above the $208 level to enter a short-term positive zone. The price even smashed the $215 resistance. The bulls were able to push the price above the $218 barrier. A high was formed at $220 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $199 swing low to the $220 high. Solana is now trading above $212 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $220 level. The next major resistance is near the $228 level. The main resistance could be $232. A successful close above the $232 resistance zone could set the pace for another steady increase. The next key resistance is $244. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $220 resistance, it could start another decline. Initial support on the downside is near the $216 zone and the trend line. The first major support is near the $210 level or the 50% Fib retracement level of the upward move from the $199 swing low to the $220 high. A break below the $210 level might send the price toward the $202 support zone. If there is a close below the $202 support, the price could decline toward the $195 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $216 and $210. Major Resistance Levels – $220 and $232.
The price has dipped back to $2.43, with support just underneath.
Binance set a record $2.63 trillion in futures trading volume in August. BNB can be used for trading fee discounts on the exchange.
ICP rebounded to $5.05 after Ignition milestone enabled on-chain LLMs, expanding blockchain’s potential for AI-powered dapps.
BONK rallied 9% in a volatile session, testing resistance at $0.000024 even as newer meme tokens gained attention.
The CoinDesk Memecoin Index (CDMEME) rose more than 11% in the week, outperforming bitcoin’s 1.4% move.
Major cryptocurrencies are flashing bullish price patterns.
Solana started a fresh increase above the $212 zone. SOL price is now consolidating above $210 and might aim for more gains above the $218 zone. SOL price started a fresh upward move above the $202 and $210 levels against the US Dollar. The price is now trading above $210 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $218 resistance zone. Solana Price Eyes Additional Gains Solana price started a decent increase after it found support near the $200 zone, beating Bitcoin and Ethereum. SOL climbed above the $205 level to enter a short-term positive zone. The price even smashed the $212 resistance. The bulls were able to push the price above the $215 barrier. A high was formed at $218 and the price is consolidating gains. There was a minor drop below the 23.6% Fib retracement level of the upward move from the $199 swing low to the $217 high. Solana is now trading above $210 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $218 level. The next major resistance is near the $220 level. The main resistance could be $232. A successful close above the $232 resistance zone could set the pace for another steady increase. The next key resistance is $244. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $218 resistance, it could start another decline. Initial support on the downside is near the $212 zone. The first major support is near the $208 level or the 50% Fib retracement level of the upward move from the $199 swing low to the $217 high. A break below the $208 level might send the price toward the $204 support zone. If there is a close below the $204 support, the price could decline toward the $200 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $212 and $208. Major Resistance Levels – $218 and $220.