Kryptomarkederne faldt over hele linjen tirsdag, efterhånden som bjørne igen kom ind på markedet, efter stærke stigninger i mandags. SOL var en af de tokens, der faldt, da den tabte lige over 10% af dens værdi. NEAR also slipped by over 10% during the session.
Indhold
Solana (SOL)
SOL was one of the most notable tokens to fall during today’s session, as crypto markets fell victim to the latest bearish wave.
The world’s ninth-largest cryptocurrency dropped to an intraday low of $48.29 på tirsdag, following a peak of $54.25 the day before.
As a result of this move, SOL/USD fell marginally below its support level at $48.50, as bears triumphed for a second day in succession.
Prices of the solana token have now been consolidating for the past twelve days, following strong declines to start the month.
Ser på diagrammet, the Relative Strength Index (RSI) is currently tracking at a resistance point of 36.45, which hasn’t been truly broken since May 3.
Som i skrivende stund, the index resides at 34.64, with its support point around the 33 region and SOL is now trading at $48.29, which is 9.87% lower than yesterday’s high.
NEAR Protocol (NÆR VED)
NEAR was relegated to the #23 position in the cryptocurrency top 25, as prices fell by over 10% during today’s session.
Following a high of $6.44 på tirsdag, NEAR/USD slipped to an intraday bottom of $5.56 tidligere på dagen.
Similar to solana, NEAR has also moved back towards its support point of $5.60, which is relatively close to its 11-month low of $3.57.
Although bears might be keen to recapture those lows, prices are currently oversold, and are tracking close to a floor of 28.
With the 14-day RSI currently at 30, we could see a move towards the floor, imidlertid, bulls will likely use this as an ideal point to “buy the dip”.
Do you expect SOL/USD to fall further as the week goes on? Fortæl os dine tanker i kommentarerne.
Billedkreditter: Shutterstock, Pixabay, Wiki Commons
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