Suurimad liikujad: DOGE, SOL Hit 1-Year Lows as Cryptos Crash

DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the week.

Sisu

Solana (SOL)

SOL’s sell-off saw prices fall to their lowest level since July last year, as crypto markets were down across the board.

The world’s ninth-largest crypto token dropped by over 17% esmaspäeval, saavutab päevasisese madalaima taseme $26.45 protsessis.

This drop came less than a day after prices were trading almost $10 higher at $34.12, however with markets tanking, SOL was unable to remain above $30.

Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash
SOL/USD – Daily Chart

Üldiselt, solana is now trading lower for the fourth consecutive day, and over $120 lower than at the same point two months ago.

Despite this latest sell-off, the 14-day RSI has still yet to reach its floor of 22, and is currently tracking at 26.60.

Should this floor be reached, there is a chance we could see SOL trading at or below $20 for the first time since April last year.

Dogecoin (DOGE)

Teiselt poolt, DOGE is currently trading at its lowest point since last April, as prices dropped by over 17% today.

DOGE/USD hit an intraday bottom of $0.05355 nädala alustamiseks, less than 24 hours after trading at $0.06906.

Following a week’s worth of consolidation to start June, DOGE began to sell off from Wednesday last week, as markets prepared for the release of inflation data.

Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash
DOGE/USD – Daily Chart

Vaadates graafikut, these recent declines have pushed the Relative Strength Index to its weakest point on record.

Kirjutamise seisuga, the RSI is tracking at 21.16, which is the most oversold prices have been since DOGE’s inception in 2015.

Although many will believe that it could only be up from here, bears will likely continue to liquidate positions, sending prices lower.

Sildid selles loos

Will the DOGE rocket ship eventually lift off again? Andke meile oma mõtted kommentaarides teada.

Elijah Dambell

Eliman toob turuanalüüsi eklektilise vaatenurga, töötanud vahendusdirektorina, jaekaubanduse koolitaja, ja krüpto turukommentaator, Aktsiad ja FX.




Pildi autorid: Shutterstock, Pixabay, Wiki Commons

Vastutusest loobumine: See artikkel on mõeldud ainult informatiivsel eesmärgil. See ei ole otsene pakkumine ega ostu- või müügipakkumise küsimine, või mis tahes toodete soovitust või kinnitust, teenuseid, või ettevõtted. Bitcoin-Tidings.com ei paku investeeringuid, maks, seaduslik, või raamatupidamisalane nõustamine. Ettevõte ega autor ei vastuta, otseselt või kaudselt, mis tahes kahju või kaotuse eest, mis on põhjustatud või väidetavalt põhjustatud mis tahes sisu kasutamisest või sellest sõltumisest või sellega seoses, selles artiklis mainitud kaupu või teenuseid.

Lugege lahtiütlemine