For months crypto currency We see the effect of the breast coin frenzy in the solea network in its markets. One of the reasons for liquidity in altcoins was the Pump/Rug story of fraud tokens in the solana network with Pumpfun -style platforms. Now the left coin has turned its direction down with the emergence of fraudsters on the network.
The decline in solana price
Left Coin, which continues with a decrease of 9 percent to the day, is losing value due to controversial players on the network. With the LIBRA incident, anger began to vomit the crypto community Solana, which triggered an increase in the deduction positions. When the article is prepared, the left finds buyers for $ 168.
Traderxo wrote about the current situation;
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
“When the price passes from a level ($ 180) that I want to see a reaction, I see that sellers are superior to here. The weekly RSI is traded below 50 this year for the first time and adds weight to the change in the context/natural weakness.
The weekly trend browser seems to be toppled.
PURCHASE: Personally, I will continue the trading levels on both sides of the market from the trading perspective – Before performing any longing on Solana Bitcoin
$95,771.38I want to see what he’s doing. “
Jelle BTC It focuses on the weakness that attracts attention in the parity.
“Left/BTC breaks down from the basic support, but it needs to go 2D15H before the candle is closed. I would wait for the candle to close before the result – this could also be closed with a locked bulldiv in support. ”
If the discussions about the Solana network continue to increase, the losses may accelerate.
Bitcoin (BTC) Comment
Today Ftx Returns begin and we’ll see that Trump is probably talking to Musk about the crypto later. As we mentioned on Sunday, it is likely that FOMC minutes on Wednesday and the US PCE data, which will be announced next week, will continue to print on the markets.
Poppe reiterated the opinion that 30-40 %corrections are now behind by sharing the above graph.
“Bitcoin It is still consolidated in the lower parts of the range. I think we’ll see that you’ve been back soon, if we reach the lower limits, that’s where you want to step. I don’t think we will see a deep correction of 30-40 %in these markets. ”
BTC At the time of preparation, at 95,700 dollars and ETH fell below $ 2,700 by returning yesterday’s earnings.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.