85.730USD
Today
+0.65%
5 Days
-5.61%
1 Month
+0.19%
6 Months
-35.81%
Year to Date
-30.81%
1 Year
-48.89%
Opening Price
85.200Previous Closing Price
85.180The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
While Goldman Sachs' sell-off has dealt a blow to the altcoin market, it does not imply that altcoins are headed toward zero. Historical experience shows that while many small-cap altcoins have indeed gone to zero during bear markets, SOL and XRP are of relatively high quality. The probability of such an extreme event occurring to them is minimal, especially considering they have successfully weathered previous bear markets.

Solana (SOL) price trades below $85 on Wednesday, extending its pullback following last week’s correction. Despite the recent price pullback, institutional demand appears to be stabilizing, with spot Exchange Traded Funds (ETFs) recording their second day of positive flows so far this week.

The broader cryptocurrency market is under intense selling pressure as Bitcoin (BTC) slipped below $77,000 on Monday, triggering a bearish cascading effect in altcoins.

Solana (SOL) hovers below $85 at press time on Monday, trading in the red for the fourth consecutive day. SOL derivatives lose retail participation as the broader cryptocurrency market declines, even as steady inflows into SOL-focused Exchange Traded Funds (ETFs) occurred last week.

Solana (SOL) price rebounds, finding support around the key technical level near $94 on Wednesday. Strong institutional demand, with spot SOL Exchange Traded Funds (ETFs) recording inflows for the seventh consecutive day, hints at a potential rally ahead.

Solana (SOL) trades slightly lower at around $93.82 on Monday, after surging nearly 15% the previous week. This price rally was supported by strong institutional demand, with spot Exchange Traded Funds (ETFs) recording inflows of over $39 million last week.

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