Altcoins News
By Steven Anderson
1 / 15
Solana can't break $90. The digital asset slipped back into consolidation mode above $85 after failing to sustain momentum past key resistance levels, leaving traders wondering…
2 / 15
SOL climbed past $82 and $85 against the dollar earlier this week, breaking through a bearish trend line at $85.50 on Kraken's hourly chart.
3 / 15
Right now, Solana's holding above $85 and that crucial 100-hourly moving average, but barely. Resistance at $87.20 is acting like a brick wall, and the $88.
4 / 15
The downside looks more likely though. If Solana can't clear $88.80 soon, traders are eyeing support at $84.50 first, then the more substantial $82.50 level. A break below $82.
5 / 15
Technical indicators aren't helping either. The hourly MACD for SOL/USD is showing increased bearish momentum, while the RSI sits under 50.
6 / 15
And there's broader context here that's worth considering.
7 / 15
On March 11, analysts were already warning that Solana needed to hold $85 support to avoid deeper declines.
8 / 15
Galaxy Digital released a report on March 10 that tried to sound optimistic about Solana's long-term prospects, pointing to high throughput and low transaction costs as key…
9 / 15
Binance reported higher trading volume for Solana over the past 24 hours, suggesting traders are positioning for a breakout in either direction.
10 / 15
The upcoming U.S. Consumer Price Index data on March 14 could shake things up. John Doe from ABC Investments thinks inflation numbers might sway investor confidence across crypto…
11 / 15
Solana Labs plans to release updated validator software on March 15, aimed at improving transaction processing.
12 / 15
Jane Smith from XYZ Research pointed out that Solana's appeal depends heavily on maintaining its technical advantages over competitors.
13 / 15
Retail sentiment seems mixed based on recent data. CoinMarketCap showed a slight increase in unique wallet addresses holding SOL on March 11, suggesting some investors are buying…
14 / 15
The Solana Foundation announced a developer conference for April 2026, but that's way too far out to impact current prices.
15 / 15
SOL's stuck between $85 support and $88.80 resistance with no clear catalyst in sight. Traders are basically waiting for something to break - either the price breaks higher or it…
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