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Solana (SOL) Price Shows Signs of Consolidation After Reaching a New All-Time High
Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year’s top performers, boasting an impressive 275.85% gain year-to-date. Recent technical indicators, including the BBTrend, DMI, and EMA lines, suggest the market may be entering a consolidation phase. This could set the stage for SOL to test key support and resistance levels as it seeks its next major move. SOL BBTrend Is Negative, But Far from Its Peak SOL’s BBTrend is currently at -1.43, recovering from its peak negative level of -8.34 on November 28....
Caught Off-Guard by the XRP Rally? Aussie Analyst Reveals Next Altcoin to Pump
XRP’s recent rally from US$0.5 to over US$2.50 has caught many off-guard; however, viewing the monthly chart reveals a steady 400% increase post-Trump’s election. Trump’s pro-crypto stance and potential changes at the SEC are most likely behind the XRP rally. Analyst Miles Deutscher suggests the next gains could come from utility coins like AI projects and DePIN. XRP has caught many off-guard with its recent rally from US$0.50 (AU$0.77) to just over US$2.50 (AU$3.87) at present. But to be fair it’s all about perspective and depends on how you look at the rally. If you look at XRP’s all-time chart,...
Why These Altcoins Are Trending Today — December 4
It’s altcoin season, and as expected, many non-Bitcoin cryptocurrencies will be on the radar of several traders. Due to this shift in momentum, the altcoin trending today’s list comprises tokens whose prices have all surged in the last 24 hours. These surges could be linked to rising demand and significant trading volumes. According to CoinGecko, the top three trending altcoins include Bertram The Pomeranian (BERT), Koma Inu (KOMA), and Hyperliquid (HYPE). Bertram The Pomeranian (BERT) On Monday, BERT was part of the trending altcoins. During that period, the token saw notable market interest as ex-Binance CEO Changpeng Zhao interacted with...
