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The Solana price jumped more than 2% in the last 24 hours to trade at $187.48 as of 9:59 p.m. EST as investors slowly start to buy into the altcoin again. Despite the recent uptick, the SOL price is still down more than 6% on the 7-day time frame. Solana Price Forms A Negative Channel On The Daily Chart Daily chart for SOL/USD (Source: GeckoTerminal) A negative price channel has formed on the daily chart for the Solana price after the altcoin printed a series of lower lows and lower highs over the last couple of weeks. Should the crypto continue to trade within this negative range, it could soon test the immediate support level at $174.93. A break below this point might then lead to a plunge to as low as $158.13. This bearish thesis could be invalidated if the Solana price is able to break above the $194.41 resistance level, which is also confluent with the upper boundary of the bearish price channel. A daily candle close above this mark might then give SOL the room needed to k...

Shiba Inu (SHIB) is the leading cryptocurrency gathering central attention today. With Bitcoin noting an ebb and flow in its price, SHIB is also showing signs of fluctuations, portraying a volatile stance. Will SHIB be able to establish a robust price spot this weekend? Let’s find out. Also Read: Microsoft: Why MSFT Is Bound for $500 All-Time High in 2025 SHIB’s Current Price Path Source: Watcher Guru Shiba Inu is currently sitting at $0.00002419, down 5% in the last 24 hours. The token also noted a decline of 17% in the last 7 days, followed by a 4% decline documented in the last month. This bearish price stance of the token was primarily triggered by Bitcoin and recent fluctuations that the king of cryptocurrencies has been going through lately. Bitcoin is also hovering around, showing active signs of volatility in its price. The token has dropped to another low of $100K after briefly claiming the $107K mark. The drop has primarily been triggered due to the recent comments made ...

Bitcoin’s (BTC) sentiment appears to have turned bearish as analysts eye sub-$50,000 price targets, preparing for a crash. The leading cryptocurrency shows weakness at resistance, potentially making another lower high – continuing in a downtrend. Since reaching $73,800 and making a new all-time high (ATH) in March 2024, Bitcoin has clearly displayed a downtrend. In this context, Alan Santana, a reputable analyst, warned his followers to “prepare for a crash” down to $40,000. “Lower highs is a bearish signal. Bitcoin has also been printing lower lows. A lower high leads to a lower low in the bigger structure. This means that Bitcoin dropping now, as it is expected, would send prices below 49K. The next fib. level below 49,000 sits around 40,000 – 43,000. That’s the main target for this drop but it can go lower. Prepare for the crash.” – Alan Santana Picks for yo...