Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12837
Markets: 99741
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
coinpedia 2025-02-18 02:00:08

Solana (SOL) Price Prediction for February 18

Solana (SOL) Price Prediction for February 18

The post Solana (SOL) Price Prediction for February 18 appeared first on Coinpedia Fintech News Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, failed to hold strong and is now poised for a price drop. The current market sentiment appears bearish, with major assets experiencing notable declines. SOL has also broken below its crucial support level of $180. Solana (SOL) Price Action and Upcoming Level According to expert technical analysis, SOL has been gaining support from this crucial level since November 2024 and has tested it multiple times. Source: Trading View However, this time, as the asset fails to sustain, it loses this key level and closes a daily candle below $180, partially confirming a bearish move ahead. Based on recent price action and historical patterns, there is a strong possibility that SOL could witness a 15% price drop, reaching the $155 level in the coming days. $115 Million Worth SOL Outflow Following this notable breakdown, investors and long-term holders have been accumulating SOL tokens, as reported by the on-chain analytics firm Coinglass . Data from spot inflow and outflow reveal that exchanges have witnessed a significant outflow of $115 million worth of the asset, indicating potential accumulation. Source: Coinglass In this bearish market trend, such outflows can create buying pressure and potentially lead to a price rebound. However, intraday traders appear to be following long-term holders, as they seem to be betting on the long side. $45 Million Worth Long Bet Data shows that traders holding long positions are strongly dominating the asset and are over-leveraged at $174.3, with $45 million worth of long positions. With such significant open positions, this level acts as a crucial support. Conversely, $180 is another key level where traders holding short positions are over-leveraged, with $15.50 million worth of short positions. This suggests that short sellers are exhausted, which could help bulls reclaim the lost support level. Source: Coinglass Current Price Momentum SOL is currently trading near $177 and has experienced a 6% price drop in the past 24 hours. During the same period, its trading volume surged by 110%, indicating heightened participation from traders and investors amid the price decline.

Most Read News



Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
322
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.