CandleFocus Solana Falls Short of $300 Breakout as SOL Sellers Dictate Price Movement
2024-12-13
Author: Content Editor
The article discusses the current state of Solana (SOL) and analyzes whether it will experience another decline or not. The Balance of Power (BoP) indicator and the Chaikin Money Flow (CMF) indicator both suggest that Solana sellers have dominance over buyers, indicating potential bearish momentum for the cryptocurrency. The SOL price has been trading within a descending channel and has slipped below a key support level, signaling the possibility of a significant correction. However, if buyers take over, the price could rise to $264.66 or even reach $300 in a highly bullish scenario.
Related News
Coinbase Hit with $1 Billion Lawsuit Over Wrapped Bitcoin Ubisoft Integrates Ethereum Name Service for Captain Laserhawk Universe BSCS Global Secures #3 Spot in World’s Best Crypto Launchpads and IDO Platforms Pudgy Penguins Surpass Bitcoin; Floor Price Breaks $100K Crypto Whales Bought These Altcoins in the Second Week of December 2024 Satoshi Era Bitcoin Investor Gets 2 Years in Prison for Tax Evasion Telegram Game 'TapSwap' Sets Token Launch and Airdrop for January WhiteBIT’s Rapid Expansion: 60 New Collateral Assets Fuel Growth, Total Reaches 80+ Solana teams pick up on debanking narrative Phala Network Partners with NeurochainAI to Support Decentralized GPU Compute and Access Could Bitcoiners embrace BlueSky, an X alternative that hit 25M users? 3 New Cryptos Launched This Week to Keep an Eye On MSTR to enter Nasdaq 100? We’ll know soon. Bitcoin’s $19.8B options expiry is coming up — What does it mean for BTC price? Crypto Council for Innovation CEO Sheila Warren plans to step down in January Crypto Trader Claims Bitcoin’s Uptrend Is Still Intact, Updates Outlook on Top XRP Rival Bitcoin Stuck Between $99K And $102K – Analyst Explains Macro Situation Magic Eden (ME) Price Drops to All-Time Low as 80% of Claimers Already Sold Their Coins Republicans nominate pro-crypto reps to lead key House committees What changes for Cosmos after Skip acquisition? 5ireChain Welcomes Umbrella Network as its Exclusive Oracle Partner to Deliver Next-Level Price Feeds XRP Buy Signal! Whales Acquire 590 Million Tokens IQ.wiki and BLOCX Collaborate to Enhance Security and Accessibility Ethereum ($ETH) Price Could Break $5,000, Says Leading Crypto Analytics Firm ETH staking ETFs have potential to surpass Bitcoin ETF: Bitcoin Suisse 'Off the Grid' Game Studio Launches GUNZ Foundation With Delphi, Paving Way for Token Senator Lummis & Scott Besent Meet to Discuss Strategic Bitcoin Reserve Bitcoin price 2025 cycle target ‘minimum’ starts at $175K — Analyst Understanding the debate around based rollups What is the next MicroStrategy catalyst after NASDAQ 100? Solana (SOL) meme tokens reawaken, BONK leads, while AI16Z breaks above $1B market cap Pantera founder: ‘Bitcoin is better than gold’ as a reserve asset BabyDoge Applies for Coinbase Listing, Price Surge Expected Solana investors HODL amid bullish expectations: Glassnode What is Hedera Hashgraph? HBAR crypto explained Solana Price Eyes 100% Gain: Is the Rally Sustainable? CleanSpark to raise $550M via bond, not buy BTC with proceeds Grayscale Opens Another Surprise Altcoin to Exclusive Investors Market structure bill on agenda in first 100 days — Rep. French Hill Famous Analyst Talks About the Recent Rise in Bitcoin and the Fate of BTC! “That’s Insanity” Cardano (ADA) Price Stabilizes After Strong Correction, Whale Activity Signals Recovery Bitcoin Whales Dump $400 Million, Casting Doubt on BTC Rally Price analysis 12/13: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB Perianne Boring Predicts Trump’s 2025 Economic Policies Will Drive Bitcoin Price to $800K PENGU: Everything You Need to Know About the Pudgy Penguins Solana Token and Airdrop AI memecoins will become utility tokens $0.47 Resistance in Focus as Dogecoin Forms Classic Double Bottom Chart Pattern Top 3 Artificial Intelligence (AI) Coins of the Second Week of December 2024 KaJ Labs Invests $100 Million in AI Tools for the XRP Ecosystem Bitwise Issues Epic Coinbase, MicroStrategy Prediction for 2025: Details What Is Shibarium? How It Works & Latest News imgnAI Launches NAIFU Token to advance unfiltered AI in Web3 BONK Struggles To Sustain Gains As Selling Pressure Mounts Spanish Bank Allocates 2% to Bitwise Aptos Staking ETP Shiba Inu (SHIB) on Verge of 17% Crash, According to Bollinger Bands Bitcoin Pullback Holds Critical Support: Can $97,000 Hold the Line? Hedera’s HBAR price may jump 215% to $1, analyst predicts Could Hedera’s HUSD Fill The Gap Left By USDT’s EU Exit? ChatGPT Can Now Watch and Interact With You in Real Time HyperGPT Teams Up With Renta to Revolutionize the Rental Ecosystem with Web3 & Blockchain Technology Here’s why WazirX’s WRX token price is pumping CoinGecko: Bitcoin Outpaces Traditional Assets in Long-Term Returns Avalanche Unveils Timeline for Major Upgrade to Go Live Crypto Mining Is Allegedly Causing Blackouts in Iran XRP price slowly forms a bullish pattern: can Ripple hit $5 Lolli Founder Alex Adelman Bridges Bitcoin and Shopping Ripple's XRP to be Listed on Arkham Exchange, XRP Surge to $3? BREAKING: Developers of This Altcoin Sue Coinbase Over Delist Decision NEAR Snap Brings Non-EVM Features to MetaMask for the First Time Is AAVE Price Oversold After a 48% Weekly Surge? Why Chainlink Price Could Rise to $800 in the Next Cycle? LUNC News: Terra Luna Classic Votes on Key Proposal Ahead of Upgrade Bitcoin Technical Analysis: Is $103,000 the Final Hurdle Before a Massive Rally? Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap) ChatGPT says Ethereum price will hit this target by December 31, 2024 Solana trader turns $112k into $38k in three minutes with common mistake MegaETH developer raises $10 million in 3 minutes on Cobie's Echo Bybit pauses EEA operations due to changing regulations, anticipates compliance 'Superior intelligence is no longer exclusive to humans': Freysa AI agent reflects on crypto challenges Dogecoin fractal hints at 85% DOGE price rally amid whale accumulation Mapping Injective’s path from $25 to $35: Is an INJ rally within sight? Crucial Bitcoin Revelation Made by Michael Saylor: 'We Are All Competing' for This Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns If you invested $1,000 in Dogecoin at the start of 2021, you’d have this much now Bitcoin (BTC) Price Prediction for December 13 Michael Novogratz's Galaxy Appoints Former Point72 Exec as CFO Ethereum (ETH) Price Prediction for December 13 Bitcoin to Continue Outperforming Other Cryptos, McGlone Predicts Lido DAO breakout: Here’s why a rally towards $3.50 looks promising Fed signals one more rate cut in December, CME tool shows 96.9% probability Why These Altcoins Are Trending Today — December 13 ARB Bulls Aim Higher as Bears Block $1.06 in Volume-Driven Market COTI Announces Strategic Partnerships with Axelar, Halborn, and Buidlbox Bitcoin holds strong above $100k as corporate executives offload stocks Can XLM Soar 360% to $2? Here’s Why This Analyst Thinks So Best crypto payment gateways to explore in 2025 Riot Acquires 5,117 Bitcoins, Boosting Holdings to $1.68 B GT Protocol Teams Up With Funton.ai: Building the Future of GameFi with AI-Powered Innovation ‘Shrapnel’ Game Studio Names New CEO, Reveals Fundraising Plans Can Bitcoin Hold Its $100K Value? The Role of Institutional Investors and ETFs Transak Launches ‘Transak Stream’ to Revolutionize Crypto-to-Fiat Off-Ramping BitBoy Predicts Two Timelines for XRP to Hit $4.5 Dogecoin Whales Buy 160M DOGE, Will Price Reach $1 Soon? Ethereum ETFs Surge in Popularity Amid $1.5 Billion Investment How crypto IPOs could bring back retail Ethereum Gas Fee Back to Historic High: Detail Hyperliquid (HYPE) trades near all-time high as DeBridge deposits to its native DEX open How A Bitcoin Fear and Greed Index Trading Strategy Beats Buy and Hold Investing Ethereum (ETH): Is $4,000 Still Possible? Mark Cuban says ignoring crypto cost his friend Kamala Harris the US election Japanese Politician SATOSHI Questions Global Bitcoin Reserve Strategies GRIFFAIN founder’s meme coin BLINK surges above 200% in 24 hour trading Gala Games Token Set for a 1,233% Surge Opportunity Sui expands its blockchain ecosystem with ESG backed RWA tokenization Kaia Network to Launch Mini Dapps in Q1 2025, Bridging Web3 to LINE Messenger ELYSIA Brings RWA Tokenization to XRP Ledger With TBILL Tokens 2.4 Trillion Shiba Inu (SHIB) in 24 Hours: Are Whales Bullish? XRP Large Investors Accumulate $1.29 Billion Tokens Amid Market Uncertainty Dogecoin Price Forming Double Bottom: $1 Could Be Next What’s better than buying Bitcoin? Cheap altcoins that could rally this cycle Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty FLOKI Price Up 9%: Is a Breakout Above Resistance Imminent? How a Bitcoin ATM Operator Thinks Hackers Accessed Personal Data for 58,000 Users 20,168,692 Dogecoin (DOGE) Liquidated in 24 Hours, What Happened? VeChain Breaks Key Resistance: Is $0.10 the Next Target for VET? Ethereum’s Total Value Locked Hits Record High, Gains $7.79 Billion in a Week 3 Cryptocurrencies That Reached All-Time Highs Today — December 13 Dogecoin Warns Community of Important Update for Holders: Details Astar Network Expedites Soneium Integration with Pre-Deposit Campaign ‘Astar Surge’ Why Analyst Predicts JUP Will Hit $2.43 Soon ? BlackRock Closes the Door on Altcoins: "Only Bitcoin and Ethereum!" Bitcoin (BTC) in 'Pain' Mode, Top Analyst Explains VeChain Announces Renaissance: New Tokenomics and PoA 3.0 for Future Growth Vanar x Movement Labs: Unlocking 10x More Resources for Blockchain Builders Lista DAO Adopts Chainlink Standard for Enhanced Verifiable Market Data Binance (BNB) Reclaims $700: Can the Recovery Push Beyond $800? VANA token skyrockets more than 2700% after Binance Launchpool announcement Here’s why Sui could repeat Solana’s 2021 rally this cycle 5 Reasons Cardano Will Set New ATH During the 2025 Bull Run Crypto can’t thrive on VCs and FOMO forever | Opinion Chainlink Price: Does Trump’s LINK Accumulation Hint BlackRock Partnership? Real Bitcoin (BTC) dominance falls against other proof-of-work coins Elon Musk Strikes PEPE Community With Unexpected Hot Tweet Top Analyst Says Cardano $500B Market Cap with $14 Price Possible Here is Good Sign an XRP ETF is Coming: Bitboy Bitcoin could hit $160K in 2025, fueled by improving macro conditions Governments And Large Institutions Can Buy All The Bitcoin They Want (Except Yours) Daily Market Review: BTC, ETH, LDO, ENS, OP Holdstation launches A(i)gentFi, the first AI agent hub on ZKsync GALA Sets Sight on New ATH Target as JASMY Price Chart Suggests More Strength in Price Toncoin Is In A Range And Targeting The High At $7.00 SUI Hits All-Time High with Record $555M DEX Volume, Eyes $6.61 Target Why is AVAX Price UP while the Market is DOWN? JUST IN! Listing Announcement from Binance for Altcoin Pumped by CZ! Ethereum's Buterin Acknowledges Argentine Peso's Comeback Can Pepe Coin Price Actually hit $1? Long-Term Crypto Forecast: Aave Aiming for $1,700 Rally ChatGPT and Google Gemini Predict How High Dogecoin Price Could Rise After Trump’s Inauguration Societe Generale Conducts Blockchain-Based Repo Transaction With French Central Bank Bitcoin Eyes Breakout Rally to $107K Amid $597M ETF Inflows How Many Times Will the FED Cut Interest Rates in 2025? When Will It Stop? Here are the Renowned Economist’s Predictions Cardano Foundation Regains Complete Control After X Account Breach Bitcoin Miners Focus on Accumulation Strategy CoinRank Partners with Don’t FOMO for Next-Gen Blockchain & Web3 Gaming Market Sentiment Wavers as ARB Tops December Token Unlocks Velodrome Finance (VELODROME) Surges Over 200% on Binance Listing Announcement BNB Chain MVB Program Returns With Exciting Season 9 Launch How much you’d have if you invested $1,000 in Bitcoin when Bill Gates said he’d short BTC ZKsync targets 10K TPS and sub-zero fees by 2025 roadmap goals IQ launches decentralized autonomous AI agents for conversational trading execution Bitcoin analysis: Start selling BTC when this key metric hits 4% Ledger Security in Question After $2.5 Million Stolen from Nano S Wallet Rising Demand Fuels SUI’s $5 Breakout Hopes Why Is the Crypto Market Down Today? Avalanche raises $250 million to launch the Avalanche9000 update Expert Predicts Timeline for XRP Crash to $1.50 and $0.50 Roger Ver Accuses U.S. of Attacking Bitcoin Hong Kong’s crypto broker OSL adds support for TON into OTC services Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield MicroStrategy’s Bitcoin Strategy: Inspiring MARA and RIOT, But at What Cost? Can Aave Maintain Its Momentum and Continue the Bullish Trend? VIRTUAL Token Hits All-Time High as Trading Volume Exceeds $220 Million BLOCKLORDS Announces Partnership with DeepLink to Enhance Gaming Experience TRON Rises, But Remains Stuck At The High Of $0.28 Axie Infinity and Chainlink Highlight Altcoin Profitability Divide $2.7 Billion in Bitcoin and Ethereum Expired: What's Next? Sui Hits All-Time High as Backpack Integration Drives $466M DEX Surge EU digital euro lead Stefan Berger quits to quell sabotage allegations $50 Million Radiant Capital Hack Traced to North Korean Cybercriminals LDO Price Pumps Over 185% as Result of Grayscale Adding LidoDAO to its Trust Products Ripple CTO Explains XRP Burn Mechanics Behind Ripple USD Stablecoin Crypto exchange Gate.io dismisses rumors of security breach WazirX hack victims to see relief soon? On-chain data sparks hope Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale Popular Memecoin Creator's X Account Hacked, Price Dropped 98 Percent! Bitcoin Exchange Binance Announces the Altcoin It Chose for Its 62nd Launchpool Project! Here Are the Details Matrixport Predicts Bitcoin Price to Soar $160K by 2025 Amid ETF Demand South Korea's Bithumb Lists Scroll (SCR) and Ronin(RON) What’s the Next Target Level for Ethereum? Analyst Announced – “It Could Skyrocket Here” Solana Falls Short of $300 Breakout as SOL Sellers Dictate Price Movement 2025 Predicted to Be ‘Big Year’ for Bitcoin by Pantera Capital Founder Kraken survey: 73% of crypto holders plan to reinvest in 2025 Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B Cardano (ADA) Uptrend Faces Hurdles: Will Bulls Break the Barrier? DOT Bulls To Regain Momentum After Recent Pullback? Will Solana Price Rebound Amid Record Developer Adoption in 2024? Analyst Predicts Massive Boom For XRP, Says XRP Rally Has Barely Begun Ripple Price To Moon Soon? How Gaming and A.I on XRP can Fuel Massive Rally SEC Crypto Reforms: Hester Peirce Seeks Clarity, Collaboration, and Regulatory Fairness Ripple Minted 13 Million RLUSD Stablecoin Across XRP, ETH Network Bitcoin Spot ETFs Achieve Historic Milestone with 500,000 BTC in Inflows John Deaton Highlights SEC’s ‘Bullying Tactics’ With Elon Musk and Crypto Cases LINK Surges to 2021 Levels as Trump’s World Liberty Buys More Chainlink Tokens Ledger faces scrutiny after user claims $2.5M in Bitcoin, NFTs stolen Market Awaits Impact of Nearly $3 Billion Bitcoin and Ethereum Options Expiring Today 3 Indicators Suggesting Ethereum Could Be on the Verge of a Price Decline Spanish Bank Invests In Bitwise Aptos Staking ETP On SIX Ex-Paradigm investor raises $75M for new frontier-tech venture firm Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation ORCA crypto could reach $7.5, but under one major condition ALGO: As bullish crossover emerges, where will the altcoin head next? Bank of England watchdog asks firms to disclose crypto exposure VeChain: As bulls gain ground, is $0.10 next for VET? Aave V4 Upgrade To Be Launched In Late 2024 VeChain (VET) rallies again after presenting renewed tokenomics and rewards 3 signs that forecast Chainlink price will rise to $50 Ethereum could see new all-time high above $5,000, on-chain data signals bullish momentum Crypto vs. Banks: Trump’s Plan to Eliminate the FDIC XRP Price Sets Stage for Bullish Continuation: What’s Next? Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond? White House Backs Digital Assets: Could Bitcoin Hit $250K in 2025? Trump team seek ways to slim or abolish banking regulators: WSJ Sell Bitcoin When This Happens, Warns Analyst—Here’s What to Watch For Tether Treasury Injects 972.6M $USDT into Crypto Market, Sparks Crypto Market Surge Asia Tops Crypto Developer Share in 2024: Crypto Report ‘Patient zero’ of Bitcoin gaslighting was Digiconomist in 2018: ESG analyst Haliey Welch’s $HAWK Shows Why We Need Better Standards for Memecoins What Bitwise knows about Bitcoin’s $200,000 prediction and why it matters to you? Solana overthrows Ethereum’s 8-year reign as top ecosystem for new devs FOMO Could Catapult Bitcoin to $150K by Mid-2025 — BTC to Become a 'Must-Have' Asset Astro Bot wins The Game of the Year title along with the Best Direction award Top 10 Altcoins to Watch: Predicted Market Leaders for 2025 Gains Pi Network Price at a Crossroads: Can PI Reach $100 Before Mainnet Launch? EU Seizure of Russia's Assets Could Erode Euro's Reserve Status Crypto vs. Banks: Trump’s Plan to Eliminate the FDIC XRP Price Prediction For December 13 Expert Says XRP Holders Will Be Filthy Rich Because of This Bitcoin Hits $100K as Miners Earn $71.49 Billion in Historic Milestone Crypto Advocate French Hill Picked to Lead House Financial Services Next Year Grayscale Launches Trusts Based on Lido DAO and Optimism Big Breaking: SEC’s Gensler Threatens Elon Musk with Charges Unless He Settles in 48 Hours Bitcoin Price Struggles at $100K: Is The Rally Losing Steam? Dogecoin Sees 60,000 New Holders in 10 Days: DOGE Parabolic Run Ahead? Crypto Exchange Coinbase Adds Support for Gigachad (GIGA) and Two Additional Altcoins Chainalysis Claims HTS Rebels Received Crypto Donations Before Syrian Civil War Victory Blockchain Capital Deposits 16,964 $AAVE to FalconX after Two Years Key Indicators Signal Bitcoin’s Next Move: Should Investors Brace For A Market Shift? Ethereum’s $4,000 Barrier Fails to Shake Trader Confidence MicroStrategy wins Bitcoin miners’ approval for convertible note strategy Bitcoin (BTC) at $100,000: What's Next? Dogecoin (DOGE) Failed Miserably, Cardano (ADA) Ready to Dominate? Avalanche (AVAX) Raises $250 Million as TVL Hits 2-Year High Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles Solana To New ATH Before Christmas – Analyst Expects $300 Soon