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Cryptocurrency News Articles
Solana and XRP Face Sell-Off Amid Presidents Day Market Break
Mar 05, 2025 at 03:29 am
February 2025 has already thrown a few surprises at the crypto market. Some tokens show resilience, others face pressure, and investors are left to navigate a landscape that refuses to settle.
February 2025 has already seen some surprising shifts in the crypto market.
Some tokens are showing resilience, others are facing pressure, and investors are left to navigate a landscape that refuses to settle.
Uncertainty hangs heavy in the air, with sudden changes in price shaking expectations and keeping traders on edge. But in times like these, attention naturally shifts toward projects showing strength where others falter.
Rising Tide Awaits at $135: Can Solana Recover Momentum Vs. Bearish Pressure?
Recently, Solana saw a 10% drop in just 24 hours, extending its weekly losses past 20% and falling to $164. But, at the moment of writing, it stands at $135, nearing about $136 as momentum continues fading, raising concerns that another bearish momentum is just around the coroner.
After hitting a new all-time high of nearly $220 on January 19, the price of Solana has dropped over 38%.
If approved, we might see Solana price rise to $360 in the next three months.
However, if the selling pressure continues, we could see further drops in the short term.
Its value slid further on Tuesday, joining other major digital assets in a downward trend.
Relative Strength Index (RSI) on the 14-hour chart indicates that Solana is currently in oversold territory.
The cryptocurrency slid by 10% in the past 24 hours, extending its weekly losses to 20%.
Its value slid further on Tuesday, joining other major digital assets in a downward trend.
After hitting a new all-time high of nearly $220 on January 19, the price of Solana has dropped over 38%.
If approved, we might see Solana price rise to $360 in the next three months.
However, if the selling pressure continues, we could see further drops in the short term.
Its value slid further on Tuesday, joining other major digital assets in a برابر
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