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Cryptocurrency News Articles
Watching Solana's price movements and wondering where it's headed next?
Feb 28, 2025 at 01:56 am
Solana began with a slight downtrend, but an oversold condition at 00:55 UTC hinted at a reversal. A golden cross at 1:25 UTC pushed the price up to $145.19 resistance.
Solana (SOL) price showed slight recovery on Monday, but faced resistance at the $145.19 level, which may limit further gains in the short term. The technical analysis in the chart reveals key support and resistance levels, along with recent trends and indicators that traders can use to inform their trading decisions.
Solana had been trading with a slight downtrend since the morning hours, and an oversold condition was observed at 00:55 (GMT+2). However, a golden cross at 1:25 pushed the price up to the $145.19 resistance. The downtrend continued at 4:40, and another oversold phase was seen at 11:50.
Later, a golden cross at 14:35 spurred an uptrend, but a death cross at 16:00 led to a decline. Support formed at $130.65 after an oversold phase at 17:50. A golden cross at 19:05 signaled a reversal. Solana may now break $145.19 or retest $130.65 support.
Chart 1, Analyzed by ShwetaCW, published on TradingView, February 27, 2025
Top Altcoins and High-Potential Crypto to Watch Beyond Solana
Traders are finding themselves in a situation where the cryptocurrency moves between the levels of resistance and support. They are looking for the next big cryptocurrency that has such a potential upside that will let them invest. Now, the traders are heads over heels on the idea of the newest projects, both new and innovative ones, which have both good use cases. At the front of the pack of these high-potential cryptos we find DexBoss, Aureal One on the list along with three other coins. which one of them seems to have more growth than the others.; Let’s explore these coins:
1. DexBoss: A Game-Changer in Defi
Current Price: $0.01Token: $DEBO
DexBoss has just entered the Defi space and it is not only a game-changer but also a user-friendly platform that is making crypto trading and financial products much easier. It has been conceptualized to make the process simpler for beginners as well as experienced traders, and the interface is smooth and intuitive with support for over 2,000 cryptocurrencies for easier trading.
Click here to know more about DexBoss
The reserved price for $DEBO token will start from $0.01, and there will be a systematic price increase to $0.0458 the last round. This concept has a huge opportunity for the first investors to earn a substantial long-term profit. The buyback and burn mechanism that aggravates the value of $DEBO is just more to its merit like a good investment option for high-growth seekers.
What makes DexBoss outstanding is that it tries to overcome the core challenges that DeFi is faced with such as liquidity inconsistencies and slow order execution. Margin trading and liquidity farming are the kinds of services DexBoss uses to achieve transactions in the shortest possible time and allow traders to benefit from market fluctuations. Through the application of technical innovation and user-friendliness, DexBoss has the fastest growth potential among the new DeFi projects.
2. Aureal One: Gaming Reinvented
Current Price: $0.0011Token: DLUME
Aureal One is a future-generationed blockchain dream that is specifically designed for gaming and the metaverse. The speed at which transactions are completed and the charges the users incur (in this case gas fees) are being checked. Besides, content to be developed and played should load fast with the solution to any issues in the shortest possible time. The native token, DLUME, serves as the in-game currency and enables smooth transactions within the ecosystem.
In this presale of DLUME, the price is established step-by-step in 21 rounds. It starts from $0.0005 in the first round and gradually reins in the sale to $0.0045 in the final round. This method will motivate pioneers and in this way make the total raise grow to $50 million. However, it is no secret, as this is one of the criteria to which the coin has seen success – which is the reason for which some projects have been funded with millions of dollars. They can go both ways, and the decision is in the hands of the buyer.
The big stand-out feature of Aureal One is the fact that it implements Zero-Knowledge Rollups, which is the most advanced technique both in the field of scalability and in the energy with which it is handling the money costs. Moreover, the release of such games as Clash of Tiles and DarkLume in the future will bring the development of the ecosystem as a result present the platform on the
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- CryptoQuant CEO Warns Bitcoin (BTC) On-Chain Indicators Are Hovering at the Bull-Bear Boundary
- Feb 28, 2025 at 06:05 am
- CryptoQuant CEO Ki Young Ju warned today that Bitcoin on-chain indicators are at the bull-bear boundary and that the next month or two will be a key turning point for the BTC market.
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