COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: AVAX and Solana Price Analysis: What to Expect from These Altcoins?
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > AVAX and Solana Price Analysis: What to Expect from These Altcoins?
Altcoin News

AVAX and Solana Price Analysis: What to Expect from These Altcoins?

In Brief

  • Excitement continues to build as the weekly closing in the cryptocurrency market approaches. At the time of writing, Bitcoin was trading at $34,447, experiencing a 0.96% increase in the past 24 hours. Altcoins, which are closely watched by crypto investors, are also accompanying this enthusiasm. So, what’s happening with AVAX and Solana, two altcoins that […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Excitement continues to build as the weekly closing in the cryptocurrency market approaches. At the time of writing, Bitcoin was trading at $34,447, experiencing a 0.96% increase in the past 24 hours. Altcoins, which are closely watched by crypto investors, are also accompanying this enthusiasm. So, what’s happening with AVAX and Solana, two altcoins that stood out in the 2021 rally? Let’s take a closer look.

Contents
AVAX Price AnalysisSolana Price Analysis

AVAX Price Analysis

AVAX, which has recently gained attention with the SocialFi hype, still maintains its descending channel formation structure on the daily chart. With today’s rise, AVAX is getting very close to breaking the resistance line, which will accelerate the upward momentum if it happens.

The support levels that should be followed on the daily chart for AVAX are $10.31, $9.83, and $8.83, respectively. Especially, if a daily bar closes below the $10.31 level, it will prevent the breakout of resistance and cause AVAX to move within the formation.

The resistance levels that should be noted on the daily chart for AVAX are $11.31, $12.21, and $13.43, respectively. In particular, breaking the $11.31 level and having a daily bar close above this level will allow the formation to work in an upward direction and accelerate the price rise.

Solana Price Analysis

While the legal process of FTX founder Sam Bankman-Fried is ongoing, attention has turned to Solana. Especially after the cryptocurrency exchange FTX obtained court permission, Solana experienced a significant drop. However, all indicators on the daily chart for Solana look positive. Recently, a breakout occurred in the rising channel formation, leading to an acceleration in the upward momentum for SOL.

The support levels that should be followed on the daily chart for SOL are $31.15, $28.51, and $25.56, respectively. In particular, if a daily bar closes below $28.51, the price will enter the formation and delay the bullish scenario. However, SOL has a significant advantage as the EMA 200 level is acting as a support line.

The resistance levels that should be followed on the daily chart for SOL are $32.84, $34.52, and $35.84, respectively. Especially, if a daily closing above the $32.84 level occurs, it will accelerate the upward momentum.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Altcoin Season Surges with Critical Signals Aligning for a Bull Run

Market Faces Volatility as Altcoins Unlock Billions

Pi Network Faces Risk: Analysts Warn of Terra Luna-Like Collapse

XRP Shakes the Crypto World with Impressive Surge and Legal Milestones

MOVE Coin Faces Rapid Decline Despite Prominent Backing

COINTURK NEWS 29 October, 2023 - 9:08 pm 29 October, 2023 - 9:08 pm
Share This Article
Facebook Twitter
Share
Previous Article LayerZero’s New Bridge Token Receives Criticism from Ethereum Ecosystem Protocols
Next Article Galaxy Digital’s Bitcoin Investment and BTC Price Analysis
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Altcoin Season Surges with Critical Signals Aligning for a Bull Run
Altcoin News
The GENIUS Act Defines New Limits for Stablecoin and Gives US Digital Finance a Boost
Cryptocurrency News
Méliuz Boosts Shareholder Value with Bold Bitcoin Purchase
Bitcoin (BTC)
Market Faces Volatility as Altcoins Unlock Billions
Altcoin News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?