Data from CoinMarketCap shows that Solana (SOL) has registered no significant net price change in the last month. However, daily price analysis shows that the prominent altcoin reached a local peak near $97 in early May before entering its current downtrend. Presently, the Solana market is dominated by bearish sentiment, alongside the broader market, as indicated by its weekly price loss of 4.09%. In an X post on May 30, renowned market analyst Ali Martinez shares a key insight on the Solana market, highlighting a horizontal channel formation on the daily chart. For context, the horizontal channel is formed by two flat, parallel lines that act as support and resistance, within which the price moves sideways. It is usually indicative of a market in consolidation, where a breakout above resistance (the upper boundary) is a bullish signal, and a breakdown below support (the lower boundary) is a bearish signal. Related Reading: Solana Clings To Critical Multi-Year Support As Breakout Press
The post SOL Price Prediction: $75 Target Dead Ahead as Bulls Fold Under $83 Resistance appeared on BitcoinEthereumNews.com.
Rongchai Wang
May 30, 2026 07:16
Solana’s stalled at $82.39 with aggressive selling overwhelming retail longs – 65% probability of hitting $75-78 support zone within 10 days. Smart money positioning suggests deeper correction befo…
The Immediate Setup Solana’s grinding lower at $82.39, completely flat over 24 hours but don’t let that fool you – the internals are screaming weakness. With momentum indicators flatlining and bears maintaining control through aggressive selling pressure, this sideways action is nothing more than distribution before the next leg down. The lack of buying conviction despite oversold readings tells you everything about where this is heading. Key Levels Exposed The technical picture is crystal clear for anyone willing to look past the noise. Trading well below all major moving averages with the 200-day SMA acting as a bri
The post Solana Struggles to Breakout While BNB Surges Forward appeared on BitcoinEthereumNews.com.
Recent technical evaluations have brought Solana (SOL) into focus, highlighting its struggle to move past a crucial resistance point, contrasting sharply with BNB’s vigorous rally past the same level. The commentary from CryptoCurb, a prominent figure on social media, illustrates this divergence by examining the differing price narratives of these digital assets. Continue Reading:Solana Struggles to Breakout While BNB Surges Forward Source: https://en.bitcoinhaber.net/solana-struggles-to-breakout-while-bnb-surges-forward
The post Hyperliquid ($HYPE) Hits $69 First Time In History Amid Crypto Market Lingers In Fear Zone appeared on BitcoinEthereumNews.com.
Hyperliquid, a renowned decentralized L1 blockchain, has made a key achievement in the price performance of its flagship $HYPE coin. Particularly, the $HYPE coin has for the 1st time reached the $69 mark in its price. As per the data from CoinMarketCap, this development is crucial at a time when the wider cry pto market remains in the “fear zone.” Hence, the move has positioned Hyperliquid among the champions in the crypto market, and the latest rally could attract a wider user base in the near term. Hyperliquid’s $69 Surge Indicates Wider Retail and Institutional Interest Amid Robust Fundamentals Hyperliquid’s ($HYPE) spike to $69 is a milestone highlighting the impact of the complete on-chain order book framework of the project. In this respect, the retail and institutional market participants are taking more and more interest in Hyperliquid. Irresp
The post Solana Must Hold Above Crucial $78 Level – Analyst Explains Why appeared on BitcoinEthereumNews.com.
Data from CoinMarketCap shows that Solana (SOL) has registered no significant net price change in the last month. However, daily price analysis shows that the prominent altcoin reached a local peak near $97 in early May before entering its current downtrend. Presently, the Solana market is dominated by bearish sentiment, alongside the broader market, as indicated by its weekly price loss of 4.09%. In an X post on May 30, renowned market analyst Ali Martinez shares a key insight on the Solana market, highlighting a horizontal channel formation on the daily chart. For context, the horizontal channel is formed by two flat, parallel lines that act as support and resistance, within which the price moves sideways. It is usually indicative of a market in consolidation, where a breakout above resistance (the upper boundary) is a bullish signal, and a breakdown below support (the lower
The post An Update Set to Transform Solana from Top to Bottom Is Coming: The Daily Coin Burn Rate Will Increase by at Least 16 Times appeared on BitcoinEthereumNews.com.
An Update Set to Transform Solana from Top to Bottom Is Coming: The Daily Coin Burn Rate Will Increase by at Least 16 Times – Bitcoin Sistemi
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The post Dogecoin Price Prediction: Net Buying Boosts DOGE appeared on BitcoinEthereumNews.com.
Dogecoin is trading near a long-term support line that has marked previous cycle lows on the chart shared by Bitcoinsensus on X. At the same time, CW data shows DOGE net buying continued for a third straight day across major exchanges as price held near $0.101. Dogecoin Price Tests Long-Term Support as DOGE Trades Near $0.105 Dogecoin traded near $0.105 on the chart shared by Bitcoinsensus on X, placing DOGE close to a long-term ascending support line that has appeared during previous market cycle lows. The chart shows DOGE touching or moving near the trendline after major pullbacks in 2017, 2020 and 2026. Each earlier touch came after a sharp decline from a cycle peak, while the current setup shows DOGE again sitting near the same support structure. Dogecoin Long-Term Ascending Support Test. Source: Bitcoinsensus on X DOGE’s major peaks on the chart appeared around 2014, 2018 and 2021. Afte
The post Solana Price Prediction: $125 SOL Target Enters View appeared on BitcoinEthereumNews.com.
Solana is trading below a key breakout zone while BNB has already moved above the same resistance area on CryptoCurb’s comparison chart. At the same time, Ray’s chart shows SOL holding triangle support near $82.79, with $125 marked as the next upside target if buyers break the upper trendline. Solana Price Lags BNB Breakout as SOL Mirrors Same Setup Solana traded below its breakout level on a chart shared by CryptoCurb on X, while BNB moved above the same resistance area after gaining more than 10% on the day. The chart compares SOL and BNB price action since the October 2025 top. CryptoCurb said both assets have moved in a highly correlated pattern during that period. Solana and BNB Breakout Comparison. Source: CryptoCurb BNB broke above the red resistance line near the end of May. SOL, shown in purple, remained below that same level on the comparison chart. CryptoCurb said SOL could fol
The post Bitcoin Is At ‘Pivotal Level’ As $65K Downside Risk Looms: Analyst appeared on BitcoinEthereumNews.com.
Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst. “Bitcoin is at a pivotal level, and if it doesn’t hold, we’re buying at <$65K,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday. Bitcoin (BTC) reached a yearly low of $60,000 in early February before recovering to $73,873 at the time of publication, according to CoinMarketCap. It comes as crypto market participants are divided over whether Bitcoin’s early February price of $60,000 marked the bottom of the cycle, or if further downside still lies ahead. Bitcoin may break above $76,000 if the current level holds Veteran trader Peter Brandt said in March that $60,000 may not be the lowest level for 2026, forecasting that Bitcoin could retest or even move “slightly lower” than the price level in September or Octob
