US EditionCoinStats - Ethereum (ETH) and Solana (SOL) Drop 4% on Th...
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CoinStats - Ethereum (ETH) and Solana (SOL) Drop 4% on Th...
On Wednesday’s announcement that the US is pausing tariffs for 90 days for all countries except China, the stock markets across the world, plus the crypto market, shot skywards. However, after gains on the day by $ETH and $SOL of 12.4% and 13.2% respectively, both layer 1 cryptocurrencies have dropped more than 4% on Thursday. Where are they going next? Market drops on better than expected CPI data release Before going on to analyse the price ac…
Solana (SOL) Drops 4% as Selling Pressure Intensifies – #CryptoUpdatesGNIT
Solana (SOL) has recovered over 12% today after Trump announced a 90-day pause on tariffs. Despite the significant recovery, technical indicators continue flashing bearish warnings. Key indicators like the RSI, BBTrend, and EMA lines all point to weakening momentum and a lack of buyer conviction. While oversold conditions have started to stabilize, the broader structure still leans slightly in favor of sellers. Solana RSI Shows The Lack Of Convi…
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