The encryption strategy that follows closely warns that the 1 Solana Class Protocol (SOL) may be on the verge of the intense corrective step.
Analyst Ali Martinez Recount His 122,400 followers on the X social media platform that endangered Solana is at risk of completing the levels that were last seen in October 2024.
According to the trader, Sol should remain higher than the main support level to nullify its outlook.
“That’s! If Solana Sol fails to seize $ 191, the decline may be an imminent $ 138.”
Looking at the trading scheme, it appears to indicate that Sol is still trading within an upward parallel channel – a pattern indicating that the original is a bullish trend, printing its highest levels and lowest levels. But he notes that the loss of $ 191 as support means nullifying the Qatari support to the channel, which may end a multi -month trend.
At the time of writing this report, Sol is traded at $ 197, translated into a 39 % decrease if Solana strikes the negative goal of the analyst.
Looking at XRP, the analyst notes that the whales discharge Tens of millions of dollars from the third largest encryption asset by the market in only one day.
“The whales have emptied more than 130 million XRP in the past 24 hours!”
At the time of this report, the XRP value is $ 2.24, a decrease of more than 20 % a day.
Dogoin (Dogecoin) Investments as well Discharge Their chiefs, according to Martinez.
“The whales have sold 270 million Dokwin Dog in the past 24 hours!”
At the time of this report, Dog is trading for $ 0.227, a decrease of more than 22 % last day.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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