Well now, it looks like the market’s gone plum loco again, just as the week kicked off-according to that fancy contraption called CoinStats. Who’d a thunk?
SOL/USD
Solana’s price done took a nosedive by 4.13% since yesterday. I reckon the price decided it needed a little nap.
Looking at that hourly chart, it appears SOL’s shuffling closer to the support like a cat unsure if it oughta jump or not. If them pesky sellers keep pushin’, we might just be pontificatin’ ’bout the $230 mark come tomorrow.
On a grander scale, SOL’s been tumbling after pretending it might bust through that $244.14 resistance level-only to turn tail quicker than a scared hound. False alarm, folks.
But, bless its heart, the coin’s still sittin’ far away from the main battleground, so don’t hold your breath for any fireworks or wild rodeos in the price department these next few days.
In the middle term, neither bulls nor bears got the guts to claim the throne yet. Volume’s dropping like a sack of spuds, which basically means everyone’s takin’ a break and nobody’s kickin’ up a fuss. Expect ‘sideways’ trading between $220 and $240-like a lazy river, drifting without much hurry.
Right now, SOL’s moseying along at $235.61. Not too shabby, not too disastrous-just another day in the wild crypto wild west. 🤠💸
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2025-09-15 17:30