Biggest Movers: SOL Hits 6-Week High, Following US Inflation Data – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SOL climbs to 6-week high, as ETC climbs for fourth straight session.

Solana moved to a six-week high on Wednesday, as markets reacted to the latest inflation figures from the United States. The consumer price index fell to 5% in March, lower than the 5.2% sum many had expected. Ethereum classic also moved higher, nearing a multi-week high.Solana extended yesterday’s 15% gain on Wednesday, as the token rose for a fourth straight session.

SOL/USD raced to an intraday high of $24.34 earlier in today’s session, which comes a day after the price was at a low of $22.42. Following today’s surge in price, SOL move to its strongest point since February 21, when it traded at a high of $24.71.Looking at the chart, Wednesday’s rally came as solana bulls took the token beyond a key resistance level of $24.00.

One of the catalysts for this breakout was the 14-day relative strength index , which moved beyond a ceiling of its own at 64.00. At the time of writing, the index is now tracking at 66.65, which is marginally below a higher resistance level of 68.00.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Folks are finally understanding Ethereum Classic is the real Ethereum Real decentralized blockchain technology

Let’s go

Good

Fabulous 👌

Happy to see that one

Interested in EthereumClassic? Please visit: etc etcg $etc $etcg EthereumClassic etcarmy 100DaysOfCode immutable permissionless decentralized

can someone explain why solana has such a rapid rise in price? oo

The scenario of Bitcoin going to zero does not exist anymore. BTC is playing much the same role as gold did in the early days of banking. You all should Follow Bnb_7h she knows her stuff when it comes to BTC and other Cryptos,her tweet have been really helpful over the years

We’re going to 50$.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biggest Movers: SOL 15% Higher, as LTC Hits 5-Week High – Market Updates Bitcoin NewsSolana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. Litecoin hit a 5-week high. This week will begin to descend. Solana lads!! 🐂🐂🐂 Markets come alive,, aa lottt off informationn inn the article....
Source: BTCTN - 🏆 531. / 51 Read more »

Biggest Movers: DOGE, SHIB Consolidate to Start the Week – Market Updates Bitcoin NewsDogecoin consolidated in today’s session, following a volatile few days of trading last week. The meme coin rose by nearly 30% last Monday. 👀 Nice one, I also listen to ChiefraFba for signals and analysis! Brilliant, but using ChiefraFba for signals and analysis
Source: BTCTN - 🏆 531. / 51 Read more »