As a seasoned researcher with years of experience in the dynamic world of cryptocurrencies, I find myself intrigued by today’s bullish performance of Solana (SOL) and Binance Coin (BNB). With SOL surging by 4.16% and BNB following closely with a 1.26% increase, it seems the market is eager to reclaim its lost positions.
Bulls are trying to restore their lost positions, according to CoinStats.
SOL/USD
The price of Solana (SOL) has gone up by 4.16% over the last 24 hours.
On a day-to-day basis, the Solana (SOL) rate has experienced a significant surge following yesterday’s bullish finish. Currently, it is advisable for traders to pay attention to the crucial level around $150.
If the bar closes above it, growth is likely to continue to the $160 range.
SOL is trading at $153.67 at press time.
BNB/USD
Binance Coin (BNB) is not an exception to the rule, rising by 1.26%.
Technically speaking, the daily chart indicates a positive trend for BNB‘s price, suggesting it may be poised for a bullish breakout. If this occurs at approximately $583.1, the built-up momentum could potentially drive prices up to the $600-$610 range.
BNB is trading at $584.60 at press time.
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2024-10-14 18:53