As a seasoned analyst with years of market experience under my belt, I’ve learned to navigate the cryptocurrency landscape like a seasoned sailor navigates stormy seas. Today’s analysis reveals an interesting trend: bears seem to be more active on Mondays, according to CoinStats.
Bears are more active than bulls on the first day of the week, according to CoinStats.
SOL/USD
The rate of Solana (SOL) has dropped by 4.87% over the last 24 hours.
On the daily chart, the price of SOL has touched the $221.80 level.
If the bar is situated close by and features a short fuse, there could be a quick dip testing the $200 – $210 price range imminently.
SOL is trading at $225.13 at press time.
DOGE/USD
DOGE is not an exception to the rule, falling by 1.25%.
The price of Dogecoin is currently hovering around $0.4385. If it manages to break through this point, there could be sufficient momentum for it to reach the $0.50 region.
DOGE is trading at $0.4250 at press time.
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2024-12-02 19:00