Price has been rather slow despite many speculations of the market being in a bull run lately. On the daily chart, a downward channel can be observed (in blue). This often indicates that a good buying opportunity is around the corner. A buy can be made around the $25,000 to $24,500 range with SLs and TPs set according to your likings. if price bounces, the next...
Honest don't have much to say about Vechain, other than the fact that it has had a mojor drop in the past couple of months. Personally I think if price hits the final support and doesn't break it, I'll buy some VeChain myself.
(NOT FINANCIAL ADVICE, DO YOUR OWN RESEARCH)
I was shocked to see this morning that Bitcoin had been down to $38,000, which is why i started my research to learn why such a thing has happened. Apparently it's because of Instituitional buyers (Wallstreet, etc) buying into $BTC using ETFs and futures and stuff, which impacted the supply and also the price, but I'm not 100% sure of it. Whatever it maybe be, the...
It seems as if Solana ($SOL) is starting to 'lose' it's momentum as we go into the mid of this current bearish market. Only time will tell if Solana can be saved via a new wave of bitcoin dump-ers.
(have a look at smaller timeframes to get a better idea of what I'm talking about)
