ETH, AVAX, SOL, and NEAR Price To Hit This Low Level In Current Bearish Cycle

Fears of inflation and economic uncertainty continue to drive down the price of bitcoin, altcoins, and the volume of the cryptocurrency market. Bitcoin's price plummeted to $21,000 on Wednesday while the altcoins too followed BTCs suit and crashed. Although, at the time of writing, the majority of the top 10 coins had made minor gains …

Timeline of Avalanche, Near-protocol, Solana

A popular analyst is digging into the charts to set price targets for four crypto assets as the markets tumble. The pseudonymous trader known as Altcoin Sherpa tells his 177,300 Twitter followers that he's looking at leading smart contract platform Ethereum with one-week candles, and that the $500 to $800 range a possibility if ETH The post Here's How Low Ethereum, Solana, Avalanche and One Additional ETH Rival Will Go, According to Crypto Analyst appeared first on The Daily Hodl.

SOL was once very popular as it emerged on the heels of Solana's aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be.

Last week's sell-off in the crypto market pulled the Solana(SOL) price below the prior lower low support of $40. The breakdown tumbled the altcoin by 22% as it reached near the $26 mark.

Avalanche price analysis shows that the bear market is still in control as prices have fallen below the $15.00 mark. This is a significant decline, and it seems that the market is still not ready to turn around.

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin [BTC] faced intense selling pressure and fell to the $20.8k mark as it experienced a 26% drop in under two days.

Data from leading digital asset manager CoinShares suggests that throughout 2022, institutional investors have shown a heavy preference to smart contract platform Solana (SOL). According to the latest CoinShares Digital Asset Fund Flows Weekly report, institutional investors have poured over $108 million into Solana (SOL) investment products this year, the most of any altcoin by far, The post Solana (SOL) Dominating Institutional Capital Flows for 2022 As Crypto Carnage Continues: CoinShares appeared first on The Daily Hodl.

The host of popular YouTube channel Coin Bureau is comparing Ethereum challengers Solana (SOL) and Near Protocol (NEAR) amid mounting uncertainty in the crypto markets. In a new video, analyst known as Guy tells his 2.06 million YouTube subscribers that SOL has preferable tokenomics to NEAR.  “Tokenomics is where Solana shines. I don't know what The post Solana (SOL) vs. Near Protocol (NEAR) – Coin Bureau Host Analyzes Top Ethereum Rivals appeared first on The Daily Hodl.

Avalanche price analysis shows a bearish market sentiment established in the last few days. The market is currently in a broad-based selloff as investors flock to safe-haven assets amid concerns over the outlook for the global economy.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since its April highs, Solana (SOL) has been enduring heavy sell-offs while the sellers breached critical supports and flipped them to resistance.