Here's What's Next for Solana (SOL), Binance Coin (BNB) and Two Ethereum Rivals, According to Top Crypto Trader

A closely followed crypto analyst says Solana (SOL) and Binance Coin (BNB) are the only digital assets he wants to hold amid market volatility. Pseudonymous trader Altcoin Sherpa tells his 177,500 Twitter followers that Solana will likely recover and that he sees good entry points for SOL between $15 and $25. “SOL: in my opinion The post Here's What's Next for Solana (SOL), Binance Coin (BNB) and Two Ethereum Rivals, According to Top Crypto Trader appeared first on The Daily Hodl.

Timeline of Avalanche, Bnb, Near-protocol, Solana

Ethereum competitor Avalanche said on Friday that it has little exposure to beleaguered hedge fund Three Arrows Capital, as the latter faces a potential insolvency.  The blockchain said in a tweet that Three Arrows never had any control over Avalanche's treasury funds.

Ever since its ATH in November, Avalanche (AVAX) sellers have been on the front foot by keeping the buying rallies under their check. The liquidations from the recent symmetrical triangle pulled the alt below its seven-month trendline resistance (previous support).

Solana price analysis is showing bullish signs once again after an extended period on the sidelines where price crashed to a 3-month low at $26.06. SOL has been subject to bearish dominance largely since July 2021 which has pushed price down almost 88 percent from the all-time high of $259.90.

Avalanche price analysis for today illustrates the bulls are gaining some control of the market as prices step into an ascending parallel channel. As seen on the 4-hour chart, AVAX prices have surged by $4.75 percent in the last 24 hours.

SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today's session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on

AVAX was among the cryptocurrencies that registered a significant upside after its recent bottom. A healthy sign that it experienced some accumulation after its price cascaded to recent lows.

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 …

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.