Cryptocurrencies Price Prediction: Solana, Dogecoin & Crypto – European Wrap 14 October
|Solana Price Forecast: SOL gears up for double-digit gains as demand for meme coins jumps
Solana (SOL) continues its upward trend this week, rising above the $150 level on Monday. The token of the Ethereum-alternative smart contract chain has gained 3% on the day and is gathering positive momentum at the time of writing.
On-chain metrics and a rising number of holders of meme coins issued on the SOL blockchain are key market movers that indicate the potential for a price rally in Solana.
Dogecoin Elliott Wave technical analysis [Video]
Dogecoin/ U.S. dollar (DOGEUSD) Trading Strategy: This is a 5 wave retracement of wave (C), where we are in the final stages of wave Y, which is likely to test the 0.076 level, so the overall picture is a short term retracement before another rally.
Bitcoin and Ethereum are trying to break resistance
The crypto market is sitting at $2.23 trillion, roughly back to levels of a week earlier, with two legs of growth—at the end of the day on Thursday and the start of trading on Monday. Sentiment has returned from fear to neutral territory (48), while sentiment in US stock indices is close to extreme greed.
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