Solana price hits lowest point in six months, recovery likely as the Ethereum-killer leads in Web3 gaming
Solana price has dropped 69% over the past six months, hitting its lowest since August 2021. Analysts identify the Solana price chart's falling wedge pattern and predict recovery in the ongoing cycle. UK-based game development and animation studio founder believes Solana could leave Ethereum in the dust in Web3 gaming.
SafeMoon price traps bulls before another downswing
SafeMoon ( SAFEMOON) price action is on the back foot again, although cryptocurrencies in general are faring well after positive news on talks between Russia and Ukraine. SafeMoon price action looks to be an outlier with bears in the driving seat and not yet set to give up on their positions.
Chainlink price squeezes shorts out in bear trap
Chainlink (LINK) price action is on a rampage this morning as bulls are performing a breakout trade that pushes bears out of their positions. Over the weekend, price action dropped to lower levels but did not make new lows for the month.
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