Solana

Bitcoin

Avalanche

<p>The post <a href="https://coinpedia.org/price-analysis/heres-whats-awaited-for-avalanche-avax-solana-sol-price-until-the-end-of-the-week/">Here’s What’s Awaited for Avalanche (AVAX) &amp; Solana (SOL) Price Until the End of the Week</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>While some of the altcoins continue to hover within a very narrow range, the Bitcoin price is trying hard to sustain above the crucial resistance at $42,800. In the meantime, some of the altcoins in the top 15 are displaying the possibility of a breach beyond the pivotal resistance. Avalanche (AVAX) price and Solana (SOL) price have been closely trading along the barrier, and hence a breakout is speculated to be imminent anytime from now.</p> 
<h2 class="wp-block-heading" id="h-avalanche-avax-price-analysis">Avalanche (AVAX) Price Analysis</h2> 
<p>With the recent rejection from the interim highs close to $50, the price has been maintaining a healthy descending trend. However, the bulls are manifesting extreme strength and trying hard to hold above the pivotal support at $33.52. In the past few days, the price has been relatively stable, with a significant drop in volume. This indicates the price is experiencing equal pressure from both ends and may end up in a breakout very soon.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/68Fdb3JDD4x6GTu-CV_4IjlsuQfmgPMXi4R06O9-pxfRVVKdinc6fxGPACtQiS7kgJDr4bTSBFxqNbARNAbbJfXeT58WhAla7fbufkJWHN4t0jOPNzwy_vzfT1t_Rbtpnc8DT-ZptyrhWek4p0w9NZE" alt="">
</figure> 
<p>Despite a rejection, the AVAX price has been maintained strongly above the crucial support at $33. However, the RSI has been displaying a fine bullish divergence which suggests a decent uptrend could be fast approaching. Moreover, the Bollinger bands are squeezing, which validates a significant shift in momentum that could be fast approaching. With this, a rise back above $50 could be on the horizon after possibly hitting the pivotal support at $33.&nbsp;</p> 
<h3 class="wp-block-heading" id="h-solana-sol-price-analysis">Solana (SOL) Price Analysis</h3> 
<p>The Solana price has displayed a significant rise in the past few weeks but closed the yearly trade within a consolidated range but above the gains. The token remaining around the pivotal resistance indicates the rise in bullish strength, which may further trigger a healthy upswing towards the upper targets above $130.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/CBKEdu1eIvot3o6C1ZJN_2ly9zvwDnKn2NshdRha5K8tirpYQx9QCCtJeEWBWmyxvpMDnHrJDmCohiMb1uzvh0jq48lZiL9hhaXBd_TOcZODLN8jaav4H_s_2FS1ETDek8VEIlhrvkHbqugW4ToJCjA" alt="">
</figure> 
<p>As seen in the above chart, the SOL price is defending the support levels finely, which may further offer the required base to maintain a healthy upswing. Besides, the MACD displays a drop in selling pressure, which may pave the way for a healthy upswing in the coming days. The SOL price is printing decent bullish candles from the past few days, and with a bullish MACD cross-over, a fresh upswing could be validated.&nbsp;</p>

Here’s What’s Awaited for Avalanche (AVAX) & Solana (SOL) Price Until the End of the Week

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