bullish

Solana

The Graph

Chainlink

<p>The post <a href="https://coinpedia.org/price-analysis/top-solana-based-altcoins-to-buy-amid-crypto-market-crash/">Top Solana-based Altcoins To Buy Amid Crypto Market Crash!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market has recorded a bullish recovery over the past 24 hours after trading under a strong bearish sentiment for the past four days. Moreover, the Solana price has successfully retested its important support level of $127.</p> 
<p>With the rising price volatility in the crypto space, is this the right time to invest in Solana-based altcoins to maximize your profits this crypto bull run?</p> 
<p>Planning on investing in the Solana ecosystem for the upcoming crypto bull run? In this article, we have covered the market sentiments, price analysis, and potential short-term price targets of Solana and SOL-based altcoins.</p> 
<h2 class="wp-block-heading" id="h-solana-sol-price-action">Solana (SOL) Price Action:</h2> 
<p>The <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noreferrer noopener">SOL price</a> has recorded a strong bullish jump by adding 13.84% within the past 24 hours with a trading volume of $12.270 Billion. However, it has recorded a correction of 22.69% over the past week and is valued at $140.49 with a market cap of $65.63 Billion.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdDeEKImJwBtxxoJlUkUl3rmm94PEdl1jJ3iEsWcFYqyNVTgr5zc7idljjwFBLU_JfIQb0spBIVVAR3AyR2dins8Vb3kNeYlR1w0U4FBWYYZZYSdpCAvf4Cm0N7tCPED-4KsaJ8dECW9PKVSPliBkCCI5dU?key=v0Bnm03PXonLh1CFaxi_Ug" alt="Solana Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: SOL/USDT
 </figcaption>
</figure> 
<p>The Relative Strength Index (RSI) has successfully retested its oversold range in the 1D time frame. However, the average trendline shows a downtrend, highlighting uncertainty in future price action.</p> 
<p>Further, the MACD indicator has displayed a constant rise in the red histogram with a sharp drop in the averages.</p> 
<p>If the market continues trading under a bullish sentiment, the SOL price will prepare to retest its upper resistance level of $181 this month. Conversely, if the bears continue to dominate the market, the Solana token will retest its crucial support level of $127.</p> 
<h2 class="wp-block-heading" id="h-chainlink-link-price-action">Chainlink (LINK) Price Action:</h2> 
<p>With a jump of 8.53% within the past day, the <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noreferrer noopener">Chainlink price</a> has successfully reclaimed the $10 mark. Furthermore, with a price tag of $10.04, this altcoin has secured the 16th position in the global crypto-list with a market cap of $6.100 Billion.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdBLKK9MT1dMI927D_B4xgBu6kg14ziNChz6LWqaAnuJbw8jp0jte9-u9nTQe2htB0HyOvwuth_sUmYBXsS7LRcxUBiBVVdFEOrS5Ctw0fKk03hfFwAYYlYQR6hKvHpUiDuATaItti3s-3_PX2fEGHQKN8?key=v0Bnm03PXonLh1CFaxi_Ug" alt="Chainlink Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: LINK/USDT
 </figcaption>
</figure> 
<p>Despite increased price action, the MACD indicator has displayed a constant rise in the negative histogram with its averages recording a rising negative sentiment. This highlights a mixed sentiment for the LINK price in the crypto market.</p> 
<p>If the market holds the Chainlink price above its support level of $9.55, the bulls will regain momentum and prepare to head toward its upper resistance level of $16.20 in the coming time. However, a bearish action could result in this altcoin recording a new yearly low.</p> 
<h2 class="wp-block-heading" id="h-dogwifhat-wif-price-action">Dogwifhat (WIF) Price Action:</h2> 
<p>Amid increased price volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noreferrer noopener">WIF price</a> has recorded a bearish action for the past 10 days. However, with a bullish recovery, this altcoin has jumped approximately 15% within the past 24 hours, highlighting a high possibility of a bullish reversal soon.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe4WZ7PLDGPbQqm21PGKXB1XzcLva7m42lGSYc-My2jMLYKxvCwAvhLy9JCmmKNyDZ2_8JX4c2PlygKO92lYSPaBKhe7Utep0G9og9yax79OjBkqOZwPGNSJ8XhiTvPMZlik5UCTxRgwElp04zFG2SLyMU?key=v0Bnm03PXonLh1CFaxi_Ug" alt="Dogwifhat Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: WIF/USDT
 </figcaption>
</figure> 
<p>The technical indicator, RSI, continues hovering close to its oversold range with its average showing a bearish convergence. Further, the SMA continues to act as a resistance, suggesting a negative outlook for the altcoin this week.</p> 
<p>Suppose, a bullish trend reversal occurs, in such case, the Dogwifhat price will start gaining momentum and prepare to test its upper resistance level of $3. Negatively, if the bears overpowered the bulls, the WIF memecoin would plunge toward its low of $0.60.</p> 
<h2 class="wp-block-heading" id="h-the-graph-grt-price-action">The Graph (GRT) Price Action:</h2> 
<p>Despite recording a correction of 27.92% within the past week and 24.27% over the past month, the <a href="https://coinpedia.org/price-prediction/the-graph-grt-price-prediction/" target="_blank" rel="noreferrer noopener">GRT price</a> has surged 11.05% within the past 24 hours with a trading volume of $119.510 Million, a change of -26.42%.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfzGKp0hP2ShRLcr4lB2kfKlV7-Vp4DC25AdAGaPrt90Kroi1TDRjIc5A7MvkCj4HOgndqe7Vj6Yq_yk2OUWdMfLnZ4HYfpE-IoU_D_xrNdMO84l7gN6d3ksIS-iHHjea7UtfQIjmBcHzHYjClr-0-_z-Ow?key=v0Bnm03PXonLh1CFaxi_Ug" alt="The Graph Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GRT/USDT
 </figcaption>
</figure> 
<p>The Simple Moving Average (SMA) has constantly acted as a resistance to the Graph price chart in the 1D time frame, highlighting a strong bearish sentiment in the crypto space. Further, the MACD has recorded a negative action, suggesting that the GRT price will continue losing momentum this week.</p> 
<p>Maintaining the GRT coin price above its important support level of $0.1375 will set the stage for this altcoin to test its upper level of $0.1980. Conversely, if the bulls fail to regain momentum, the Graph token will drop toward its low of $0.0800.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-analysis/crypto-market-displayed-a-strong-bounce-after-the-crash-can-we-expect-bitcoin-price-at-60000-this-week/" target="_blank" rel="noreferrer noopener">Crypto Market Displayed a Strong Bounce After the Crash: Can We Expect Bitcoin Price at $60,000 This Week?</a></p>

Top Solana-based Altcoins To Buy Amid Crypto Market Crash!

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