PEPE (Ethereum) saw a 5.90% decline in price over the past 24 hours, with $2.9M in trading volume. SOL (Solana) dropped by 4.97% during the same period, trading $217.2M in volume, but showed a slight 0.13% uptick in the last 5 minutes. BONK (Solana) experienced a 6.82% price decrease in 24 hours, with $1.2M in trading volume. These updates showcase recent price trends and market activity for these tokens.
Today's Biggest Updates of the Market:
Brazilian Central Bank Proposal: The Brazilian Central Bank has proposed a ban on transferring stablecoins to self-custodial wallets such as MetaMask and Trezor.KULR Technology Group: The company has initiated a Bitcoin reserve strategy, purchasing 217.18 BTC for $21 million at an average price of $96,556 per BTC.Coinbase International: The top five perpetual futures trading pairs by daily average volume (ADV) as of December 13, 2024, are SUI-PERP, NEAR-PERP, 1000PEPE-PERP, 1000SATS-PERP, and WIF-PERP.USDC Treasury: 50 million USDC was minted on the Ethereum network.Relai: The Bitcoin investment application has increased its BTC holdings by 13 BTC.OpenAI: CEO Sam Altman is aiming to transform the non-profit AI development company into a for-profit entity, facing significant obstacles from Microsoft.ChainOpera AI: The AI blockchain has completed a $17 million funding round led by Finality Capital, Road Capital, and IDG Capital.Stock Market: US stock markets opened with the Dow Jones Industrial Average down 0.22%, the S&P 500 down 0.31%, and the Nasdaq down 0.26%. Coinbase and MicroStrategy also saw declines.Japanese Government: Prime Minister Ishiba stated that the government lacks sufficient information to consider Bitcoin as a strategic reserve.Moonshot: The platform has launched MIRA, a meme coin aimed at raising funds for rare disease research.

$PEPE $SOL $BONK #memecoin #solana #solmeme #ethmeme #BtcNewHolder

In a recent analysis, Solana (SOL) is showing signs of a potential price increase, targeting $175.835. The technical chart indicates a promising buying zone and outlines key levels for traders to watch.

Current Price Movement: Solana is currently consolidating within a well-defined range, showing potential for an upward breakout.Buying Zone: The chart highlights a buying zone around the $120 mark, suggesting this as an area of strong support where accumulation is likely occurring.Resistance Levels: The analysis points to a resistance level at approximately $175.835. A break above this level could signal further bullish momentum for Solana.Price Target: If the price action follows the projected path, Solana could reach the $175.835 level in the coming weeks, representing a significant upside from its current price.
Technical Indicators:
Support Level: The support level around $120 has been tested multiple times, reinforcing its strength as a buying zone.Resistance Level: The $175.835 mark is identified as the next major resistance, where traders should watch for potential profit-taking or further breakout signals.
Conclusion:
This analysis suggests that Solana is poised for a potential price increase, with a target of $175.835. Traders should monitor the key support and resistance levels mentioned, as well as any significant changes in volume or market sentiment that could impact the price movement.
#solana #sol #solmeme #meme #solusdt $SOL

In our previous analyses, I have repeatedly emphasized the "Buying Zone," which has once again proven to be a signal for significant gains. The critical area highlighted in the Solana (SOL) price chart has provided profitable opportunities for investors every time.

Analysis Details:
In this analysis, we witnessed how Solana surged powerfully from the 120,000 - 130,000 range, known as the "Buying Zone." Purchases made from this zone have historically provided significant returns, as highlighted in our previous analyses.
This time, Solana once again experienced a substantial rise from the "Buying Zone," reaching the target level of 175,835 as indicated in our chart. Upon reaching this level, Solana faced selling pressure, presenting new buying opportunities.
By closely following these critical zones, investors can time their purchases correctly and achieve gains. We will continue to monitor Solana's future price movements closely.
#solana #sol #solsummer #solmeme #meme $SOL