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Coin : SOL/USDT - LONG SIGNAL 📈 Time Interval: 1h 🕗 Price : $150.77 ------------- Based on the technical indicators for SOLUSDT on the 1-hour timeframe, I recommend a BUY position. The SMAs and EMAs are showing an uptrend with the price above all moving averages, indicating a bullish momentum. The RSI is neutral around 57, suggesting there is room for the price to potentially increase further. 🟢 Take Profit: $155.00 🔴 Stop Loss: $146.00 $SOL #SOL #Solana #signaladvisor

Coin : SOL/USDT - LONG SIGNAL 📈

Time Interval: 1h 🕗

Price : $150.77

-------------

Based on the technical indicators for SOLUSDT on the 1-hour timeframe, I recommend a BUY position. The SMAs and EMAs are showing an uptrend with the price above all moving averages, indicating a bullish momentum. The RSI is neutral around 57, suggesting there is room for the price to potentially increase further.

🟢 Take Profit: $155.00

🔴 Stop Loss: $146.00

$SOL #SOL #Solana #signaladvisor

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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🔥 Top cryptocurrencies to watch this week: SOL, BONK 📈 SOL retests 1-month high Solana (SOL) emerged as one of the top cryptocurrencies last week, despite experiencing range-bound movements initially. It began the week below the critical $150 threshold and struggled to show strength amid bearish conditions in the broader market. Following Bitcoin’s (BTC) significant 7.52% gain on May 15 in response to the U.S. CPI data release, the broader market experienced an impressive uptrend. Solana capitalized on this momentum, achieving an 11.61% upswing. It ultimately broke above the resistance at the upper Bollinger Band on the daily chart. When trading platform Robinhood launched a Solana staking program in Europe, the coin closed May 15 at a $158 price, looking to ride on the existing uptrend for more substantial gains. The asset recorded three consecutive intraday gains from May 16 to 18, breaching the much-coveted $170 territory to retest a one-month high of $176. Solana closed last week with a 21% uptick, making it one of the best-performing assets within this period. 📈 BONK breaches 50-day EMA Bonk (BONK) also began last week with a bearish consolidation following the downtrend observed in the previous week. But the meme coin capitalized on the market resurgence on May 15 to record an 8.42% daily gain, closing the day at $0.00002153. This upswing led to a confident breach of the 50-day EMA, which BONK has been battling to surpass since May 10. The crypto token soared to a 10-day high of $0.00002648 the next day, but the resistance at this price level resulted in a price slump, leading to a 3.9% intraday loss on May 16. Despite this loss, BONK remained above the 50-day EMA, suggesting a retention of the bullish momentum. The next two days were particularly favorable, bringing in a 9.88% gain. With BONK changing hands at $0.00002601, the bulls would look to break above the resistance at the upper Bollinger Band ($0.00002748) to sustain the uptrend. $SOL $BONK #SOL #BONK
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📊 Polkadot Price Recap: $DOT Trades Back Above $7 Polkadot (DOT) continues the battle to keep above the $7 mark. DOT started the week off trading below its support level, regaining its strength to gain 4% over the past week. The battle continues as Polkadot claws its way back to trade above $7. The coin saw a good week, gaining 4.08% in the past seven days, at $7.02.  🔸 Polkadot ($DOT) Barely Maintains Recovery Polkadot (DOT) Barely Maintains Recovery After starting the week close to its bearish support level of $6.40, DOT managed to recover over the week to trade above $7. The week started with a volatile session in which DOT traded between $6.48 and $6.83. Monday’s session eventually settled at $6.67. Sellers took control of the price on Tuesday, pushing DOT down by almost 3% to $6.48. The Wednesday session saw DOT rebound from its support level.  DOT’s price rose above the $7 mark, settling at $7.03. Friday’s session saw the price settle higher at $7.20, with Saturday’s session ending around a similar price. On Sunday, sellers appeared to gain control, with $DOT hovering between $7.00 and $6.99, dropping by 2.45%. 🔸 User Engagement At A Record High $DOT’s upward momentum this week appeared to be spurred by high user engagement and activity on Polkadot, with active address hutting an all-time high for a second consecutive month. By the end of April, the network recorded 650,000 active addresses, significantly higher than in March. 🔸 The rise in active addresses is attributed to Polkadot’s parachain, Moonbeam.  Polkadot’s good week has further driven an announcement by the Founder Institute. The Founder Institute announced it entered a strategic partnership with Polkadot to lead the first Web3 cohort within its Core Program.  $DOT #DOT #Polkadot
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