Key Highlights of SOL and DOGE 🔥🔥🔥
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Solana Price Analysis
The price of Solana fell from the 20-day EMA ($203) on December 25, showing negative sentiment. The SOL/USDT pair may drop to the ascending trend line, and if the support level breaks, bears will dominate, potentially dropping to $155. If the price rebounds and breaks above the 20-day EMA, the negative outlook will be invalidated, and it may bounce back to the 50-day SMA ($221).
Dogecoin Price Analysis
Dogecoin's rebound failed to reach the 20-day EMA ($0.35), and bearish selling is active. The DOGE/USDT pair has support at $0.30, and if it breaks below this level, it may drop to the $0.27 Fibonacci retracement level, where buyers may defend the $0.27 to $0.23 region. If buyers push the price to stay above the moving average, the correction may end, and the pair could rise to $0.43.
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