Why Selling Solana Rivals is Like Throwing Your Money into a Black Hole! 💾

by

So, here we are, watching altcoins take a nosedive like they’re auditioning for a role in a tragicomedy. The crypto fear and greed index? Let’s just say it’s feeling a bit more fear than greed these days. SOL, bless its heart, soared to a dizzying $295 in January, only to plummet to a mere $126. It’s like watching your favorite character get killed off in the first season. đŸ˜±

SOL Price is at Risk of Falling to $100

Oh, darling, the drama continues! Solana is flirting dangerously close to the $100 mark. The daily chart is showing a bearish flag pattern, which sounds fancy but really just means it’s waving a white flag of surrender. This pattern is like a bad breakup: it usually leads to a strong bearish breakout. 💔

And let’s not forget the death cross pattern—no, it’s not a new dance move. It’s hovering above the key support at $120, which it hasn’t dared to dip below since last year. If it doesn’t pull itself together and break above $146, we might just see it tumble down to $100. Yikes!

 

Polkadot (DOT)

Now, Polkadot is like that friend who always shows up at the party, even when things get awkward. It’s crashed to a crucial support level at $3.6, but hey, it’s been here before and survived! 🎉

On the bright side, it’s forming a falling edge pattern and an inverse head and shoulders pattern. Sounds like a yoga class, right? This could mean a strong comeback is on the horizon. So, maybe hold off on selling this one for now. 🙌

 

Binance Coin (BNB)

//coingape.com/wp-content/uploads/2025/04/BNB-Price.png”/>

Tron (TRX)

Tron is like that friend who keeps saying they’re “just consolidating” while everyone else is out there living their best lives. The TRX price has been in a consolidation phase, hanging out at the 50-day moving average like it’s waiting for a bus that never comes. 🚌

But wait! It’s formed a falling wedge pattern, which means it’s gearing up for a strong bullish breakout. If it plays its cards right, we could see it rise to $0.30—30% above its current level. But if it drops below the wedge, well, let’s just say it’s game over. 🎼

Is it Safe to Sell These Solana Rivals?

Technicals are suggesting that these three SOL rivals have some serious bounce-back potential. So, even if Solana decides to take a nap at the $100 support level, these tokens might just surprise us all. Who doesn’t love a good plot twist? 🎭

Read More

2025-04-01 19:11