The Solana (floor) price falls while Bitcoin and follow the show this week
The price of Solana (soil) did not succeed in investors' expectations this week while capital entrances favored leaders in the Bitcoin market and emerging altcoins like suis.
Friday, the global cryptography market tends, the price of Bitcoin winning 0.3% Friday and 2.1% over seven days.
Meanwhile, Solana slipped 1.7% over the day and 1.9% higher during the week.
The figures suggest a notable outing of short -term soil traders because they have turned the funds into assets with stronger short -term stories.
A major catalyst leading to the rise of Bitcoin continues to be an institutional accumulation, with Bitcoin Spot ETF displaying record entries.
Meanwhile, Suis increased after new ones that 21Shares asked for an ETF from the Dry US. SU has increased $ 3.71 Thursday before correcting $ 3.40 at the time of the press, still increasing by almost 60% in the past two weeks.
This striking contrast reflects a selective capital rotation scheme among traders looking for profitable opportunities in short -term market stories.
Sol Price fell below $ 150 on Friday, reversing negative on the weekly candle and highlighting a lack of short -term bullish conviction.
Solana's investor, Eric Trump, warns banks to adopt crypto within 10 years
Adding Solana's long -term story, Eric Trump, a known investor in Bitcoin, Ethereum, Solana et Su, made the headlines this week with a striking warning to traditional financial institutions.
In an interview CNBCTrump warned that banks risk extinction in a decade if they fail to integrate cryptocurrency infrastructure into their main operations.
Systems like Swift are a disaster. The traditional banking system is slow and ineffective.
Currently, you can open an application of cryptocurrency and transfer money from the wallet to the portfolio instantly, without any bank charges.
I tell you if the banks do not realize what is happening, they will disappear in 10 years – Eric Trump, May 2025
Trump pointed out, criticizing the ineffectiveness and cost of the existing financial system.
He argued that decentralized finance (DEFI), activated by blockchain platforms like Ethereum and Solana, has a much higher alternative of speed, accessibility and profitability.
The Eric Trump declarations calendar is crucial, with the accelerated stablecoin regulations of the congress and the accusations of drying dry on the Crypto trading platform, an Arizona State adopting a bill to launch the first strategic reserve of cryptocurrencies. And institutional adoption is deepened, tokens like Solana could see a long -term renewed demand.
These long -term bullish perspectives, as Solana Bulls are seen, speculate on a potential rally towards the $ 750 mark if the market conditions align.
Although this ambitious forecasting of Solana prices remains plausible, the Technical Indicators Solusd Daily Chart show the main obstacles to come to the $ 160.
Solana price forecasts today: the bulls target $ 156 if the support is more than $ 142
Solana (soil) is negotiated at $ 147.98 after a modest decrease of 1.9%, but the broader technical configuration continues to promote bull. The price remains comfortably above the midline of Bollinger strips, which suggests that recent consolidation can be a temporary break rather than a reversal.
The parabolic SAR indicators, positioned below current price levels since mid-April, continue to report a sustained increase trend, despite the slight retracement on Thursday.
The soil price forecasts look with optimistic prudence, supported by the underlying momentum shown in the bull bear power (BBP) oscillator, which remains positive at 8.13. This indicates that bulls always have the short -term advantage.
Daily closure remains greater than the mobile average of 20 days almost $ 142 and well above the Bollinger strip less than $ 124.77, reinforcing the view that the key support areas are intact.
The resistance area around $ 156, marked by the Bollinger upper band and the previous local summits, represents the next test for buyers. If the bullish volume resumes and the price of the prices ends decisively greater than $ 150, a retest of $ 156 seems likely. A non-detention of $ 142 could, however, expose the risk of decline to $ 135.
Frequently asked questions (FAQ)
Solana fell 1.9% while investors turned capital in stronger stories like Bitcoin et Su, who saw institutional attention.
Yes, Solana's long -term prospects remain strong, powered by its usefulness of DEFI and its mentions of large investors like Eric Trump.
The next resistance of the keys is around $ 156, aligned with the upper group of Bollinger and the high recent premises on the daily graphic.
Ibrahim
Cryptographic analyst covering derivative markets, macro-tendencies, technical analysis and defi. His work presents in -depth information on the market, price forecasts and institutional quality research on digital assets.
Warning: The content presented may include the author's personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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