On November 25, COINOTAG News reported that Binance is set to expand its offerings in the derivatives market with the introduction of BNBUSDT and SOLUSDT monthly options contracts. Scheduled for
Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance. SOL price started a fresh increase after it settled above the $220 level against the US Dollar. The price is now trading below $255 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $252 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $255 zone. Solana Price Eyes More Upsides Solana price formed a support base and started a fresh increase above the $232 level beating Bitcoin and Ethereum. There was a strong move above the $245 and $250 resistance levels. The price even cleared the $260 level. A high was formed at $2648 and the price is now consolidating gains. There was a move below the $260 and $255 levels. The price dipped below the 50% Fib retracement level of the upward move from the $230 swing low to the $264 high. However, the bulls are active near the $242 support and the 61.8% Fib retracement level of the upward move from the $230 swing low to the $264 high. Solana is now trading below $255 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $252 level. There is also a short-term bearish trend line forming with resistance at $252 on the hourly chart of the SOL/USD pair. The next major resistance is near the $255 level. The main resistance could be $265. A successful close above the $265 resistance level could set the pace for another steady increase. The next key resistance is $275. Any more gains might send the price toward the $282 level. Are Dips Limited in SOL? If SOL fails to rise above the $255 resistance, it could start a downside correction. Initial support on the downside is near the $246 level. The first major support is near the $242 level. A break below the $242 level might send the price toward the $238 zone. If there is a close below the $238 support, the price could decline toward the $230 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $246 and $242. Major Resistance Levels – $255 and $260.
The post Dogecoin Preparing for a Small Retest-Here’s Where it May Reach After Rebounding From $0.385 appeared first on Coinpedia Fintech News The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance. Ever since the bulls are displaying some weakness, …
The post XRP at a Make-or-Break Moment: Is $2 Within Reach? appeared first on Coinpedia Fintech News Ripple native token XRP is currently at the make-or-break moment with its next move, which could define its future roadmap. Popular trader Credible Crypto believes the token’s next move is closely tied to Bitcoin’s performance, with both assets sitting at key levels. Meanwhile, there is speculation that XRP’s return to its ATH of $3.38 could …
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BINANCE to Launch BNB USDT and SOL USDT Monthly Options ————— 💰Coin: BNB ( $BNB ) $657.50 SOL ( $SOL ) $252.45 ————— NFA.
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Elon to Mars could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Elon to Mars (ELONMARS), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because ELONMARS is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Elon to Mars can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early