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As the week start ed with a bullish sentiment in the cryptocurrency market, Solana (SOL) seems to be following the trend, and technical Analysis (TA) suggests that more gains could be in store for the seventh-largest cryptocurrency by market capitalization. Indeed, Solana has recently broken out of its triangle chart pattern on the daily time frame towards the upside, marking the start of a new upward trend and indicating the potential for further increases in the near future, according to the information retrieved from finance and crypto analytics platform TradingView on October 17. SOL price action analysis. Source: TradingView On top of that, Solana’s daily buying volumes have more than doubled in the last 24 hours, which is another bullish sign for this digital asset. Solana price analysis At press time, Solana was changing hands at the price of $24.19, recording a 4.66% growth on the day, as well as increasing 8.88% across the previous week, in addition to accumulating a...

As September nears its end, the Bitcoin landscape brims with positivity. Indications hint at a forthcoming Bullish spree, especially if Bitcoin finishes the month on a green note. Besides, this month’s Bullish candle points to an upbeat October trajectory. Significantly, John Bollinger, the mastermind behind the Bollinger Bands , offered some valuable insights. On Thursday, the 73-year-old market maven highlighted a crucial two-bar reversal for $BTCUSD. This reversal, occurring on September 11/12 at the lower Bollinger Band, according to Bollinger, is pivotal. He mentioned, “This is a good setup for a walk up the upper band; just need a bit more strength to confirm.” Moreover, to provide a clearer perspective, he included a relevant chart. Additionally, a crypto analyst, Matthew Hayland echoed the sentiments about Bitcoin’s performance. In his Friday tweet, Hayland observed the two-week Bollinger Bands for Bitcoin are the tightest since 2015. Hence, these are the most c...

The analyst who correctly predicted PancakeSwap (CAKE) and Tezos (XTZ) rallies is now bullish on Watchvestor (WVTR). He believes the token will likely surge from $0.03 to new levels in upcoming sessions. PancakeSwap price outlook CAKE reached its all-time high on Apr. 30, 2021, at $43.96.   However, the token has retraced and is trading between $1.29 and $1.49, with resistance at $2.  You might also like: PancakeSwap launches v3 with new features The token has a market cap of $274,283,014 and a trading volume of $16,267,067. Last year, CAKE crashed 68.8%, but traders are optimistic about its prospects. If the token breaks above 1.80, it can reach edge higher in coming sessions, even rising to $1.96 by the end of the year.  Tezos’ future performance XTZ rose to an all-time high of $9.12 on Oct. 4, 2021. Last year, the coin fell 57.1%.  It now has a market cap of $654,503,950 and a 24-hour trading volume of $18,177,320, making it the 58th ...