The post Crypto declines yet SOL, ETH, and Rebel Satoshi Arcade stand out appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana consolidates at $160, Ethereum eyes $3,777 resistance, while Rebel Satoshi Arcade sees 184% gain for stage 2 buyers. Solana (SOL) is trading sideways amid the consolidation of the broad cryptocurrency market. The token has been on a significant downtrend over the past three weeks as it struggles to stay above the $160 support level. Solana has fallen 4% in the past week and is trading at nearly a 1% loss in its 24-hour candle. Investors remain optimistic for a bullish outlook, holding onto the coin’s 8.23% surge in the past month. A bullish continuation pattern is forming for the token as its on-chain activity shows signs of a prolonged future rally. Approximately 1.1 million tokens were launched within the Solana ecosystem through 2024. A $158.78 low and $163.62 high over the past 24 hours show a massive fluctuation in SOL’s market. Its market capitalization and trading volume are also declining, at $72 billion and $2 billion, respectively. SOL is predicted to soar as the Block, an analytics tool, records a notable increase in its on-chain metrics. Active addresses rose by 57.41% between May and June, from 1.08 million to 1.7 million. The memecoin frenzy on the network continues to drive adoption and user engagement, and analysts predict that this heightened activity could translate to a prolonged rally. Ethereum: Price prediction Ethereum (ETH) trades in the green, as its daily chart mirrors its bullish monthly trajectory trend. The altcoin trades at a defi coin price of $3,682.69, an almost insignificant change compared to its weekly charts, which recorded a 3.43% dip. Over 23% growth has been recorded for the token’s monthly cycle and 99.5% year-to-end growth. Ethereum’s trading volume…

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Filed under: News - @ June 12, 2024 6:18 am