SOL and ETH Price Analysis for December 30

12/31/2023 00:42
SOL and ETH Price Analysis for December 30

Does Solana (SOL) or Ethereum (ETH) have chance for one more wave of growth?

Original U.Today article

SOL and ETH Price Analysis for December 30

Cover image via www.tradingview.com

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Sellers have seized the initiative at the beginning of the weekend, according to CoinMarketCap's ranking.

Top coins by CoinMarketCap

SOL/USD

Solana (SOL) has lost a lot of value today, falling by 7.29%.

Image by TradingView

On the daily chart, the price of SOL is on the way to the nearest level of $97.14.

If the bar closes near that mark, one can expect a breakout followed by a test of the $90 zone soon.

SOL is trading at $101.61 at press time.

ETH/USD

Ethereum (ETH) is not an exception, going down by 3.77%.

Image by TradingView

From the technical point of view, ETH is trading similarly to SOL. At the moment, one should pay attention to the interim zone of $2,250. If the candle closes near it, there is a possibility of a further decline to the $2,200 range.

Ethereum is trading at $2,278 at press time.

About the author

article image

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].

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