Bitcoin prices experienced volatility, Solana shows potential reversal pattern, while Dogecoin misses turnaround chance.
From Investing.com
October 8, 2024 11:30 PM:
Bitcoin recently surged close to $65,000 but faced swift selling pressure, causing a sharp decline. The price action shows volatility, with resistance at $65,000. Technical indicators suggest neutral conditions and a need for stronger volume for further growth. Solana displays a broadening wedge pattern, indicating a potential reversal if $150-$155 resistance is broken with volume support. Dogecoin missed its chance for a turnaround, facing resistance at $0.12 and increasing selling pressure. Key support levels to watch are $0.10 and $0.09 for possible reversal.
Read more at Investing.com: What Was It? Solana (SOL) Paints Hidden Price Pattern, Dogecoin (DOGE) Lost Its Reversal Chance By U.Today