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SOL and ETH Price Analysis for December 30

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Sat, 30/12/2023 - 17:42
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.

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Top coins by CoinMarketCap

SOL/USD

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

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Image by TradingView

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

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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%.

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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.

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