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Most of the coins are facing a bounce back after a few days of correction, according to CoinStats.
SOL/USD
The rate of Solana (SOL) has risen by 5.06% over the last day.
On the daily chart, the price of SOL keeps trading sideways, gaining energy for a further sharp move.
Buyers may start thinking about an ongoing rise only if the rate breaks the $78 mark and fixes above it.
SOL is trading at $74.43 at press time.
BONK/USD
BONK has not followed the rise of SOL, going down by 1.73%.
The rate of BONK is looking bearish as the price is coming back to the support level of $0.0000183. If it breaks out, the decline may continue to the $0.0000149 mark soon.
BONK is trading at $0.0000194 at press time.
DOGE/USD
The rate of DOGE has increased by 1.38% since yesterday.
From the technical point of view, the price of DOGE is neither bullish nor bearish, as it is located in the middle of a wide channel. However, if buyers lose the $0.09 area, there is a chance to see a drop to the support of $0.08380 soon.
DOGE is trading at $0.09151 at press time.
Yuri Molchan
Gamza Khanzadaev
Arman Shirinyan
