Binance Coin, Ethereum & Solana — Asian Wrap 25 January

Connect with us

Binance is not only the world’s biggest cryptocurrency exchange but also a key leader in the crypto space. The impact and influence of developments pertaining to Binance are significant, which makes its current situation concerning, as it is under fire from all directions.

 

Ethereum price is showing optimistic signals post-rally. If market conditions persist, a $2,000 ETH price could be on the horizon. Ethereum price maintains its bullish stance going into the final week of January. Since the beginning of the month, the decentralized smart contract token rallied by 40%.

Solana price is up 140% on the month. SOL shows strong uptrend potential targeting $30 based on the technical indicators. Invalidation of the bullish trend could occur from a breach of the $20 price level. Solana price could rise to $30 in the near future. However, traders should be aware of SOL’s downside risk in the event that the uptrend fails.

Leave a Reply

Your email address will not be published. Required fields are marked *