• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Altcoin News / Solana [SOL] and Binance Coin [BNB] boom while others endure a slump
Uruguay

Solana [SOL] and Binance Coin [BNB] boom while others endure a slump

July 15, 2021 by Sahana Kiran

Rare sightings of green were noted in the crypto market that was painted in red. Solana [SOL] and Binance Coin [BNB] were the only assets that were bagging gains amidst a massive slump. Assets like Bitcoin [BTC] and Ethereum [ETH] lost support and fell to lower prices. The overall market cap of the crypto-verse mirrored the ongoing sentiment as it was noted at $1.31 trillion.

Solana [SOL]

SOL was one among the very few coins that made an impact despite entering the market late. The altcoin witnessed massive growth and went on to hit a high of $58. At the time of writing, the altcoin had endured a downfall and was trading at $29.01. The altcoin was seen bagging dainty gains of 0.55% over the last couple of hours.

Furthermore, the asset retained itself as the fourteenth largest cryptocurrency with a market cap of $7.68 billion.

Solana’s journey towards $30 peppered

Solana
Solana [SOL] and Binance Coin [BNB] boom while others endure a slump 4

The one-day price chart of SOL noted both bears and bulls fighting for a spot. The Parabolic SAR indicator laid out dotted lines above the candlesticks. While this acted as a resistance line against any possible uptrend, the MACD indicator delivered a similar notion. The MACD line remained below the signal line forming a bearish crossover.

The Relative Strength Index indicator noted a sellers’ sentiment in the Solana as the marker was below the 50 median.

Binance Coin [BNB]

Binance Coin seemed to be untethered by the ongoing drama with Binance and regulators from all around the globe. The asset was trading for $313, with a 3% surge over the last 24-hours. Even though the altcoin’s market cap noted a heckle, it managed to maintain itself in the top five.

lVhcK8uX
Solana [SOL] and Binance Coin [BNB] boom while others endure a slump 5

The one-day price chart of BNB observed bullish momentum. The Chaikin Money Flow indicator remained with the bulls and the Awesome Oscillator indicator formed green closing bars and announced the presence of the bulls. Therefore, unlike the other assets, BNB could be making headway in terms of price.

Additionally, a buyers’ market was noted in the one-day price chart of BNB, the Money Flow Index affirmed.

Filed Under: Altcoin News, Market Analysis, News Tagged With: Binance Coin (BNB), solana

Primary Sidebar

Recent Posts

  • Binance Joins Hands With Kazakhstan to Develop a Crypto Framework May 26, 2022
  • Crypto Transfers in Thailand Will Be Exempt From VAT Until 2023 May 26, 2022
  • Exchanges Show Support in Assisting LUNA’s Revival by Listing the New LUNA 2.0 May 26, 2022
  • 29 Moonbird NFTs Worth $1.5M Succumbs To A Phishing Attack May 26, 2022
  • How to Play Craps at Crypto Casinos May 26, 2022

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2022 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.