Solana (SOL) Death Cross Incoming, Dogecoin (DOGE) Hits Last Possible Support, Ethereum (ETH) Says Goodbye to $2,000

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Solana Faces Intensifying Bearish Pressure, Death Cross Looms

Solana is experiencing significant bearish pressure, nearing a potential death cross formation. This technical indicator, where the 50-day moving average crosses below the 200-day moving average, often signals sustained downward price movement. The recent breakdown below the crucial $150 support level has exacerbated Solana's weakening market structure. The price currently trades around $124, reflecting ongoing selling pressure. Should the death cross materialize, further declines and potential liquidations are likely. Previous：SEC Delays Decision on Multiple Crypto ETFs Next：XRP, Dogecoin and Stellar Newly Listed as 2025 Game-Changers by BITmarkets