Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred when trading cryptocurrencies. Do your own research by contacting a financial expert before making any investment decisions. We believe that all content is accurate as of the date of publication, however certain offers mentioned may no longer be available.
Most cryptocurrencies are facing correction today, according to Coin Statistics.
SOL/USD
Solana (SOL) rate has decreased by 1.14% over the last 24 hours.
SOL price failed to stay above the $160 zone. If the daily bar closes near $154 and without a long wick, a decline could lead to a test of the $150 range in the next few days.
SOL was trading at $154.8 at press time.
TON/USD
Toncoin (TON) was no exception, down 0.87%.
On the daily time frame, the TON value is far from support and resistance levels.
However if the downward pressure continues and the bar closes near $5.70, traders may witness a sustained decline to the $5.50-$5.60 area,
TON was trading at $5,792 at press time.