Solana, Avalanche & DogeCoin — Asian Wrap 21 July

Solana price has been a very enjoyable chart to trade, however partaking in additional moves is ill-advised until further evidence can depict a safe entry. Solana price currently trades at $42.70. It was mentioned in the last thesis to continue maintaining a short term bullish bias as the Solana price targeted liquidity levels in the $47 region. 


Avalanche price movies in unison with the rest of the market. The Ethereum-based gaming token still has more upside potential. Avalanche price may have traders in disbelief as the digital asset continues to rally higher. Invalidation of the uptrend is a breach below $22.


Dogecoin developers took to Twitter to express this disapproval of Binance’s DOGE staking program. Binance recently announced a new program for Litecoin and Dogecoin “Locked Staking” without detailed risk exposure. Analysts predicted a quick run up to $0.082 as Dogecoin breaks out of its downtrend. 

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