Solana, Ethereum and Terra – European Wrap 26 July

Solana price shows a lack of strength after piercing an important resistance barrier, denoting an overwhelming increase in sellers. This development has pushed Solana SOL to trigger a full-blow reversal that has pushed it down to where it currently stands.

Ethereum price is undergoing a selling spree after a massive, week-long rally that pushed its price up by more than 60%. As a result, ETH is currently scrambling to find stable support levels.

ETH/USDT 4-hour chart

LUNA price shows that it is out to repeat the fractal that was spotted nearly two weeks ago. If such a development does occur, investors should be aware that more corrections are on the horizon.

LUNA/USDT 4-hour chart





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