Solana started a fresh increase above the $90 zone. SOL price is now 
consolidating and might aim for more gains above the $96 zone. SOL price 
started a fresh upward move above the $90 and $92 levels against the US 
Dollar. The price is now trading above $92 and the 100-hourly simple moving 
average. There is a bullish trend line forming with support at $92.20 on the 
hourly chart of the SOL/USD pair (data source from Kraken). The pair could 
extend gains if it clears the $96.50 resistance zone. Solana Price Starts 
Fresh Surge Solana price started a decent increase after it settled above the 
$88 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $92 level 
to enter a short-term positive zone. The price even smashed the $95 
resistance. A high was formed at $96.85, and the price is now consolidating 
gains. There was a minor decline toward the 23.6% Fib retracement level of the 
recent upward move from the $87.61 swing low to the $96.85 high. Solana is now 
trading above $92 and the 100-hourly simple moving average. Besides, there is 
a bullish trend line forming with support at $92.20 on the hourly chart of the 
SOL/USD pair. On the upside, the price is facing resistance near $96.20. The 
next major resistance is near the $96.50 level. The main resistance could be 
$98. A successful close above the $98 resistance zone could set the pace for 
another steady increase. The next key resistance is $102. Any more gains might 
send the price toward the $105 level. Downside Correction In SOL? If SOL fails 
to rise above the $96.50 resistance, it could start another decline. Initial 
support on the downside is near the $94.00 zone. The first major support is 
near the $92.20 level, the trend line, and the 50% Fib retracement level of 
the recent upward move from the $87.61 swing low to the $96.85 high. A break 
below the $92.20 level might send the price toward the $90 support zone. If 
there is a close below the $90 support, the price could decline toward the $88 
support in the near term. Technical Indicators Hourly MACD – The MACD for 
SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative 
Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support 
Levels – $94.00 and $92.20 Major Resistance Levels – $96.50 and $98.00.

Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control

Labour Party unrest and potential leadership change could destabilize UK 
political landscape, impacting policy direction and market confidence.
The post Keir Starmer faces leadership challenge amid Labour Party unrest 
appeared first on Crypto Briefing.

Keir Starmer faces leadership challenge amid Labour Party unrest

America&#8217;s democratic decline is fueled by elected leaders eroding systems, not 
through overt violence.
The post Anne Applebaum: American democracy is deteriorating through elected leaders dismantling systems, the rise of high-end corruption threatens integrity, and disenfranchisement could lead to violence | The Diary of a CEO appeared first on Crypto Briefing.

Anne Applebaum: American democracy is deteriorating through elected leaders dismantling systems, the rise of high-end corruption threatens integrity, and disenfranchisement could lead to violence | The Diary of a CEO

Blackstone&#8217;s executive investment signals confidence but highlights liquidity 
risks in private credit, potentially impacting broader asset markets.
The post Blackstone enlists executives to bolster flagship fund amid 
redemption wave appeared first on Crypto Briefing.

Blackstone enlists executives to bolster flagship fund amid redemption wave

Rising factory inflation in China, driven by energy shocks, complicates 
monetary policy and poses risks to global crypto mining profitability.
The post China&#8217;s factory inflation reaches 45-month high amid energy price 
shock appeared first on Crypto Briefing.

China’s factory inflation reaches 45-month high amid energy price shock

Prolonged closure of the Strait of Hormuz could trigger global economic 
instability due to soaring oil prices and disrupted supply chains.
The post Morgan Stanley warns of oil price risk if Strait of Hormuz remains 
closed appeared first on Crypto Briefing.

Cryptocurrency price in CLP

Market Overview