Solana failed to stay above $96 and corrected some gains. SOL price is now consolidating and might aim for another increase above $98. SOL price started a downside correction below $96 against the US Dollar. The price is now trading above $94 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $92 zone. Solana Price Remains Supported Solana price failed to stay above $98 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $86 and $85 to enter a short-term bearish zone. There was a move below the 23.6% Fib retracement level of the upward wave from the $87.61 swing low to the $98.47 high. The price even tested the $93.65 support. Besides, there is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair. Solana is now trading above $94 and the 100-hourly simple
XRP price started a recovery wave above $1.4250 and $1.4320. The price is now consolidating and might aim for a fresh move if it clears $1.4620. XRP price started a recovery wave above the $1.4320 zone. The price is now trading above $1.4350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at 1.4620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.4880. XRP Price Holds Support XRP price remained supported above $1.4180 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.4250 and $1.4320 to enter a short-term positive zone. There was also a move above the 23.6% Fib retracement level of the downward move from the $1.4876 swing high to the $1.4185 swing low. However, the bears could be active near the $1.4550 zone. Besides, there is a bearish trend line forming with resistance at 1.4620 on the hourly chart of the XRP/USD pair.
Ethereum price started a fresh decline and traded below $2,300. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction below the $2,280 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,320 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,320 and started a downside correction, like Bitcoin. ETH price dipped below the $2,300 and $2,280 levels. The price even traded below $2,265. A low was formed at $2,256, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,382 swing high to the $2,256 low. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. Besides, there is a bear
Bitcoin price started a recovery wave above the $80,500 zone. BTC is consolidating and might aim for more gains if it clears the $81,500 resistance zone. Bitcoin managed to form a base above $80,000 and started a recovery wave. The price is trading above $80,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $81,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $81,500 zone. Bitcoin Price Eyes Fresh Upside Break Bitcoin price remained supported above the $80,000 zone. BTC formed a base and settled above $80,500 to start a recovery wave. There was a move above the $80,650 and $80,800 levels. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $82,100 swing high to the $79,844 low. However, the bears could be active near $81,250. There is also a bearish trend line forming with resistance at $81,500 on the h
The post SOL Price Prediction: $105 Target Within 14 Days as Whales Double Down Despite Seller Pressure appeared on BitcoinEthereumNews.com.
Caroline Bishop
May 12, 2026 07:13
Solana sits at a critical inflection point at $96.24 with smart money positioning aggressively long while retail selling intensifies. Technical setup screams 70% probability of $105 breakout within…
SOL’s Technical Reality Check Solana’s current positioning reveals a market caught between conflicting forces that spell opportunity for those reading the signals correctly. With price hovering at $96.24 and RSI at 69.82, we’re seeing classic late-stage accumulation behavior where momentum hasn’t quite tipped overbought but buying pressure remains persistent. The MACD histogram sitting at dead zero isn’t bearish momentum – it’s compression before expansion, and the direction depends entirely on the next catalyst. The Bollinger Band positioning at 0.96 tells the real story here. SOL is practically kis
The post DTCC and Chainlink Expand Blockchain Push in Finance Systems appeared on BitcoinEthereumNews.com.
DTCC and Chainlink are building blockchain tools to modernize collateral and settlement systems. Kraken and Franklin Templeton are expanding tokenized investment products for institutional markets. Financial firms see tokenized assets as a faster and more efficient future for global finance. Major financial institutions are using more tokenized assets in post-trade and investment systems as blockchain becomes more common in traditional finance. DTCC, Chainlink, Kraken, and Franklin Templeton are developing systems for collateral management, trading, and asset tokenization. As per the announcement, the Depository Trust & Clearing Corporation will integrate Chainlink technology into its Collateral AppChain platform. The system focuses on improving collateral movement and risk management across global markets. DTCC also plans to use Chainlink’s Runtime Environment to link asset pri
Kraken parent Payward will plug Franklin Templeton’s BENJI tokenized money market fund into its platform as collateral and cash management, letting clients earn yield on idle dollars on‑chain. Kraken’s parent company Payward and Franklin Templeton have announced a strategic partnership…
Solana's proactive quantum readiness plan could set a precedent for blockchain security, influencing industry standards and investor confidence.
The post Solana outlines quantum readiness roadmap amid rising threats appeared first on Crypto Briefing.