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21.11 - 16:17
Solana, Litecoin, Cosmos Price Analysis: 07 November
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At press time, most of the alts were trading in green in the last 24 hours. Altcoins like Solana, Litecoin, and Cosmos saw daily gains while their near-term technical indicators flashed mixed signals. After following a month-long bullish trajectory, Solana struck its ATH and showed signs of easing bullish momentum.
Whereas alts like Litecoin and Cosmos showed signs of revival as their technicals pointed at easing bearish momentum.
TradingView, SOL/USD
Since 6 October, the SOL price action was northbound after undertaking a bullish trajectory and oscillated between the parallel lines. The ‘smart contract platform’ registered a staggering 64.4% and 31.2% monthly and weekly ROI, respectively.
Consequently, the price marked higher highs and
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