Solana’s price has begun to recover after roughly a month of downside, trading near $127. As selling pressure eases, momentum appears to improve. The AlpenGlow upgrade fuels investor sentiment, with the testnet expected before year-end and mainnet deployment planned for early next year. This roadmap could act as a bullish catalyst, with MACD momentum firming and SOL potentially surpassing $130 to approach the $136 resistance; however, year-end demand uncertainty keeps downside risk if participation wanes.
The Graph’s Horizon testnet is positioning the token for a year-end mainnet launch, aiming to position the protocol as a global data layer. Interest has picked up as launch approaches, and the mainnet could be a major catalyst for GRT. From a price perspective, it trades around $0.0377, with Bollinger bands narrowing and a potential move to $0.0421; failing to break $0.0381 could keep it under resistance and widen the risk of a pullback to $0.0353, threatening a near-term recovery.
Avalanche is gearing up with the launch of the Particle Chain, introducing a Universal Account-based general-purpose trading layer to integrate chains, assets, and apps and boost its role as an scalable DeFi ecosystem. AVAX has risen about 13.5% over the last 10 days and trades near $13, with Parabolic SAR turning higher toward $13.40. The next target is to reclaim the $14.89 resistance; a breakout would confirm an uptrend, while failure to clear $13.40 could stall momentum and push AVAX back toward $12, undermining the outlook.
Leave a Reply