Kategorie: Crypto News

• Solana price dropped to lows of $129, falling as Bitcoin and Ethereum dipped below key levels.
• Bulls have shown a slight bounce with SOL above $136.
• If bears take further control, the altcoin could dip to lows of $100.

Solana (SOL) was trading in the red, down 3% in the last 24 hours.

However, the altcoin has staged a tentative recovery, with bulls climbing back above $136 after dipping to intraday lows of $129.

Prices are down 17% in the past week and 26% from SOL’s three-month high.

Nonetheless, trading volume has surged to over $9.1 billion, up 76% in 24 hours and signaling heightened investor activity.

Amid broader market jitters, Bitcoin’s price has slipped to $90,000, and Ethereum touched lows of $2,940.

So, does Solana’s rebound signal a slowdown of bearish pressure, or are bears regrouping for a fresh attack?

Solana price – negative but SOL back above $130

The sharp descent that preceded Solana’s slight recovery comes as crypto suffers further price vulnerability.

SOL plumbed depths of $129 on November 17, marking its lowest level since April 2025.

On major exchanges like Binance and Coinbase, the plunge wiped out most recent gains as bears extended losses and looked poised to revisit levels seen earlier in the year.

Cascading liquidations have seen rekt positions cross the $1 billion mark across the crypto sector in the past 24 hours.

It all points to selling that has bulls pegged in negative territory. Yet, analysts see a potential bounce.

What’s next for SOL?

The technical picture on Solana’s daily chart paints a cautiously optimistic yet precarious outlook.

SOL price teeters between a markedly bearish structure and hints of bullish divergence. 

Notably, Solana’s token currently trades below the key moving averages of the 50-day and the 200-day.

Bears are showing downtrend control with a potential death cross pattern.

However, this is only hinted at on the daily chart, and despite strong sell signals across multiple oscillators, including RSI and MACD indicators, bulls might have a chance to invalidate the picture.

“SOL putting in quite the reversal relative to its $BTC pair. And it’s not the only coin,” Daan Crypto Trades said on X.

$SOL Putting in quite the reversal relative to its $BTC pair.

And it’s not the only coin.

Good to watch here. pic.twitter.com/I5rrbT8uAF

— Daan Crypto Trades (@DaanCrypto) November 18, 2025

A decisive hold above the $130 level could allow buyers to target the $145-150 demand zone.

Previous consolidations in the region have helped bulls advance toward $160-180.

The token is now consolidating and trading below $140 and the 100-hourly SMA, facing immediate resistance at $136, where a bearish trend line also sits.

A move above $142 could open the door to a recovery toward $150 and $155.

However, failure to clear $140 risks renewed downside, with support at $130 and $128.

A break below $128 may push SOL toward $120 or even $108.

In the short term, the main support area in case of a fresh decline could allow sellers to target $100.

Long-term, Solana’s outlook remains largely bullish. ETF momentum, network upgrades, and regulatory shifts all provide a major confluence for bulls.

The post Solana price bounces off $129 lows but is SOL out of the woods? appeared first on CoinJournal.

• Strategy acquired 8,178 BTC for $835 million, bringing total holdings to 649,870 BTC.

• The firm’s Bitcoin stash is now worth $61.7 billion, with $13.3 billion in unrealised gains.

• CEO Michael Saylor dismissed rumours of BTC sales, reaffirming Strategy’s “buy-and-hold” stance.

The world’s largest corporate holder of Bitcoin, Strategy, has resumed aggressive accumulation of the cryptocurrency with a purchase worth $835 million, even as prices remained volatile and sentiment turned cautious.

In a filing with the US Securities and Exchange Commission on Monday, the company reported buying 8,178 Bitcoin (BTC) at an average price of around $102,100 each.

The acquisition marks a sharp uptick from the firm’s earlier pace of 400–500 coins per week through October and early November.

The latest buy underscores Executive Chairman Michael Saylor’s conviction in Bitcoin as the firm’s core treasury asset, despite the cryptocurrency’s recent pullback.

Bitcoin treasury expands to nearly 650,000 coins

Following the purchase, Strategy now holds 649,870 BTC, valued at roughly $61.7 billion at current prices, based on CoinGecko data showing BTC trading near $94,200.

The company’s cumulative acquisition cost stands at $48.4 billion, implying paper gains of about $13.3 billion.

At that scale, Strategy controls more than 3% of Bitcoin’s total 21 million supply, making it by far the world’s largest corporate holder of the asset.

“₿ig week,” Saylor hinted on X (formerly Twitter) ahead of the announcement, signalling to his followers that another large purchase was imminent.

Despite the buying spree, Strategy’s stock (MSTR) fell more than 16% over the past five days to $197.03 on Nasdaq, reflecting broader weakness in crypto-related equities after Bitcoin’s sharp correction.

Saylor reaffirms commitment, dismisses sale rumours

Last week, Saylor pushed back against speculation that the company had sold part of its Bitcoin holdings.

The rumour originated from a Walter Bloomberg post on X citing Arkham Intelligence data, which later clarified that the on-chain movement reflected wallet reorganisation, not liquidation.

“There is no truth to this rumour,” Saylor said in response.

“We are buying. We’re buying quite a lot, actually, and we’ll report our next buys on Monday morning. I think people will be pleasantly surprised,” he told CNBC.

Just a week earlier, Strategy disclosed it had purchased an additional 487 BTC for $49.9 million, taking its total holdings at the time to 641,692 BTC.

Volatility returns to Bitcoin

Bitcoin’s latest rally came under pressure last week, with the cryptocurrency falling as much as 25% from its October all-time high near $126,000, dropping to a Sunday low of $93,029 before rebounding modestly.

Despite the US government reopening after a record 43-day shutdown, market uncertainty tied to President Donald Trump’s tariff policies and global risk aversion has led to heavy liquidations across digital assets.

Even so, 2025 has marked a pivotal year for corporate Bitcoin adoption, with 194 public companies now holding BTC on their balance sheets, according to Bitcoin Treasuries data.

Other major holders include Marathon Digital (MARA), Twenty One, Metaplanet, and Riot Platforms, all of which have added to their reserves amid growing regulatory clarity under the Trump administration.

The post Strategy adds $835M in Bitcoin even as BTC price continues decline appeared first on CoinJournal.

• Chainlink price broke below $14 on Monday and traded to lows of $13.45 amid a spike in volume.
• LINK shows weakness as a bearish setup forms on the daily chart.
• Bears could target $10.97 if weakness intensifies near $13.

Chainlink trades in a downward trend that mirrors the renewed selling pressure that has pushed Bitcoin below $95,000 and top altcoins into the red.

LINK, the native token of Chainlink, hovered near the psychologically important $13 mark as bulls struggled.

Notably, this comes after the token failed to sustain momentum after bulls hit highs above $27.80 in August.

Lately, a decline below $20 amid a 21% nosedive on October 10,2025 has seen LINK erase most of bulls managed since the July 2025 uptick. Price fell below $14 on Friday.

Could the broader caution cascading across the altcoin market allow for further price deterioration?

Chainlink extends decline to near $13

As of writing, Chainlink price has lost 13% over the past week. While bulls are near the $14, the token touched intraday lows of $13.45 on Monday.

One key observation is that Chainlink’s trading volume has remained elevated during the downturn.

This suggests conviction among sellers, who have pushed prices lower amid a symmetrical triangle pattern formation.

Accompanied by a sharp spike in volume, up 59% in 24 hours to over $837 million, LINK’s breakdowns mirror what typically happens amid fresh downside volatility.

In fact, as can be seen in the chart below, the altcoin’s daily price chart signals a potential death cross pattern.

What’s the Chainlink price outlook?

The technical outlook has key indicators flashing bearish signals, with the 50-day simple moving average (SMA) set to cross below the 200-day simple moving average.

Death crosses are lagging indicators, which means that while not entirely predictive in itself before confirming, their appearance has historically marked the beginning of an extended bearish phase.

For Chainlink, indications of downward pressure go beyond the death cross.

On the daily chart, the Relative Strength Index (RSI) has fallen below the neutral 50 level and is approaching oversold territory. RSI currently sits near 36/

Also strengthening downward pressure is the Moving Average Convergence Divergence (MACD). Currently, the histogram is negative, and the MACD line below the signal line points to strong bearish momentum.

From a price action perspective, the next major support cluster lies in the $11.77-$10.97 area.

Per the daily chart, this zone has previously acted as a strong demand in April and June 2025.

However, if Chainlink can defend the $13 psychological threshold, near-term projections could see bulls target an immediate major resistance mark near $15.55.

The level coincides with the previous golden cross pattern that saw bulls break out above $20 and hit highs of $27 in August.

Bullish, but a daily close below $13 means bears could have a path to a revisit of the multi-year support near $8.50.

The post Chainlink price slides toward $13 as bearish signals mount: is an $8.50 retest next? appeared first on CoinJournal.