Make It or Break It
A crypto expert has declared that Dogecoin (DOGE) and Solana (SOL) have reached a crucial stage. This “make it or break it” moment could lead to a much-needed rebound for these cryptocurrencies.
Positive Outlook
The analyst believes that this is actually good news for DOGE and SOL. The reason? Bitcoin, the king of crypto, is also hitting lows. As Bitcoin recovers, it’s likely to drag the rest of the market up with it, including DOGE and SOL.
Solana’s Key Level
The analyst has identified a key support zone for Solana between $141 and $147. If SOL can hold this level, it could see a significant rebound. However, if it falls below this zone, it could face further losses.
Dogecoin’s Performance
Dogecoin has also been struggling lately, but it’s expected to benefit from Bitcoin’s recovery. At the time of writing, DOGE is trading at $0.14, down 13.79% over the past week.
Solana’s Decline
Solana has also seen a sharp decline, falling by 11.63% in the past week. It’s currently trading at $152, after losing another 1.16% in the last 24 hours.
Overall Market Conditions
The crypto market as a whole is currently in a downtrend. However, the analyst’s prediction suggests that DOGE and SOL could see some relief if Bitcoin reverses its course.
