After a widespread liquidation that swept across the crypto market, the Solana price has dropped below the $210 support. The dip has sparked concern among traders, many of whom are now reassessing their positions.
At the same time, some Dogecoin holders are shifting focus toward Digitap ($TAP), the best ICO crypto in the market. With over $200k in funding raised and a growing user base, Digitap is gaining traction in the market. Analysts have tagged it the next best cryptocurrency to buy.
Solana (SOL) Loses Key Support Region
The Solana coin has been steadily declining in the last seven days. The Solana price chart on CoinMarketCap shows that the altcoin soared to about $255 earlier. Unfortunately, bearish pressure has set in the market in these past few days.
This sell-off has affected the Solana price, pushing it slightly below $210. This steep decline signals strong bearish sentiment and a breakdown of key psychological support levels. Technical indicators also echo the bearish momentum. The RSI has dropped to 39.39, a sign that buying pressure has dropped.
Still, experts look forward to a Solana price recovery. Don, a crypto trader, notes that the altcoin is trading inside a symmetrical triangle. Upon breakout, his chart shows the Solana coin soaring to $320 and then $418.
Also, Rose Premium Signals forecasts that the price of Solana could skyrocket to $299. However, if the Solana price loses the $200 support, it could fall to $195 and $180 if the downtrend deepens.
Dogecoin (DOGE) Price Plummets, But Analyst Forecast Upside
As pressure mounts in the crypto market, the price of Dogecoin has dropped by 16.0% on the 7D chart, per CoinMarketCap. After peaking above $0.30 earlier this month, DOGE has seen a sustained pullback, currently hovering near support levels around $0.23.
The recent candles show indecision, suggesting potential consolidation or a reversal attempt. Meanwhile, the RSI is currently at 43.95, below the neutral 50 level, indicating bearish momentum.
On the other hand, Trader Tardigrade states that the Dogecoin price is ready for the next surge. According to the analyst, the memecoin has successfully retested the top of a symmetrical triangle, which is a bullish sign. Trade Tardigrade forecasts that the Dogecoin price could pump to $0.75.
Meanwhile, another market watcher, Javon Marks, posted a close Dogecoin price prediction. He informed his audience that Dogecoin could soar to a minimum $0.73 in the coming months. For now, the crypto community awaits the SEC’s approval of a Dogecoin ETF by November.
How Digitap ($TAP) Bridges Real-World Banking Gaps
Digitap ($TAP), a rising name in the crypto sector, is set to address one of the industry’s biggest limitations: real-world banking utility. While many platforms focus solely on blockchain innovation, Digitap connects digital assets with everyday financial services, offering a tangible solution for the unbanked and underbanked populations globally.
With its real-time crypto-to-fiat engine, users can send money directly to banks and mobile wallets, convert tokens instantly, and spend using virtual or physical cards across 180+ countries. In addition, Digitap’s ease of use and fiat compatibility considerably lower the entry barrier.
Furthermore, Digitap addresses systemic barriers. Its no-middleman model may facilitate direct peer-to-peer transactions and low-cost cross-border payments.
Digitap: Blurring the Line Between Fiat and Crypto
In addition, the Digitap mobile application is the main platform where users can control their crypto and fiat transactions without any inconvenience. The app is user-friendly and can be used by both new and experienced users, allowing them to transfer wallets to wallets, crypto-to-fiat in real-time, and directly pay to bank accounts in more than 180 countries.
Combined with the physical and virtual cards offered by Digitap, users will be able to use their crypto as cash, online and in-store. This is a part of the project’s mission is to close the divide between digital assets and real-world applications, providing a simplified alternative to conventional banking.
Presently, Digitap’s $TAP token is in the presale stage. It powers the platform and is used for staking and governance. The $TAP coin is currently trading at $0.0125 and is expected to soar to $0.0159 once this stage is over.
For Info about $TAP, visit Digitap.app Presale or Join the Community
What Is The Best Crypto To Invest In Today?
As Solana breaks support and Dogecoin holders seek alternatives, Digitap is entering the conversation. While still early in its development, the project’s presale traction has positioned it as one of the best alt coins to watch. The platform is offering a limited 15% discount for those who join now.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale https://presale.digitap.app
Social: https://linktr.ee/digitap.app
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
