* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, September 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Solana price prediction – These are the price targets after +$9M liquidations

May 4, 2024
in Business
Solana price prediction – These are the price targets after +$9M liquidations
Share on FacebookShare on Twitter

Solana revisited $145, causing a cascade of liquidations in the market
High liquidity at $150 could drive the price up on the charts

AMBCrypto found that Solana [SOL] positions worth $9.14 million have been liquidated in the last 24 hours. Out of this figure, long positions accounted for $2.37 million while shorts took more of the hit, with $6.77 million liquidated.

Liquidation occurs when a trader’s balance is insufficient to keep a trade open. This leads to a partial or total loss of the initial margin. In some cases, the event happens because of high leverage, extreme volatility, or a failed bet.

For those unfamiliar, longs are traders betting on the price of an asset to increase. Shorts, on the other hand, are those predicting a decline.

AMBCrypto’s investigation revealed that the liquidations occurred because of SOL’s price action. Like other cryptocurrencies in the market, SOL tumbled on 2 May, leading traders to assume that the price might continue to slip on the charts.

Solana liquidations hit almost $10 million

Source: Coinglass

No giving up on the forecast?

However, the token had other plans as it rose to $145.08 two days later. In fact, SOL’s price appreciated by almost 5% in the last 24 hours. Should the price continue to rise, more positions, especially on the short side, could be wiped out.

However,  liquidations did not deter traders from taking a break. This was evidenced by the Open Interest (OI). According to data from Santiment, SOL’s OI rose to $1.45 billion. An increase in OI implies that new money is flowing into the market. When the OI hikes, it means that traders are increasingly closing their positions.

The OI hike could fuel the direction the crypto takes next. Hence, the price of SOL might keep moving north in the short term.

However, it is important to note that OI might not be large enough to set off a rally. As such, SOL might change hands within a tight trading range of $145 and $150.

Furthermore, AMBCrypto observed one interesting thing from the Funding Rate. For context, a positive Funding Rate implies that the perp price of an asset is trading at a premium. Here, longs pay a funding fee to shorts.

Rising open interest and negative funding rate for SOL

Source: Santiment

Conversely, a negative reading suggests that the perp price is trading at a discount. At the time of writing, SOL’s Funding Rate was -0..009% on the charts.

SOL to $160 looks possible

This high negative reading implies that shorts have been aggressive. However, the token’s rising price revealed that they are not being rewarded. Should the metrics remain this way, SOL might reinforce its bullish potential and the shorts might face another round of liquidations.

Additionally, we also looked at the liquidation heatmap which identifies high areas of liquidity. This indicator also tells traders the possible direction the price might move in.

Based on Hyblock’s data, it can be seen that there was high liquidity at $150, $160.80, and $178.47 (all coloured yellow) This implies that SOL’s price might move toward these zones.

Solana's liquidation heatmap shows a bullish sign

Source: Hyblock

Read Solana’s [SOL] Price Prediction 2024-2025

If the altcoin’s price continues to hike, the first target would be $150. At this point. it could face some resistance.

However, a successful breach of this region could trigger a jump toward $160, and this could be a reasonable short-term price.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : AMBCrypto – https://ambcrypto.com/solana-price-prediction-these-are-the-price-targets-after-9m-liquidations/

Tags: businessPriceSolana
Previous Post

Is Cardano’s price action set to repeat its 2019 market trend? Metrics say…

Next Post

LaSalle’s Strawberry Festival returns June 6-9

Hypertension – World Health Organization (WHO)

Hypertension – World Health Organization (WHO)

September 26, 2025
In Kansas City, Secretary Rollins Speaks on State of Farm Economy, Announces Suite of Actions to Support American Farmers – USDA (.gov)

Secretary Rollins Launches Bold New Initiatives to Boost Kansas City’s Farm Economy and Empower American Farmers

September 26, 2025
Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

September 26, 2025
Vandalia Health Mon Stonewall Jackson Memorial Hospital to host blood drive Sept. 29 – Mon Health

Vandalia Health Mon Stonewall Jackson Memorial Hospital to Host Life-Saving Blood Drive on September 29

September 26, 2025
Special congressional election sees 3% voter turnout in Nashville: Week in politics – The Tennessean

Nashville’s Special Congressional Election Draws Just 3% Voter Turnout

September 26, 2025
Ecological burns slated for Corvallis area this weekend – NPR for Oregonians

Ecological Burns Set for This Weekend to Revitalize Corvallis Habitats

September 26, 2025
Beijing International Week for Science Literacy Wraps Up with Focus on AI-Driven Communication – The Korea Herald

Beijing International Week for Science Literacy Wraps Up Highlighting AI-Powered Communication Innovations

September 26, 2025
Science & Society: September 2025 – Yale School of Public Health

Science & Society: September 2025 – Yale School of Public Health

September 26, 2025
New Mexico Prickly Pear Festival expands to two-day event – Albuquerque Journal

New Mexico Prickly Pear Festival Grows into Exciting Two-Day Celebration

September 26, 2025
Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

Autonomous Solutions Unveils Cutting-Edge Technology for the Public

September 26, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (838)
  • Economy (859)
  • Entertainment (21,734)
  • General (17,259)
  • Health (9,902)
  • Lifestyle (871)
  • News (22,149)
  • People (860)
  • Politics (869)
  • Science (16,068)
  • Sports (21,358)
  • Technology (15,841)
  • World (842)

Recent News

Hypertension – World Health Organization (WHO)

Hypertension – World Health Organization (WHO)

September 26, 2025
In Kansas City, Secretary Rollins Speaks on State of Farm Economy, Announces Suite of Actions to Support American Farmers – USDA (.gov)

Secretary Rollins Launches Bold New Initiatives to Boost Kansas City’s Farm Economy and Empower American Farmers

September 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version