Analytics

SOL, BONK and DOGE Price Analysis for December 19

Most of the coins are facing a bounce back after a few days of correction, according to CoinStats.

SOL/USD

The rate of Solana (SOL) has risen by 5.06% over the last day.

On the daily chart, the price of SOL keeps trading sideways, gaining energy for a further sharp move.

Buyers may start thinking about an ongoing rise only if the rate breaks the $78 mark and fixes above it.

SOL is trading at $74.43 at press time.

BONK/USD

BONK has not followed the rise of SOL, going down by 1.73%.

The rate of BONK is looking bearish as the price is coming back to the support level of $0.0000183. If it breaks out, the decline may continue to the $0.0000149 mark soon.

BONK is trading at $0.0000194 at press time.

DOGE/USD

The rate of DOGE has increased by 1.38% since yesterday.

From the technical point of view, the price of DOGE is neither bullish nor bearish, as it is located in the middle of a wide channel. However, if buyers lose the $0.09 area, there is a chance to see a drop to the support of $0.08380 soon.

DOGE is trading at $0.09151 at press time.

Source

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