Solana, Bitcoin, BONK Face Pivotal Moment in Asian Trading – Price Watch May 19
Crypto traders brace for volatility as Solana tests key resistance levels, Bitcoin wobbles near its psychological threshold, and meme coin BONK rides the speculative wave. Asia’s session could set the tone for global markets—or just deliver another day of ’number go up’ theater.
Solana bulls eye a breakout above $180, while Bitcoin’s $67K support becomes the line in the sand. Meanwhile, BONK’s 20% intraday swing proves degenerate gambling... sorry, ’altcoin rotation strategies’ remain alive and well.
Watch for liquidity crunches as institutional traders sip coffee—retail bags get heavier by the minute.
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crash
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high. If SOL closes below its critical support level, the selling pressure could accelerate, potentially driving the token into a double-digit decline toward the $141 mark.
Top 3 Price Prediction: BTC, ETH and XRP breakout or fakeout? Momentum tools flash weakness
Bitcoin (BTC) trades slightly lower on Monday after breaking above key resistance at $105,000 on Sunday, raising concerns of a potential bull trap. Meanwhile, ethereum (ETH) and Ripple (XRP) hold near crucial support levels; a decisive close below their support levels could trigger a deeper correction. Moreover, these top cryptocurrencies’ momentum indicators flash weakness as the broader crypto market enters a phase of consolidation and waning bullish strength.
BONK price slides despite partnership with DeFi Development Corp to launch Solana validator
BONK declined 4% on Friday despite an announcement from DeFi Development Corporation that it has entered a validator partnership with the solana meme coin to expand its business and grow its SOL Per Share value. Solana treasury-focused firm DeFi Development Corporation has partnered with meme coin BONK to co-launch a Solana validator, according to a press release on Friday.