- Solana, polar cadot and cronos react in the middle of growing recession concerns to technical levels and strategic steps.
- The risk of recession is now to be 40%, and crypto-assets can experience more volatility outbreaks-and that also includes those upwards.
In the first week of April 2025 there is a lot of activity at the cryptom market. Painters such as Solana (Sol), Polkadot (Dot) and Cronos (Cro) are observed exactly, while they navigate critical technical levels and changing market dynamics.
Solana: critical point
Solana optimists take an outbreak in connection with Blackrock’s strategic step in the eye. Solana, known for his high-speed transactions and its scalable architecture, is now being traded near a decisive level of support at $ 119.5. In the past, this price was a bulwark, and the sellers had trouble breaking it.
A “death cross” formed on March 3., in which the sliding average of the 50- and 200-day line overlap, indicates a possible declining momentum. A crucial breakthrough under $ 119.5 could open the door for a decline towards $ 100. However, if the bulls remain steadfast, a rise between $ 160 and $ 180 could be imminent during the month.
Solana (SOL) is currently being traded at a price of $ 125.40, with a decline of 0.54% in the past few days and 10.64% last week. See SOL price diagram below.
Polkadot: Bulls scratch the hooves
Polkadot, a protocol that enables crisschain interalability, attract attention, since its price fluctuates around the important support brand at $ 4, which has been repeatedly tested since 2022.
As CNF reported, the StableCoin volume of Polkadot has reached record heights, which drives liquidity and acceptance, since large stock exchanges take native USDT and USDC on board.
Technically speaking, Dot forms a falling wedge pattern, a setup that typically signals an outbreak upwards. If this is confirmed, Dot could increase to $ 8.41 by the end of 2025.
Cronos: Strategic initiatives have a positive effect
Cronos – formerly Crypto.com Coin – impressed with strength by rising by 30% in the past week and increasing 54% compared to its annual low – CNF.
This dynamic is driven by long -term development, including a partnership with Trump Media for the introduction of ETFs. In addition, community-guided initiatives, such as the creation of a strategic cryptor reserve, which is financed by 70 billion cro-tokens, and the burning of 50 million tokens strengthen the trust of investors.
Cro is currently approaching a level of resistance at $ 0.09802. A crossing would create the prerequisites for a movement in the direction of the Fibonacci retracement level of $ 0.133.
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