SOL Slips Over 10%, as RUNE, WAVES Down Nearly 20% – Market Updates Bitcoin News - BitcoinEthereumNews.com
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest cryptos to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March, as it rose from a low of $10, climbing to a now record high of $64. Since then, WAVES has been in free-fall, falling for six consecutive sessions, and is now trading at a two-week low below $30. As of writing this, WAVES/USD dropped to an intraday low of $27.43 during Wednesdays session, which is its lowest point since March 17. वेव्स/यूएसडी - दैनिक चार्ट Todays drop means that prices are now almost 50% lower than at the same point last week, and comes as traders continue to dump the token following recent record highs. Looking at the chart, todays fall moved past support at $30, and looks to be in search of a durable floor, which could come at $24. Price strength is also within the oversold territory, relatively speaking, with the 14-day RSI tracking at 40.5, which is the lowest point since February 22. Despite this, we may still see further falls