ClearValue Team Insights
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Solana’s July Monthly Candle Close
Solana formed the most bullish monthly candle close in July. SOL is building support around $125, and is trying to rally to the upper end of the range around $203. I think SOL continues to see some upside despite BTC and ETH starting to struggle. BlackRock is downplaying the idea of a Solana ETF due […]Read More
Ethereum’s July Monthly Candle Close
Ethereum’s monthly candle close looks relatively more bearish. ETH has declined for two consecutive months despite an ETF launch. There is support building up at the green trendline around $2,800, and resistance at the red trendline around $3,700. ETH failed to reach $3,700 in July, which was very disappointing to see. I think ETH likely […]Read More
Bitcoin’s July Monthly Candle Close
The monthly candle has closed as we enter August tomorrow. Overall I think Bitcoin had a pretty good month considering everyone thought Bitcoin would drop to $40k. Bitcoin is continuing to trade within the bull flag, but there has not been a bullish breakout yet. For now the price action is neutral between $54k and […]Read More