Compound Finance, Solana & DogeCoin — Asian Wrap 29 June

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Compound’s COMP price could be a very favorable digital asset in the coming weeks. This article is meant to inform investors of data excluded on Tradingview’s Binance, Coinbase and Kucoin exchanges for reasons that have yet to be explained. 

 

Solana price shows early signs of a bearish downtrend underway. The invalidation level is a vital determinant of future price action. Solana price shows exhaustion as the bulls have lost the battle for the $40 barrier. Since June 13, when lows were established at $25.86, the centralized smart contract token has managed to rally 65%.

 

Dogecoin price pulls back to $0.06 after seeing rejection just below the $0.08 barrier on Monday. DOGE price points to $0.055 as a bearish confluence zone on the Fibonacci Projection Indicator. Invalidation of the bullish uptrend remains $0.048 with one caveat.

 



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