Coin Edition -
- TAO might retest $475 due to the golden crossed 9 and 20 EMAs formed.
- Capital flow in HNT has decreased, suggesting a move down to $6.70.
- SOL might drop below $100, but a long-term entry appeared at $89.
While the broader market has enjoyed a relative rebound this week, most market participants were focusing on speculative cryptocurrencies, Santiment posted. According to Santiment, assets including Bittensor (TAO), Solana (SOL), and Helium (HNT) have been beneficiaries of this rising interest. But it has been to the detriment of Bitcoin (BTC), whose social volume has been decreasing.