BTC, SOL and AVAX Price Analysis for June 15

Despite the oversold market, most of the coins have continued their drop.

Top coins by CoinMarketCap
Top coins by CoinMarketCap


Bitcoin (BTC) is the biggest loser today as the decline of the main crypto has accounted for 3.67%.

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BTC/USD chart by TradingView
BTC/USD chart by TradingView

Bitcoin (BTC) has bounced off the $20,000 mark, which means that bulls are not going to give up so easy. In addition, the selling volume is declining, confirming bears’ weakness. If the daily candle remains above $21,000, there are chances to see the further correction to the $23,000 zone.

Bitcoin is trading at $21,302 at press time.


The rate of Solana (SOL) has gone down by only 0.55% since yesterday.

SOL/USD chart by TradingView
SOL/USD chart by TradingView

Solana (SOL) has not gone below the recently formed level at $26. At the moment, the rate is stuck in the narrow range between the support and the resistance at $32.32. All in all, a local rise is possible if buyers return the price to the vital $30 mark.

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SOL is trading at $28.82 at press time.


Avalanche (AVAX) is no exception to the rule, falling by 2.21%.

AVAX/USD chart by TradingView
AVAX/USD chart by TradingView

AVAX has made a false breakout of the $14.58 mark against the high trading volume. Currently, traders should pay close attention to the $16 mark. If buyers can fix the rate above it, it might be a prerequsite for the test of the resistance at $17.30 shortly.

AVAX is trading at $15.71 at press time.

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