An experienced crypto analyst said Solana’s ‘do or die!’ He says it is at the level. The analyst also updates his perspective on Bitcoin and Dogecoin. In this context, the analyst draws attention to critical levels for BTC and DOGE.
Analyst: If SOL cannot hold $140, it will fall further!
cryptokoin.com As you follow from , the tides continue in the cryptocurrency market. Leading crypto Bitcoin dived to $67,000 after rising to $70,000. In this unknown environment, analysts point out critical levels for tokens. The well-known analyst with the pseudonym Credible Crypto predicts that Solana will fall if it cannot hold $ 140 as support. In this regard, the analyst makes the following statement:
LEFT: This is the last thing stopping us from melting towards the lows of the range at $115. Because this is the region where it is most likely to see some relief. I’m completely out of the shorts here and waiting to see what kind of reaction we get. The neat news is that both SOL and DOGE reached their do-or-die levels at the same time BTC hit our range lows. It’s nice to see the convergence, and if BTC reverses here, DOGE and SOL will also reverse (at least intermittently). This is my preferred (most logical) scenario right now.
![](https://kriptokoin.com/wp-content/uploads/2024/06/Grafik-1-11-1200x668.jpg)
Based on its chart, the analyst suggests that SOL may remain in the uptrend and reach $230 before declining. Meanwhile, Solana was trading at $149 at the time of writing, down 5.6% in the last 24 hours.
Credible Crypto: The critical level for DOGE is $0.13!
Next, the analyst covers the well-known chest coin Dogecoin (DOGE). The analyst says DOGE price needs to hold $0.13 as support for a jump to around $0.19. In this context, Credible Crypto shares the following analysis:
If you want the chance to get out of your DOGE longs after buying the top because crypto Twitter says we’re going to $1 tomorrow, just hope we hold this area here. This is the area I marked three days ago as a potential bounce zone for some relief, and now we’re here.
![](https://kriptokoin.com/wp-content/uploads/2024/06/Grafik-4-4-1200x668.jpg)
Meanwhile, Dogecoin (DOGE) was trading at $0.1431 at the time of writing, with a slight increase in the last 24 hours.
“ BTC’s uptrend will end if it fails to hold $60,000!”
Finally, the analyst discusses the leading crypto Bitcoin (BTC). The analyst says BTC’s current uptrend will end if it fails to hold $60,000 as a base. Credible Crypto explains this prediction as follows:
We were unable to reach the lower levels of our range and my original bearish goal on BTC has now been hit. Bids remain at $62,000-65,000. Claims appeared to be $67,000-68,000 above the price. In this phase, BTC and multiple altcoins I track have achieved the downside goals I was looking for… BTC has room to work, as things only look worrisome below $60,000.
![](https://kriptokoin.com/wp-content/uploads/2024/06/Grafik-2-11.jpg)
The analyst suggests that Bitcoin may rebound after breaking lower and rise to around $77,000. In this context, the analyst said, “The red wavy line appeared. The green squiggly line has not manifested now. Let’s see if we can complete the cycle of manifestation.” says.
![](https://kriptokoin.com/wp-content/uploads/2024/06/Grafik-3-8-1200x668.jpg)