As Solana and Dogecoin struggle to regain momentum, experts are turning to rising XRP rival Remittix.

Investors are unsure whether it is the ideal time to purchase Solana (SOL) and Dogecoin (DOGE) as market volatility hits the crypto scene. Although both altcoins have seen recent declines, technical data point to a possible bullish breakout ahead. Concurrently, observers are focusing on Remittix (RTX), a project quickly acquiring popularity for its transformative vision for crypto-to-fiat transfers. 

Solana’s price swings

Over the past week, the Solana price has been a rollercoaster. After a consolidation phase spanning $222 to $200, a strong bearish breakout saw the altcoin falling to $188. Bulls soon recovered control, though, bringing the Solana price back above $200 and near the $205 resistance zone. However, at the time of writing, Solana had declined below the $200 mark again.

Nonetheless, SOL has grown over 3.50% in the past month, confirming its ranking among the top altcoins. As Solana tests a significant support trendline within a parallel channel, crypto expert Ali Martinez points out a pivotal point for the altcoin. Should this level hold, the Solana price chart points to a possible surge to $350. 

A bearish breakout, though, might force Solana near $150. Technical indicators including the MACD, Momentum Oscillator, and Moving Averages are flashing strong buy signals, suggesting that bulls might shortly take the front stage. Solana is currently trading more than 30% below its all-time high (ATH) of $294, hence investors hope for a recovery and maybe a retest of the ATH this month.

Dogecoin eyes rebound

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