Solana, Cardano Price Analysis: August 26, 2021

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Solana soars another 14% and trades a new all-time high of $84.
Cardano risk another dip toward $2 if the MACD confirms a sell signal in the short term.

The cryptocurrency market is still red on Friday, especially for the top fifty cryptocurrencies. As discussed, Bitcoin is holding at crucial support, provided by the 200-day Simple Moving Average (SMA). However, more losses linger following an upsurge in exchange inflows.
Ethereum leads the altcoin pack with sluggish trading. On the brighter side, Ether has weathered down the correction, stopping losses above $3,000. On-chain data by Santiment recently confirmed that Ethereum is nearing a buy the dip opportunity to see it close the gap to $3,400 and later $4,000.
Similarly, Cardano is down 4.3% in the last 24 hours. The smart contract token can barely hold above $2.5 (previous all-time high). Binance Coin and Ripple have been spared the ax, with losses amounting to 4.4 and 6.7%, respectively.
Solana:-
Solana dropped to $65 on Thursda

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