According to current data, $near #NearBullish Protocol is trading at $6.74, with potential upside to $9.66, its nearest resistance level. If buying pressure persists, we might see a push towards the second resistance at $12.01. The 100-day SMA signals a buying opportunity around $4.35, suggesting a potential uptrend. However, caution is warranted as short-term indicators like MACD and the 10-day MA hint at selling pressure, necessitating careful evaluation.
On the downside, initial support lies at $4.29, and further weakness could lead to a test of the second support at $1.29. The market's uncertainty is reflected in neutral readings from RSI and Stochastic RSI, highlighting a lack of clear direction. Traders should approach with caution and await clearer signals before taking significant positions.
$Mirror World has introduced the inaugural gaming rollup on the Solana blockchain.
Blockchain technology's sudden advancement has spurred numerous innovations, with Web3 experiencing notable growth in recent quarters. Solana's (#Sol ) value has surged by over 50.91% in the last month.
Solana (SOL) has experienced a significant uptick, reaching $197.10 at the time of this writing, marking a substantial price movement since the beginning of 2024. Over the past 24 hours, SOL's trading volume has increased by 32.83%, with its market capitalization rising by 5.93%.
According to CoinMarketCap, $SOL ranks as the 6th most traded cryptocurrency by volume and the 5th by market capitalization. The current #Solana price suggests a high likelihood of the token surpassing its 52-week high of $209.70.
According to certain archival sources, the Solana Blockchain hosts more than 350 projects, making it the second largest after Ethereum. Its popularity stems from its rapid transaction processing speed compared to other blockchains. #binance