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Vladislav Hryniv
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đŸ”„ Can $SOL reignite ‘Solana Summer’ amid price stagnation? - AMBCrypto Analytics SOL’s price is currently hovering just above its 50-day moving average (MA50), suggesting a tentative hold in bullish territory but struggling to maintain upward momentum. The 200-day moving average (MA200) sits slightly above the current price, serving as a possible resistance zone that SOL needs to breach to stage a bullish takeover. The Relative Strength Index (RSI) near the midpoint (around 47) aligns with this consolidation. Solana must break past the $190 level to turn the current resistance into support and initiate a stronger rally. All in all, we see a market that is hesitantly bullish but not fully committed, likely due to SOL’s recent performance plateau. This could lead to continued consolidation until a new catalyst either confirms a bullish continuation or initiates a bearish reversal. {spot}(SOLUSDT)

đŸ”„ Can $SOL reignite ‘Solana Summer’ amid price stagnation? - AMBCrypto Analytics

SOL’s price is currently hovering just above its 50-day moving average (MA50), suggesting a tentative hold in bullish territory but struggling to maintain upward momentum.

The 200-day moving average (MA200) sits slightly above the current price, serving as a possible resistance zone that SOL needs to breach to stage a bullish takeover.

The Relative Strength Index (RSI) near the midpoint (around 47) aligns with this consolidation.


Solana must break past the $190 level to turn the current resistance into support and initiate a stronger rally.

All in all, we see a market that is hesitantly bullish but not fully committed, likely due to SOL’s recent performance plateau. This could lead to continued consolidation until a new catalyst either confirms a bullish continuation or initiates a bearish reversal.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisĂ©. Consultez les CG.
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