Solana price analysis
The bulls have pushed Solana
SOL
tickers down
$169
above the downtrend line of the descending triangle pattern, indicating solid demand at higher levels.
SOL/USDT daily chart. Source: TradingView
The 20-day SMA ($145) has started to turn up, and the RSI is in the positive territory, indicating that the bulls have the edge. A break and close above the downtrend line will invalidate the bearish setup. The SOL/USDT pair could climb to $180 and eventually to the stiff overhead resistance of $210.
This optimistic view will be negated in the near term if the price turns down and plunges below the moving averages. The pair could then spend some more time inside the triangle.
#ETH_ETF_Approval_23July #BinanceHODLerBANANA #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike $BTC $ETH $BNB
The bulls have pushed Solana
SOL
tickers down
$169
above the downtrend line of the descending triangle pattern, indicating solid demand at higher levels.
SOL/USDT daily chart. Source: TradingView
The 20-day SMA ($145) has started to turn up, and the RSI is in the positive territory, indicating that the bulls have the edge. A break and close above the downtrend line will invalidate the bearish setup. The SOL/USDT pair could climb to $180 and eventually to the stiff overhead resistance of $210.
This optimistic view will be negated in the near term if the price turns down and plunges below the moving averages. The pair could then spend some more time inside the triangle.
#ETH_ETF_Approval_23July #BinanceHODLerBANANA #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike $BTC $ETH $BNB
Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
SOL
215,2
-2.63%
Ответов: 0