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🚀 $STRK : Potential 20X Opportunity? 🚀 $STRK has been in a downtrend for several days, losing a significant portion of its value 📉 But now, it's showing signs of a possible reversal! Here are my targets if we see a strong rally: 🎯 Targets: 1️⃣ $2.7 2️⃣ $4.9 3️⃣ $6.1 4️⃣ $7.7 💥 Bull Target: $12 If $STRK hits the bull target, that’s an over 20X rally! Can we reach it? 👀 Stay tuned for updates and watch this space for potential gains! 🔥 #STRK #CryptoTargets #Rally {future}(STRKUSDT) 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informedbefore jumping in! 🚀💸
🚀 $STRK : Potential 20X Opportunity? 🚀

$STRK has been in a downtrend for several days, losing a significant portion of its value 📉

But now, it's showing signs of a possible reversal!
Here are my targets if we see a strong rally:

🎯 Targets:
1️⃣ $2.7
2️⃣ $4.9
3️⃣ $6.1
4️⃣ $7.7
💥 Bull Target: $12

If $STRK hits the bull target, that’s an over 20X rally! Can we reach it? 👀

Stay tuned for updates and watch this space for potential gains! 🔥
#STRK #CryptoTargets #Rally
🚨🚨
👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informedbefore jumping in! 🚀💸
Trisha Saha:
🥰🥰🥰
Why Floki Price Might Rally at Least 200% in The Next Few Days?After a four-month low, the FLOKI price rally might be next in the crypto market, as the symmetric triangle pattern indicates a 200% surge. Why Could FLOKI Price Rally $200% Next? Floki Inu’s price is slowly building a pace to follow the bulls, as it has surged almost 5% over the week. This week, it plunged to a two-month low, but a crypto analyst has indicated the possibility of witnessing a 200% breakout for this token. As per him, the ongoing consolidation phase will end with a breakout as it is getting ready for another Bullish wave, which is consolidating between the Tight Bullish Pennant Range. More importantly, the trend is quite strong for this breakout, which could result in a 200% bullish wave in the next few days. Meanwhile, the other dog-themed meme coins are already taking the lead, the next few days could push FLOKI in the race as well. “$Floki #Floki Seems Like Ready For Another Bullish Wave Consolidating Within Tight Bullish Pennant Range & Trend Is Strong Probability Is Higher For Upside Breakout After Successful Breakout Expecting 200% Bullish Wave In Coming Days” World Of Charts (@WorldOfCharts1) November 6, 2024 Floki has been following a consolidation for weeks and has drifted 59% away from the ATH of $0.0003462 set just five months ago. During this period, the price indicated the formation of multiple symmetric triangles (pennants), which are the signs of the Tight Bullish Pennant range, which covers the same small symmetrical triangle pattern right after big upward movement. More importantly, once the pattern finishes, it ends with another bullish rally. Source: Coinmarketcap This month-long consolidation took place with the users shifting interest from this token to new and trending meme coins. At the same time, the trading volume for this token decreased, which is also common during the pennant formations. Interestingly, it often leads to a breakout if it goes past the pennant, and the same is the situation right now, where a breakout might happen with the FLOKI price breaking above it. Technical Indicators Favor the Bullish Outlook After analyzing the 24-hour chart, it is clear that the token is in a buying zone where the investors are actively trading the token. The 24-hour training volume also signifies the same, as the total value is up to $229.44M, which is better than average. Additionally, many technical factors like RSI, Moving averages, and MACD favor the analyst’s bullish outlook. The relative strength index is at 52.2, which is a sign of building strength without pushing the token to overbuying. The same is true with the major moving average and MACD, as they are also in the buying zone, hinting at the possibility of crossover. Overall, these technical indicators present buyer dominance. This combined with a symmetrical triangle pattern, implies the possibility of a strong uptrend and FLOKI price rally. Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Most of the information source and online media news. #FOLKI #folki/usdt #Rally #NovemberMarketAnalysis #MarketAnalysis

Why Floki Price Might Rally at Least 200% in The Next Few Days?

After a four-month low, the FLOKI price rally might be next in the crypto market, as the symmetric triangle pattern indicates a 200% surge.
Why Could FLOKI Price Rally $200% Next?
Floki Inu’s price is slowly building a pace to follow the bulls, as it has surged almost 5% over the week. This week, it plunged to a two-month low, but a crypto analyst has indicated the possibility of witnessing a 200% breakout for this token. As per him, the ongoing consolidation phase will end with a breakout as it is getting ready for another Bullish wave, which is consolidating between the Tight Bullish Pennant Range. More importantly, the trend is quite strong for this breakout, which could result in a 200% bullish wave in the next few days. Meanwhile, the other dog-themed meme coins are already taking the lead, the next few days could push FLOKI in the race as well.

“$Floki #Floki Seems Like Ready For Another Bullish Wave Consolidating Within Tight Bullish Pennant Range & Trend Is Strong Probability Is Higher For Upside Breakout After Successful Breakout Expecting 200% Bullish Wave In Coming Days”
World Of Charts (@WorldOfCharts1) November 6, 2024
Floki has been following a consolidation for weeks and has drifted 59% away from the ATH of $0.0003462 set just five months ago. During this period, the price indicated the formation of multiple symmetric triangles (pennants), which are the signs of the Tight Bullish Pennant range, which covers the same small symmetrical triangle pattern right after big upward movement. More importantly, once the pattern finishes, it ends with another bullish rally.
Source: Coinmarketcap
This month-long consolidation took place with the users shifting interest from this token to new and trending meme coins. At the same time, the trading volume for this token decreased, which is also common during the pennant formations. Interestingly, it often leads to a breakout if it goes past the pennant, and the same is the situation right now, where a breakout might happen with the FLOKI price breaking above it.

Technical Indicators Favor the Bullish Outlook
After analyzing the 24-hour chart, it is clear that the token is in a buying zone where the investors are actively trading the token. The 24-hour training volume also signifies the same, as the total value is up to $229.44M, which is better than average. Additionally, many technical factors like RSI, Moving averages, and MACD favor the analyst’s bullish outlook.
The relative strength index is at 52.2, which is a sign of building strength without pushing the token to overbuying. The same is true with the major moving average and MACD, as they are also in the buying zone, hinting at the possibility of crossover.
Overall, these technical indicators present buyer dominance. This combined with a symmetrical triangle pattern, implies the possibility of a strong uptrend and FLOKI price rally.

Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Most of the information source and online media news.
#FOLKI #folki/usdt #Rally #NovemberMarketAnalysis #MarketAnalysis
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Check out this chart! 📈 It shows the Bitcoin price and its recent halvings. Right now, it looks like Bitcoin is on the verge of breaking out of the formed parabola! 🚀 Comparing this to previous halvings, it's clear we could be on the brink of a massive breakout. And if Bitcoin shoots up that strongly, just imagine how extreme the other coins will go up! 🌟 Now's the time to seize the opportunity and invest more in Floki. Floki still has tremendous potential! 💰 #Bitcoin #altcoins #Floki #Rally $BTC $FLOKI
Check out this chart! 📈 It shows the Bitcoin price and its recent halvings. Right now, it looks like Bitcoin is on the verge of breaking out of the formed parabola! 🚀 Comparing this to previous halvings, it's clear we could be on the brink of a massive breakout. And if Bitcoin shoots up that strongly, just imagine how extreme the other coins will go up! 🌟 Now's the time to seize the opportunity and invest more in Floki. Floki still has tremendous potential! 💰

#Bitcoin #altcoins #Floki #Rally $BTC $FLOKI
🔥Shiba Inu Community Lead Hints At Shiba Inu’s Plans For 2024🎉 🚀Similar to many other crypto projects, Shib Inu’s development team has hinted at some major development coming to the protocol in this new year. The SHIB Discord Admin known to the community as DaVinci shared this exciting news on the “Shibarium Tech” Telegram Channel. He opened his statement by singing the praises of SHIB community members. 🐳DaVinci acknowledged their resilience while describing members of the SHIBArmy as the real MVPs. The Shiba Inu ecosystem has been through tough times but the community continues to stick together, per DaVinci’s statement. Furthermore, he emphasized that the support from the community has been the backbone of Shibarium’s journey. 🥵SHIB Development Team Gets Prepared For 2024 🫣He delved into the protocol’s plan for this year, citing that 2024 is coming with a “buzz in the air.” Consequently, the SHIB development team is putting effort into rolling out “serious developments, game-changing stuff. The Shibarium Team’s got your back, and we’re gearing up for a wild ride together.” ✈️He went on to state that 2024 will be another year for Shiba Inu to push the boundaries and make memories. As such, the SHIB Discord Admin urged the SHIBArmy to help make the new year unforgettable; “let’s make it epic!” 💪Shiba Inu Burn Rate Sees Outstanding Jump 🤫According to a well-wishes greetings sent by Shibburn crypto wallet tracker to Shiba Inu community members, a total of 76,403,022,296 SHIB meme coins were transferred to unspendable blockchain addresses all through 2023. In terms of the burn progress, Shiba Inu burn rate has seen an outstanding jump of up to 2,552.66% within the last 24 hours. This means that up to 129,716,497 Shiba Inu tokens have been destroyed in “inferno wallets.” They were basically burned In transactions that carried 50,422,597, 66,339,884 and 3,507,765 SHIB. Disclaimer:This article just for education not financial advise #SHIB💥 #Rally #Anilsingta #Shibainu
🔥Shiba Inu Community Lead Hints At Shiba Inu’s Plans For 2024🎉

🚀Similar to many other crypto projects, Shib Inu’s development team has hinted at some major development coming to the protocol in this new year. The SHIB Discord Admin known to the community as DaVinci shared this exciting news on the “Shibarium Tech” Telegram Channel. He opened his statement by singing the praises of SHIB community members.
🐳DaVinci acknowledged their resilience while describing members of the SHIBArmy as the real MVPs. The Shiba Inu ecosystem has been through tough times but the community continues to stick together, per DaVinci’s statement. Furthermore, he emphasized that the support from the community has been the backbone of Shibarium’s journey.

🥵SHIB Development Team Gets Prepared For 2024

🫣He delved into the protocol’s plan for this year, citing that 2024 is coming with a “buzz in the air.” Consequently, the SHIB development team is putting effort into rolling out “serious developments, game-changing stuff. The Shibarium Team’s got your back, and we’re gearing up for a wild ride together.”

✈️He went on to state that 2024 will be another year for Shiba Inu to push the boundaries and make memories. As such, the SHIB Discord Admin urged the SHIBArmy to help make the new year unforgettable; “let’s make it epic!”

💪Shiba Inu Burn Rate Sees Outstanding Jump

🤫According to a well-wishes greetings sent by Shibburn crypto wallet tracker to Shiba Inu community members, a total of 76,403,022,296 SHIB meme coins were transferred to unspendable blockchain addresses all through 2023. In terms of the burn progress, Shiba Inu burn rate has seen an outstanding jump of up to 2,552.66% within the last 24 hours.
This means that up to 129,716,497 Shiba Inu tokens have been destroyed in “inferno wallets.” They were basically burned In transactions that carried 50,422,597, 66,339,884 and 3,507,765 SHIB.

Disclaimer:This article just for education not financial advise
#SHIB💥 #Rally #Anilsingta #Shibainu
🚀🚀🚀 Here's When Solana ($SOL ) Might #Rally , Ethereum ($ETH ) Surges Again, Cardano ($ADA ) Volume Heralds New Heights Solana (SOL ) has emerged as a strong competitor to Ethereum, particularly in terms of transaction fees. SOL's price chart shows a bullish trend, with higher lows and higher highs, supported by moving averages. Key resistance is at $135, with support at $115 and $104. Recent upward movements have seen significant volume, suggesting active market participation and potential for a rally. #Ethereum (ETH) remains strong, breaking through the $3,500 resistance level with a steady uptrend and bullish moving averages. $3,500 now acts as crucial support, backed by substantial buying pressure. Ethereum continues to be a cornerstone of the market with renewed investor interest. #cardano (ADA) shows signs of upward momentum with rising trading volumes despite recent oversold indications. ADA broke past resistance at $0.65, indicating momentum for further upward movement. Immediate resistance lies at $0.77, with potential for further gains towards $0.80 and beyond, solidifying its bullish stance. Source - u.today #CryptoNews🔒📰🚫 #BinanceSquareTalks
🚀🚀🚀 Here's When Solana ($SOL ) Might #Rally , Ethereum ($ETH ) Surges Again, Cardano ($ADA ) Volume Heralds New Heights

Solana (SOL ) has emerged as a strong competitor to Ethereum, particularly in terms of transaction fees. SOL's price chart shows a bullish trend, with higher lows and higher highs, supported by moving averages. Key resistance is at $135, with support at $115 and $104. Recent upward movements have seen significant volume, suggesting active market participation and potential for a rally.

#Ethereum (ETH) remains strong, breaking through the $3,500 resistance level with a steady uptrend and bullish moving averages. $3,500 now acts as crucial support, backed by substantial buying pressure. Ethereum continues to be a cornerstone of the market with renewed investor interest.

#cardano (ADA) shows signs of upward momentum with rising trading volumes despite recent oversold indications. ADA broke past resistance at $0.65, indicating momentum for further upward movement. Immediate resistance lies at $0.77, with potential for further gains towards $0.80 and beyond, solidifying its bullish stance.

Source - u.today

#CryptoNews🔒📰🚫 #BinanceSquareTalks
Can Bitcoin Overcome Past Trends? Examining The Pre-Halving #Rally And Resistance Levels Bitcoin (BTC) is experiencing a fresh #bullish uptrend, nearing its 25-month peak of $49,000 at $47,900, with a notable 6% increase in the past 24 hours and 11% over the week, sparking optimism among investors. Analyst Rekt Capital points out historical trends, including the "Pre-Halving Rally" phase and challenges breaking past resistance levels, such as $47,000 and $46,000. Rekt Capital suggests a potential trajectory: limited upside by February's end, establishing a higher price range in March, and a pre-halving pullback. This pattern aligns with historical precedents observed in previous years. Additionally, crypto analyst Ali Martinez highlights the Super Trend indicator's recent buy signal on the $BTC monthly chart, renowned for predicting bullish trends. All four previous buy signals led to substantial gains. However, Martinez cautions about potential liquidity hunting, which could drive prices down to $45,810, triggering significant liquidations totaling $54.73 million. Liquidity hunters exploit price movements to trigger forced liquidations among overleveraged traders, potentially amplifying downward price movements. Source - newsbtc.com #CryptoNews #BinanceSquareBTC #cryptocurrency
Can Bitcoin Overcome Past Trends? Examining The Pre-Halving #Rally And Resistance Levels

Bitcoin (BTC) is experiencing a fresh #bullish uptrend, nearing its 25-month peak of $49,000 at $47,900, with a notable 6% increase in the past 24 hours and 11% over the week, sparking optimism among investors.

Analyst Rekt Capital points out historical trends, including the "Pre-Halving Rally" phase and challenges breaking past resistance levels, such as $47,000 and $46,000.

Rekt Capital suggests a potential trajectory: limited upside by February's end, establishing a higher price range in March, and a pre-halving pullback. This pattern aligns with historical precedents observed in previous years.

Additionally, crypto analyst Ali Martinez highlights the Super Trend indicator's recent buy signal on the $BTC monthly chart, renowned for predicting bullish trends. All four previous buy signals led to substantial gains.

However, Martinez cautions about potential liquidity hunting, which could drive prices down to $45,810, triggering significant liquidations totaling $54.73 million. Liquidity hunters exploit price movements to trigger forced liquidations among overleveraged traders, potentially amplifying downward price movements.

Source - newsbtc.com

#CryptoNews #BinanceSquareBTC #cryptocurrency
Gensler Devil (GENDEV) Will Rally 8,000% After Solana Launch, Looks to Challenge Shiba Inu and Dogecoin Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. Early investors in SHIB and DOGE made astronomical returns, and Gensler Devil presents a similar opportunity. Gensler Devil has a market cap below $14,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours. The exciting memecoin is poised to rally 5,300% in the coming two days, and Gensler Devil could potentially reach a multi-million dollar market cap within a few weeks. #altcoins #ETHETFS #Rally
Gensler Devil (GENDEV) Will Rally 8,000% After Solana Launch, Looks to Challenge Shiba Inu and Dogecoin
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

Early investors in SHIB and DOGE made astronomical returns, and Gensler Devil presents a similar opportunity.

Gensler Devil has a market cap below $14,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.

The exciting memecoin is poised to rally 5,300% in the coming two days, and Gensler Devil could potentially reach a multi-million dollar market cap within a few weeks.
#altcoins #ETHETFS #Rally
As i Was #Analysed .... #BTC showing bullishness after Successful closing above in Daily-weekly-Monthly term. We can expect More jump from #BTC to $41K - $43K - $47K in Coming Weeks. #Alts ( with Real use Case ) Will Surely Follow Up Trend📈📈 Hold Your Bags / Rebuy if in Loss. #Rally is coming…. Good Luck Everybody 👍🏼🤝❤️🔥
As i Was #Analysed ....

#BTC showing bullishness after Successful closing above in Daily-weekly-Monthly term.

We can expect More jump from #BTC to $41K - $43K - $47K in Coming Weeks.

#Alts ( with Real use Case ) Will Surely Follow Up Trend📈📈

Hold Your Bags / Rebuy if in Loss.

#Rally is coming….

Good Luck Everybody 👍🏼🤝❤️🔥
Dogecoin's Potential for a 4,000% Rally: Is History Repeating Itself? Dogecoin, the popular meme-based cryptocurrency, is generating excitement among traders as it appears to be setting the stage for a significant price surge. Technical analysis suggests that Dogecoin, having formed a second low, could be poised for a remarkable rally, potentially reaching new all-time highs above $4. #Dogecoin #Cryptocurrency #Rally #doge⚡ $DOGE
Dogecoin's Potential for a 4,000% Rally: Is History Repeating Itself?

Dogecoin, the popular meme-based cryptocurrency, is generating excitement among traders as it appears to be setting the stage for a significant price surge. Technical analysis suggests that Dogecoin, having formed a second low, could be poised for a remarkable rally, potentially reaching new all-time highs above $4.

#Dogecoin #Cryptocurrency #Rally #doge⚡ $DOGE
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🥳Shiba Inu’s Token Supply Decline: A Positive Sign❤️‍🩹 💪Will Shiba Inu Gain Value Against the Dollar Analysis of Exchange Supply Trends 🌱According to Santiment’s data, Shiba Inu’s supply on exchanges, as a percentage of the total supply, dropped to 7.38% as of January 9. Six months ago, the equivalent figure was at 8.60%. This number signifies a notable decrease. The reduction in exchange reserves could play a significant role in Shiba Inu’s potential price recovery, as it implies a decrease in selling pressure on the cryptocurrency. 🎉With fewer SHIB tokens available on exchanges, increased demand could make the possibility of a price recovery for the meme coin more pronounced. Increase in Trading Volume: A Positive Indicator ❤️Another encouraging on-chain metric for SHIB is the increase in trading volume. On Monday, the trading volume for SHIB reached its highest level in the last three weeks, totaling 12.1 trillion tokens. Rising trading volume is often associated with increased activity among market participants and growing demand for the cryptocurrency 🔥Currently, Shiba Inu’s price is positioned above its 200-day Exponential Moving Average (EMA) at $0.00000890. Resistance levels for SHIB’s price trajectory include the 10-day EMA at $0.00000975 and the 50-day EMA at $0.00000967. The first significant target for SHIB represents a potential 12.8% increase from the current price, corresponding to $0.00001048. 🥰Optimism Surrounding Shiba Inu’s The decrease in Shiba Inu’s supply on exchanges, combined with an increase in trading volume, paints an optimistic picture for the meme coin’s potential recovery. 🔜Reduced selling pressure on exchanges and key price levels to watch indicate a favorable environment for SHIB enthusiasts. As market dynamics continue to evolve, monitoring these trends becomes increasingly important for making informed decisions in the ever-changing crypto landscape. FOLLOW FOR MORE ARTICLES Disclaimer:This article just for education not financial advise! #SHIB #Rally #Shiba #Memecoin
🥳Shiba Inu’s Token Supply Decline: A Positive Sign❤️‍🩹

💪Will Shiba Inu Gain Value Against the Dollar Analysis of Exchange Supply Trends

🌱According to Santiment’s data, Shiba Inu’s supply on exchanges, as a percentage of the total supply, dropped to 7.38% as of January 9. Six months ago, the equivalent figure was at 8.60%. This number signifies a notable decrease. The reduction in exchange reserves could play a significant role in Shiba Inu’s potential price recovery, as it implies a decrease in selling pressure on the cryptocurrency.

🎉With fewer SHIB tokens available on exchanges, increased demand could make the possibility of a price recovery for the meme coin more pronounced.
Increase in Trading Volume: A Positive Indicator
❤️Another encouraging on-chain metric for SHIB is the increase in trading volume. On Monday, the trading volume for SHIB reached its highest level in the last three weeks, totaling 12.1 trillion tokens. Rising trading volume is often associated with increased activity among market participants and growing demand for the cryptocurrency

🔥Currently, Shiba Inu’s price is positioned above its 200-day Exponential Moving Average (EMA) at $0.00000890. Resistance levels for SHIB’s price trajectory include the 10-day EMA at $0.00000975 and the 50-day EMA at $0.00000967. The first significant target for SHIB represents a potential 12.8% increase from the current price, corresponding to $0.00001048.

🥰Optimism Surrounding Shiba Inu’s
The decrease in Shiba Inu’s supply on exchanges, combined with an increase in trading volume, paints an optimistic picture for the meme coin’s potential recovery.

🔜Reduced selling pressure on exchanges and key price levels to watch indicate a favorable environment for SHIB enthusiasts. As market dynamics continue to evolve, monitoring these trends becomes increasingly important for making informed decisions in the ever-changing crypto landscape.

FOLLOW FOR MORE ARTICLES
Disclaimer:This article just for education not financial advise!
#SHIB #Rally #Shiba #Memecoin
🚨 Breaking News! 🚨 Former US President Donald Trump attacked at political rally! 🇺🇸🚨 Shocking incident sparks immediate security concerns and a swift investigation. Trump's condition remains unclear. 🤕 Stay tuned for updates as this story continues to unfold! Feel Free to Reach out us 👉TG@ItxAP117 For signals📶🚦 #Trump #Rally #Attack #BreakingNews #apCryptoCalls $BTC
🚨 Breaking News! 🚨

Former US President Donald Trump attacked at political rally!
🇺🇸🚨 Shocking incident sparks immediate security concerns and a swift investigation. Trump's condition remains unclear.
🤕 Stay tuned for updates as this story continues to unfold!

Feel Free to Reach out us 👉TG@ItxAP117
For signals📶🚦
#Trump #Rally #Attack #BreakingNews #apCryptoCalls
$BTC
🚀🚀🚀 #Solana⁩ ($SOL ) Eyes a Strong Comeback: Will the #Rally Ignite a Surge? Solana (SOL) found support around $160 and is gradually climbing higher, potentially gaining bullish momentum upon surpassing the $172 resistance zone. After correcting lower, SOL tested the $160 support against the US Dollar and is now trading above $165 and the 100-hourly simple moving average. A bullish trend line breakout occurred near $164, indicating positive momentum. The immediate hurdle lies near $170, followed by significant resistance around $171. A successful breach above $172 could pave the way for further upside movement. The next major resistance is anticipated near $176, potentially leading to a push towards $180. On the downside, if SOL struggles to rally above $172, it might face downward pressure. Initial support lies at $167, followed by $165 and $160. A close below $160 could trigger a decline towards $150. Technical indicators show the hourly MACD losing pace in the bullish zone, while the hourly RSI is below the 50 level. - Key Support Levels: $165, $160 - Key Resistance Levels: $170, $172, $180 Source - newsbtc.com #CryptoTrends2024 #cryptocurrency #BinanceSquareTalks
🚀🚀🚀 #Solana⁩ ($SOL ) Eyes a Strong Comeback: Will the #Rally Ignite a Surge?

Solana (SOL) found support around $160 and is gradually climbing higher, potentially gaining bullish momentum upon surpassing the $172 resistance zone.

After correcting lower, SOL tested the $160 support against the US Dollar and is now trading above $165 and the 100-hourly simple moving average. A bullish trend line breakout occurred near $164, indicating positive momentum.

The immediate hurdle lies near $170, followed by significant resistance around $171. A successful breach above $172 could pave the way for further upside movement. The next major resistance is anticipated near $176, potentially leading to a push towards $180.

On the downside, if SOL struggles to rally above $172, it might face downward pressure. Initial support lies at $167, followed by $165 and $160. A close below $160 could trigger a decline towards $150.

Technical indicators show the hourly MACD losing pace in the bullish zone, while the hourly RSI is below the 50 level.

- Key Support Levels: $165, $160

- Key Resistance Levels: $170, $172, $180

Source - newsbtc.com

#CryptoTrends2024 #cryptocurrency #BinanceSquareTalks
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