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Solana price analysis Solana’s SOL tickers down $21 recovery hit a roadblock at the 20-day EMA ($21.77) on Aug. 29, indicating that the sentiment remains negative and traders are selling on rallies. SOL/USDT daily chart. Source: TradingView The bears will once again try to tug the price to $19.35. If this level cracks, the SOL/USDT pair could start a downward move to $18 and then to $16. The bulls are likely to have other plans. They will try to build upon the recovery by pushing the price above the overhead resistance at $22.30. If they can pull it off, the pair may rise to the 50-day SMA ($23.59). If the price turns down from this level, the pair may remain range-bound between the 50-day SMA and $19.35 for some time. #FDUSD #BinanceTournament #Worldcoin #pepe #Shibainu $BTC $ETH $BNB

Solana price analysis

Solana’s

SOL

tickers down

$21

recovery hit a roadblock at the 20-day EMA ($21.77) on Aug. 29, indicating that the sentiment remains negative and traders are selling on rallies.

SOL/USDT daily chart. Source: TradingView

The bears will once again try to tug the price to $19.35. If this level cracks, the SOL/USDT pair could start a downward move to $18 and then to $16.

The bulls are likely to have other plans. They will try to build upon the recovery by pushing the price above the overhead resistance at $22.30. If they can pull it off, the pair may rise to the 50-day SMA ($23.59). If the price turns down from this level, the pair may remain range-bound between the 50-day SMA and $19.35 for some time.

#FDUSD #BinanceTournament #Worldcoin #pepe #Shibainu $BTC $ETH $BNB

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