đ SOL Technical Analysis (Current)
Trend: Bullish momentum is improving. High possibility that SOL in the next 24â48 hours can cross 90+. Price along with 24h trading volume has increased to about ~$4B, which supports buyer interest. ďż˝
CoinMarketCap +1
Momentum: Short-term momentum is positive, but according to some analysts, the market is still giving mixed signals. ďż˝
The Cryptonomist
Resistance Zones:
$78â80 (first major resistance)
If a strong breakout comes above this, then a move to $85â90 may be possible.
Support Zones:
$72â73 first support
$68â70 strong support area
Indicators
â Volume: Increasing (bullish sign)
â MACD: Support for a bullish crossover is coming through.
â ď¸ RSI: Itâs in a neutral-to-bullish zone; there is no overbought confirmation yet. ďż˝
The Cryptonomist +1
My View
If Bitcoin stays stable above $110k+ (or your current breakout level) and BTC Dominance starts to come below 55%, then SOL can show a strong rally along with other altcoins.
$SOL
#crypto #bitcoin #Ethereum #BinanceSquareFamily
#Investing
Trend: Bullish momentum is improving. High possibility that SOL in the next 24â48 hours can cross 90+. Price along with 24h trading volume has increased to about ~$4B, which supports buyer interest. ďż˝
CoinMarketCap +1
Momentum: Short-term momentum is positive, but according to some analysts, the market is still giving mixed signals. ďż˝
The Cryptonomist
Resistance Zones:
$78â80 (first major resistance)
If a strong breakout comes above this, then a move to $85â90 may be possible.
Support Zones:
$72â73 first support
$68â70 strong support area
Indicators
â Volume: Increasing (bullish sign)
â MACD: Support for a bullish crossover is coming through.
â ď¸ RSI: Itâs in a neutral-to-bullish zone; there is no overbought confirmation yet. ďż˝
The Cryptonomist +1
My View
If Bitcoin stays stable above $110k+ (or your current breakout level) and BTC Dominance starts to come below 55%, then SOL can show a strong rally along with other altcoins.
$SOL
#crypto #bitcoin #Ethereum #BinanceSquareFamily
#Investing