Solana Cryptocurrency (SOL) Analysis


Solana Cryptocurrency (SOL) is expected to reach a new record based on our expert indicators prediction unless passing the correction area.

We will always remember its highest historical price of $ 259.00 in September 2021 till it reached the low price of $ 8.00 in December 2022.

Solana Cryptocurrency (SOL) is trading at the moment in an uptrend direction at the area of $ 171.28

Solana Cryptocurrency (SOL) has been doing great performance last months by redoubling its price from the point of $ 20.928 in Oct 2023

Solana Cryptocurrency (SOL) is facing now a very critical point (at the area of $ 185.00) that we hope to break through with good trading volume to fly & hit the other point (at the area of $ 220.00)

Otherwise, as we know each uptrend is followed by a downtrend & vice versa.

We want to confirm a higher strong support area over $ 158.00 to prepare for another relevant price range.

 

For beginners, keep yourself on the right side until you trade with a clear uptrend direction matching the daily volume.

So let’s update the support & resistance areas that we will mention below & never hesitate to place a stop loss, as breaking these areas leads to other down areas

 

 

 

As Shown

The Chart Below

  

2b1754df85e0c67c6d9f71aa0fecd544659c666654c63c3301c17ae9b4ac3a8f.png

 

 

Support & Resistance:

Support: $ 158.00 (weak) - $ 126.50 - $ 112.50

Resistance: $ 188.80 - $ 210.50

 

 

Finally, remember to Trade wisely as we advise buyers & traders to follow the nearest support areas,  

 

Important:

The result depends on our Vision which could be right or wrong

 We analyze the past to predict the future.

 

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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