Affected by the market, SOL faces a similar situation to BTC and ETH. In terms of details, the price of SOL struggled to catch up with other crypto assets before, but the pullback in the last week was equally large. You know, Solana is always full of surprises. Regardless, SOL's bullish power, which is between ETH and BTC, is generally positive.
Conclusion:Mostly fluctuation. Considering the location of the bulls' confirmation points on the upside, we think SOL could fluctuate in a narrow range this week, with resistance at 112 and support at 99. Whether the price will break above this range or break down will have an impact on the subsequent judgment of a larger level.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Conclusion:Mostly fluctuation. Considering the location of the bulls' confirmation points on the upside, we think SOL could fluctuate in a narrow range this week, with resistance at 112 and support at 99. Whether the price will break above this range or break down will have an impact on the subsequent judgment of a larger level.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.