3 SOL Charts Hinting At Major Solana Price Rally in November

Quick Summary:

During Tuesday’s Asian market session, the Solana price jumped 1.44% to trade at $168.6, while its market cap boosted to $79.04 Billion.

This growth was driven by a bullish convergence across three key SOL charts: price trends, on-chain data, and derivatives metrics.

This pattern consists of a middle ‘head’ dipping lower than the two ‘shoulders,’ signaling renewed demand pressure at the bottom support, with buyers gearing up for a significant reversal.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Solana (SOL) Solana Price Analysis Price Analysis

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 14:13:47 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 436 words

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Copyright Owner: © CoinGape

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