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Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets

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Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets - NewsBTC

Quick Summary:

While Solana showed strong momentum recently, the present market conditions have dampened optimism, leaving traders anxious for a clear signal that could reignite confidence.  As Solana continues to hover near this critical support level, the coming days will be pivotal in determining whether it can regain its bullish momentum or if further declines are on the horizon.

One notable analyst, Carl Runefelt, has shared a chart highlighting the risk of Solana losing its key support level, which could lead to further downside.

Solana Testing Crucial Demand Levels Solana is at a critical juncture, as its price action has shifted from bullish to bearish in just a few days.

More Pictures

Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets - NewsBTC (Picture 1)Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 15:30:48 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 522 words

Reading Time: 3 minutes read

Sentences: 68 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22883335

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://beamstart.com/news/solana-in-serious-danger-if-17280574411010

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