Solana Sets Sights On $175 Resistance As Bullish Momentum Builds

Quick Summary:

The Implications Of SOL’s Bullish Breakout The current price action suggests that Solana is on the verge of igniting a bullish move above the trendline toward the $175 resistance mark.

Solana Eyes The $175 Mark On the 4-hour chart, after breaking above the bearish trendline, SOL has continued to maintain its bullish momentum, trading above the 100-day Simple Moving Average (SMA).

This formation of the composite trend oscillator suggests that SOL’s price may continue its current bullish move above the trendline toward the $175 resistance.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: United KingdomNorth KoreaNigerNigeria

Topics: SOLUSDT Solana Sol Simple Moving Average SOLUSD Composite Trend Oscillator SMA

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-20 @ 14:00:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 21694863

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions