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Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint

NewsBTC LogoNewsBTC12h ago

Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint - NewsBTC

Quick Summary:

Related Reading: XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Trigger Buyers In the event of rejection at the 4-hour 200 EMA, Solana could dip to the $127 support level, where traders and investors will closely monitor for signs of strength or further downside risk.

If Solana manages to break above this level, it could signal a push to new highs and reignite bullish sentiment in the market.

Solana is testing a crucial level after weeks of volatile price action and market uncertainty.


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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: 2024-10-06 @ 07:00:11 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 528 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 22906059

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 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

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  • URL: https://beamstart.com/news/solana-sol-path-to-new-17281999669250

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