Solana Surges As Momentum Resumes, Is $240 the Next Stop?

Quick Summary:

Related Reading: Solana Market Cap Surpasses $100 Billion, Setting Up SOL For Potential ATH Rally However, failure to break above the $240 resistance could cause a decline, with the price targeting the $209 level and other support ranges further down.

Related Reading: Solana Breaks Above Key Resistance – Top Analyst Sets $300 Target Additionally, the daily chart reveals that Solana is experiencing strong upside movement, reflected in the formation of bullish candlestick patterns.

As bullish momentum builds, this article delves into Solana’s recent price action to evaluate whether its current upward trajectory has the strength to drive it toward the $240 mark.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: United KingdomNigerNigeria

Topics: Solana Relative Strength Index SOLUSD Simple Moving Average RSI Sol SOLUSDT SMA Buliish Candlesticks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 21:00:46 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 76 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23593110

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Main Topics: Crypto

Official Website: newsbtc.com

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Coverage Areas: United Kingdom

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