Solana: Why THIS price level could be crucial for SOL’s upcoming rally

Quick Summary:

SOL had been under bearish pressure after failing to hold above the crucial $172 level.Can the buyers step in?

Nonetheless, the price reclaimed some crucial support levels and hovered above the 20, 50, and 200-day EMA at the time of writing.

After bouncing from the $142.15 support level on 6 August, SOL managed to clock in a 20% gain in just over three weeks.

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Article Details

Author / Journalist: Yash Majithia

Category: Crypto

Markets: United States

Topics: News 1 Trading View Ambcrypto Altcoin News Social Solana

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 08:00:41 (6 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 22276714

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 18 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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