BEAMSTART Logo

Why Solana could hit $185 before elections: Investor psychology at play

AMBCrypto LogoAMBCrypto10h ago

Why Solana could hit $185 before elections: Investor psychology at play - AMBCrypto

Quick Summary:

The market is showing a pre-election mood, suggesting investors are gearing up to capitalize on high returns from low-risk assets.

Currently trading at $176 and with a 22% increase in volume over the last 24 hours, it may indicate an overbought condition as the current price is nearing its two-week high, suggesting that a trend reversal could be on the horizon.

The past week has marked a crucial period for Solana [SOL], as it finally broke through the $160 resistance after multiple attempts, signaling an end to its two-month downtrend.

More Pictures

Why Solana could hit $185 before elections: Investor psychology at play - AMBCrypto (Picture 1)Why Solana could hit $185 before elections: Investor psychology at play - AMBCrypto (Picture 2)

or

Article Details

Author / Journalist: Ripley G

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 19:00:53 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23295638

View Article Analysis

About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 23 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

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Why Solana could hit $185 before elections: Investor psychology at play" has 542 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Why Solana could hit $185 before elections: Investor psychology at play" was covered 10 hours ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 23 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23295638
  • URL: https://beamstart.com/news/why-solana-could-hit-185-17301421546968

More News from AMBCrypto

Latest Jobs

More Crypto News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.