Will Solana Price Double As Dominance Soars to New ATH?

Quick Summary:

The increase coincided with its market dominance soaring to new all-time high, suggesting growing investor confidence, which could lead to increased demand for SOL, potentially driving the price higher.

Solana price soared to an intra-day high of $244.56 on November 18 before dropping to $230.98 on the same day.

Solana’s average directional index (ADX) just broke above a key resistance level (20), suggesting that the crypto asset’s volatility has risen to new levels.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis SOL Solana Price Solana Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 08:12:06 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23653021

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 13 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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: #59

Publisher Details

Frequently Asked Questions