- Solana hovers around the level of $ 144.
- Sol’s daily trading volume increased by more than 13 %.
The brief withdrawal of Crypto Market Cap has paid to reach $ 2.95 trillion. With the value of the fear and greed index in about 49 years, the market morale is under the neutral area. The main assets fluctuate between losses and gains, while Solana (SOL) has a loss of more than 0.65 %.
In the early hours, Solana was trading at an altitude of $ 147.68 with short upward pressure. Ultimately, the bears began negatively, as it reached a daily level of $ 142.90. At the time of writing this report, Solana Trading Within a scope of $ 144.54, with the maximum market reaching $ 74.9 billion.
It is worth noting that the daily trading volume of Sol increased by more than 13.66 %, with a mussel of $ 1.81 billion. Moreover, the market has witnessed a value of $ 9.23 million in this period, according to Coinglass Data.
During the past seven days, Solana faced a 5.22 % loss. The minimum level of the week was found in about 141 dollars. The brief ups of the upscale up sent the price to the highest weekly level in the range of $ 153.
Can Solana turn into upward momentum?
Sol price scheme in a declining style, with red candle lighting. Assuming that the price of the original was unable to rise above $ 146, strong bears can wake up and excite them to decline to 139.66. The additional downside may call the cross of death.
In the upward trend, with the opposite of the original ups, the price may move towards a scale of $ 149.84. If a golden cross is formed, Solana can lead the price to $ 156, which begins in a budget direction for more gains.
The Sol MacD line and the signal line are settled under the zero line, which implicitly means strong declining momentum, with the possibility of a fixed dirt direction. Moreover, the CMF value of the original, which is placed in -0.23, indicates that the money flows from the original. If it continues, it may confirm the low price and size.
RSI from 42.32 indicates that the origin is neutral to a little bit province In the market. Moreover, the BBP value in -1.43 indicates that the bears are dominant in the market. Beyond that scratch, the stronger the dirt momentum.
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