Saros, residing in Solana, was impressive in the past month. The distinctive symbol price has been the highest new levels ever (ATHS) almost every day throughout March.
However, with momentum showing signs of slowdown, investors wonder whether this gathering is approaching its end.
Saros refrains from following Bitcoin
The relationship between Saros and Bitcoin (BTC) is currently negative, sitting at -0.43. This negative relationship worked for Saros, as she allowed Altcoin to perform well during Bitcoin’s struggles throughout March. While Bitcoin faced significant decreases, SAROS managed to largely gather due to this reverse relationship.
The dynamics of the transformation between Bitcoin and Saros will be a key to the future price movement of Altcoin. If Bitcoin regains its upward momentum, SAROS may have increased sale pressure. This is because the negative relationship that benefited from SAROS may be reflected, which affects Altcoin’s ability to maintain its upward path.
SAROS total total momentum explains that the investor’s interest is strong. Chaikin Money Flow (CMF) is steadily increasing during the past month, indicating fixed flows.
Recently, the saturation threshold of 0.7, a level that has historically led to price corrections. This indicates that although SAROS has made great gains, the market may be about to be a state of peak purchase. If the profits start, the price decline is very possible for altcoin.
SAROS price continues to rise
Saros has increased by amazing 1024 % since the beginning of March, as it was circulated at $ 0.153 from now. Throughout the month of March, Altcoin has formed a new ATHS almost daily, reflecting the morale of strong investors and demand.
The current ATH is $ 0.163, and the momentum may continue to pay the price up, and it may reach $ 0.200 if the upward trend remains intact. However, as the price continues to rise, the risk of profit increases.
If SAROS faces such a withdrawal, it may return to the support level of $ 0.100. If Altcoin loses this main support, the price may decrease to $ 0.055, which will nullify the upscale expectations. Investors should monitor these levels because they will help determine whether the current assembly is sustainable.
Disintegration
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