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Solana price analysis: SOL/USD expected to spike to $185 before midnight

Solana price analysis: SOL/USD expected to spike to $185 before midnight


Cryptopolitan
2021-09-12 07:59:24

TL; DR Breakdown  In the early hours of trading, Solana exhibited a bearish bias.Most part of the cryptocurrency heat map is green, implying that customers exceed sellers. SOL/USD is trading within a broad range of $172 – $180.  Solana price analysis: General price analysis  In the early hours of trading, Solana exhibited a bearish bias. The sellers seem to have outnumbered the buyers, causing SOL/USD price to set a downward trend to the intraday lows of $172.6. The bulls had created robust support at the intraday lows to support a bullish momentum that the buyers were intending. The upward momentum set the price to surge while forming several bullish patterns like head and shoulder trends. SOL/USD is trading positively on today’s Solana price analysis. This follows after the coin established strong support at the intraday lowest, providing buoyancy to the rise. During yesterday’s session, SOL/USD underwent a bullish trend and then corrected to $172.6 support. We anticipate that SOL/USD will lose ground during the day and record some losses on the 24-hour chart in the coming days. Most part of the cryptocurrency heat map is green, implying that customers exceed sellers. As a result, there is a surge in most cryptocurrencies. Source: Coin360 The most significant digital asset is bullish, although it has seen a minor percentage increase from yesterday’s price. One Bitcoin (BTC) is currently valued at $45...


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