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The Solana price increased by 4 % over the past 24 hours for trading at 201.77 dollars from 09:12 pm EST on the trading volume, which decreased by 44 % to $ 2.7 billion.
The price of Solana can rise
the Soul price It was in a strong upward trend on the weekly timetable, as it recovered from its lowest levels in the market in 2022. Currently, the price of Solana 201.77 dollars, with a delayed increase of $ 295.83. The graph shows a unification period after a large gathering, which is what appears to be a continuation of a bullish continuation.
The main note is that Sol is trading over both simple moving averages for 50 days (SMA) ($ 172.95) and 200 week SMA ($ 90.42). This indicates the presence of a firm upward trend in the long term, as price corrections are constantly supporting these moving averages.
Meanwhile, the RSI indicator (RSI) is at 59.65, indicating the upscale momentum. Although it is not in the peak area (above 70), it is also not in the sale position. This indicates that there is still room for upward movement before reaching exhaustion.
Solana PRICE (TradingView) scheme analysis
Predicting Sol Price
Solana is currently in the upscale unification stage, the next step will depend on whether it can penetrate the main resistance levels. If the price of Solana exceeds 295 dollars – $ 300, this may lead to the movement of about $ 400 and beyond, after the bullish direction continues.
If you lose the price of Solana $ 172 – 175 dollars, it can follow a deeper correction of $ 150 or even $ 120 (previous support).
As Sol prices rise, investors buy a new currency from Solana Meme Coin Solana Solana Solaxy (Solx). According to 99bitcoins, a famous YouTube encryption channel with more than 724 thousand subscribers, Solaxy has the ability to rise 10x after its launch.
Solaxy Pressale heads $ 19 million
Solaxy raised more than $ 18.9 million, as she offered a great demand for investors on the innovative project.
SOLX is a solution Solana Layer 2 designed to enhance speed, expansion and efficiency within the Solana Environmental System. Solaxy addresses major problems such as network delay and failed transactions while taking advantage of the connected strengths of Solana.
The project also provides an improved user experience specifically designed for the increasing demands for the Blockchain industry with a focus on performance and customization.
In addition, Solaxy does the Solana body with Ethereum, which combines the best features of the two of the most prominent networks in the encryption space.
🚨 Sloalai now lives in the upcoming symbols! 🚨Solaxytoken It gives owners the opportunity to join the first Blockchain Solana Layer 2.
Solaxy is set to enhance Blockchain innovation by reducing congestion, reducing failed transactions, and improving the expansion of Sol. … pic.twitter.com/satnf6zfnf
– Best Wallet (Bestwallethq) December 17, 2024
By taking advantage of the liquidity and security of ETHEREUM, in addition to the speed of Solana and the expansion, Solaxy aims to create a strong environmental system designed to accommodate the growing demands of decentralized financing (Defi) and Meme societies.
Buyers from the Solx icon can also gain negatively on the platform, with a large annual return of 215 % currently displayed.
Investors interested in participating in the preliminary can visit the official Solaxy Solx Solx Solx website for $ 0.00163 each using BNB, ETH, USDT or banking card.
Buy before the price rise in less than two days to lock the best deal.
Buy Solx here.
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