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Can Solana exceed $ 130 or an additional decrease?

  • Solana (Sol) is trading at $ 134.49, a decrease of 2.20 % in 24 hours.
  • The maximum market is 68.44 billion dollars, and the trading volume decreased by 55.18 % to $ 2.12 billion.

Solana (Sol) witnessed a sharp decrease after reaching $ 139.73. The distinctive symbol is currently trading at $ 134.49, a decrease of 2.20 % in the past 24 hours. The market ceiling is 68.44 billion dollars, which reflects the same percentage Decrease. The trading volume decreased significantly to $ 2.12 billion, which represents a 55.18 % decrease. The maximum market rate in Solana is 3.08 %.

Solana health is set to vote on a new dynamic enlarged model. The proposal aims to improve Staking bonuses while ensuring the stability of the network. Meanwhile, Solana continues to control the trading of decentralized exchange (DeX). The total Dex 105.86 billion dollars, indicating the ability to expand and low transaction costs.

Will Solana wear?

Solana faces immediate resistance at $ 140. If this level violates, the next goal is $ 150. However, if the price is It falls moreSupport is seen at $ 130. A collapse below this level can pay about $ 125.

RSI reaches 38.71, indicating weakness of the purchase. The average relative strength index is 43.36, indicating a declining direction. The flow of Chaikin (CMF) -0.09, indicates weak capital flows.

The moving average for 50 days is currently higher than the 14 -day moving average. This declining intersection indicates that the downward pressure may continue. If Sol fails to restore momentum, more declines can be expected.

Solana price procedures depend on whether it can carry higher support levels. In the event of increased purchase pressure, Sol can re -test the resistance at $ 140 and $ 150. However, the weak RSI and negative CMF indicate a limited force for immediate apostasy.

The next auditor’s vote may affect Staking rewards. In addition, the strong Solana presence in the DEFI space can support long -term growth.

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