The Solana price decreased by 11 % a week as this ICo goes equivalent

The price of Solana decreased by more than 11 % during the past week after a secondary profit 24 hours to trade at $ 173.32, starting from 9:59 pm EST, where investors decide to limit their exposure to the two dresses.

This decrease in the Sol price in the past seven days is part of a long -term negative trend that has witnessed a decrease in encryption by more than 31 % during the past month.

The price of Solana is trying to break the resistance of $ 177.34

4 hours for Sol/USD (Source: Geckoterminal)

the Solana The price tries to overcome the resistance level at $ 177.34 after recovering from $ 162.31 in the last 48 hours, Geckoterminal data He appears. If Altcoin closes a 4 -hour candle over the $ 177.34 barrier during the next 12 hours, I may have the technical basis for its height to $ 199.89 in the short term.

On the other hand, rejection of the resistance of $ 177.34 can lead to a more landing scenario, where Teller Re -test the support of $ 161.48. The decline without this price point may lead to a decrease in the Solana price to the level of subsequent support at $ 143.94.

Warning technologies that Solana’s price may be rejected by resistance

Looking at technical indicators, there are warning signs that the price of Solana may struggle to overcome the resistance of $ 177.34. Both the different moving average rapprochement (MACD) and the RSI are on the graph for 4 hours that buyers come out of Sol’s request books with Altcoin approaching technical resistance.

RSI readings have risen on the graph for 4 hours of low sales lands in 16 to the mid -forties in the past 48 hours, indicating the growing buyer of Jupiter. The current RSI value of less than 50 indicates that sellers are still controlling the Solana price, while the RSI’s negative slope warns of the purchase strength in the last two hours.

Meanwhile, the MACD line has begun to collapse towards the MACD signal line over the past few hours as well. While the current alignment of both of these technical indicators can be considered a sign that Sol is in an upward direction, the narrow gap between them may be an early indication of the reflection of the next direction that prefers the bears.

While Solana tries to break the resistance, investors continue to flow to Sol Layer-2 Meme Coin Solaxy (Solx) To make gains. In a recent video of more than 725,000 subscribers, the famous 99bitcoins channel said on YouTube that Solx has the ability to rise 100x after its launch.

The first expansion solution is dedicated to the Solana ecosystem

Solaxy is the first slicing of the 2 layer that aims to improve the efficiency of the transaction within the Solana ecosystem. It cannot be more perfect, as the Solana network faces increased computation and high levels of congestion due to the noise around the SOL MEME coins.

As opportunistic developers continue to spread new symbols to try to benefit from the noise around Meme currencies, Solaxy Solana will help deal with the huge work burden.

He will do this by running the original Layer-2 series in parallel with Solana Mainnet, processing transactions from the Solana network, then offering groups of transactions to the 1 layer for final verification. It has already been proven that this approach to processing transactions is a successful way to help the network scale within the ethereum ecosystem.

As part of its mission to expand the Solana range, Solaxy will also block the famous network with Ethereum Blockchain. This connection will create a new infrastructure and agree to Web3, which can meet the increasing requirements of decentralized applications and meme currency developers in both ecosystems.

Investors rush to buy SOLX at pre -pre -priced prices

The continuous Solaxy Promises has gone equivalent, and has already raised more than $ 22.6 million. The potential factor that can be behind the purchasing frenzy at this early stage may be an attractive attractive initiative offered to ICO investors. Anyone who buys and risks SOLX symbols during the preliminary period will open APY by 179 %.

For high encryption bonuses, investors will first need to get some SOLX through a simple purchase tool on the project site. Selling currently for $ 0.001642, SOLX can either be bought either using Crypto or Bank Card. After getting some SOLX, investors then need to move to the stokeing page on the website and lock their distinctive symbols.

Buy SOLX here before pre -pre -pre -price rises in 41 hours to lock the best deal.

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