3 min readSOLANA (SOL/USD):
Solana has been an intriguing Altcoin to watch in recent weeks, but the lack of volatility makes it difficult to predict its next price move. Like many other Altcoin’s, its price is either consolidating around support or facing resistance. As shown below, Solana remains within its current range, trading slightly above $147.00.
Taking a closer look at the technicals, we can observe that the price action has recently moved into this internal ascending trend line, where it found some support, briefly rejected it, and then traded slightly higher. The RSI is relatively flat, hovering around the 50% level, with no significant signs indicating that the market is either overbought or oversold at the moment.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
