Bought at 132.9807 on Sept 29. Reasons for purchase: Solana has turned into one of the most attractive alternatives to ETH for dApps registered a 23% growth during the month of September, even as ETH lost 23% of its value during the period. On the 4-hour chart of SOL/USDT, all moving averages along with leading technical indicators MACD and momentum suggested a strong bullish bias. Solana’s price overcame the pivot point and targeted $154.05 for the upcoming resistance point.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.