- Solana reversed from resistance zone
- Likely to fall to support level 130.00
Solana cryptocurrency pair recently reversed down from the resistance zone between the resistance level 145.25 (former strong support from October and November) and the upper daily Bollinger Band.
This resistance zone was strengthened by the 50% Fibonacci correction of the downward impulse from November.
Solana cryptocurrency can be expected to fall to the next support level 130.00 (which has been steadily reversing the price from June).
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
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.