Link copied
Solana prepares for possible sizable move after defending $120 support
crypto :: 2024-09-21 :: source - cointelegraph
By Nancy Lubale ::
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.Crypto traders have zoomed in on the emergence of a strong support line on Solana’s price chart, leading some to believe it is the launch pad for a “sizable” upside move in the near future.
“Looks like $SOL held support at $120,” veteran trader Peter Brandt wrote in a Sept. 20 post. Brandt was referring to the Solana’s price action on the daily chart, showing SOL’s consolidation in a rectangle with lower limit of the rectangle at $120 acting as support since mid-April.
... Explore analyses on cointelegraph
This week top market trends.
-
Japanese Bonds Rise as 30-Year Auction Brings Some Relief
2025-06-05 :: treasuries & bonds :: bloomberg -
World shares push higher as US stocks inch toward their records
2025-06-04 :: stock :: apnews -
Dollar steady with focus on Middle East conflict, central bank meetings
2025-06-16 :: foreign exchange :: reuters -
Wall St Week Ahead,Retailers set to give tariff view as US stock market roars back
2025-05-18 :: stock :: reuters -
ECB should not 'overreact' if inflation edges below 2%, Vujcic says
2025-06-08 :: general :: reuters
