Home Stocks Solana Smashes $90 Barrier — Bulls Eye Key $96.80 Breakout…
Stocks

Solana Smashes $90 Barrier — Bulls Eye Key $96.80 Breakout…

Share

Solana cryptocurrency be expected to rise to the next resistance level 96.80 (former strong resistance from March). 

  • Solana broke resistance area
  • Likely to rise to resistance level 96.80

Solana cryptocurrency recently broke the resistance area between the round resistance level 90.00 (former monthly high from the middle of April, as can be seen from the daily Solana chart below), resistance trendline of the daily Triangle from March and the 61.8% Fibonacci correction of the downward correction ii from March. The breakout of this resistance area accelerated the active short-term impulse wave 1 – which belongs to the strong intermediate impulse wave (1) from February.

Given the predominantly bullish sentiment that can be seen across the crypto markets today, Solana cryptocurrency be expected to rise to the next resistance level 96.80 (former strong resistance from March).

The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Share
Related Articles

US-Iran Military Conflict, Crude Oil Surges and US Dollar…

Geopolitical conflicts, surging oil and tariffs drive inflation fears, prompting central bank...

PayPal, Robinhood and Coinbase Earnings Could Reprice…

Three companies with different exposure to digital assets will report second-quarter results...

Super Micro SMCI Stock: $58 Bull Case vs $15 Bear Case

The $60 billion number that sent Super Micro Computer up as much...

China’s Gold Reset Could Become Gold Prices’…

For most of the past two decades, the biggest drivers of gold...