- Solana is approaching the resistance level 177.50
- Likely to rise to resistance level 200.00
Solana cryptocurrency recently broke the resistance area between the resistance level 150.00 (which has been reversing the price from March) and the 61.8% Fibonacci correction of the downward impulse from the start of March.
The breakout of this resistance area accelerated the active short-term impulse wave c from the start of April, which belongs to wave B.
Solana can be expected to rise to the next resistance level 177.50 (previous monthly high from March) – the breakout of which can lead to further gains toward 200.00.
- Likely to rise to resistance level 200.00
Solana cryptocurrency recently broke the resistance area between the resistance level 150.00 (which has been reversing the price from March) and the 61.8% Fibonacci correction of the downward impulse from the start of March.
The breakout of this resistance area accelerated the active short-term impulse wave c from the start of April, which belongs to wave B.
Solana can be expected to rise to the next resistance level 177.50 (previous monthly high from March) – the breakout of which can lead to further gains toward 200.00.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] 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.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to [email protected] 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.