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 subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.
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.
