Liquid Swap

Reserve

Solana

Swap

<ul> 
 <li><strong>At the time of writing, SOL is trading at $60.76, up 8.52% in the last 24 hours.</strong></li> 
 <li><strong>If the price manages to go past $65.9 level then it will likely test $88.4 resistance level.</strong></li> 
</ul> 
<p><a href="https://thenewscrypto.com/solanas-mad-lads-nfts-hit-record-breaking-all-time-high/" target="_blank" rel="noreferrer noopener">Solana</a> and most altcoins have been riding the current bullish momentum. Late Tuesday, Bitcoin’s price began to climb as Federal Reserve governor Chris Waller signaled a possible economic slowdown and continued inflation moderation, praising the “right spot” for present policies.</p> 
<p>Additionally, Waller said that there is a strong case for rate decreases in the coming months if inflation keeps falling. A change in interest rates might cause a shift in the market sentiment as historically seen.</p> 
<p>Several liquidity pools on Binance Liquid Swap will be removed by <a href="https://thenewscrypto.com/philippines-sec-issues-warning-over-binances-unauthorized-operations/" target="_blank" rel="noreferrer noopener">Binance</a>. By December 6, the cryptocurrency exchange intends to delist many prominent liquidity pools, among them is Solana (SOL). Users may effortlessly trade crypto tokens using Binance Liquid Swap and become liquidity providers, earning transaction fees and BNB incentives.</p> 
<h3 class="wp-block-heading" id="h-bulls-dominating">Bulls Dominating</h3> 
<p>The price of Bitcoin has soared beyond $38,000, while the price of Ethereum has jumped above $2000. The price of Solana has soared by more than 8% in the last 24 hours and more than 85% in the last month, with a peak of about $66. The price found support at $54 level yesterday, and started a fresh rally. Moreover, it broke above the key resistance level of $59.6.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img decoding="async" width="630" height="380" src="https://thenewscrypto.com/wp-content/uploads/2023/11/SOL_7D_graph_coinmarketcap-11.png" alt="" class="wp-image-86597" srcset="https://thenewscrypto.com/wp-content/uploads/2023/11/SOL_7D_graph_coinmarketcap-11.png 630w, https://thenewscrypto.com/wp-content/uploads/2023/11/SOL_7D_graph_coinmarketcap-11-300x181.png 300w" sizes="(max-width: 630px) 100vw, 630px">
  <figcaption class="wp-element-caption">
   Source: <a href="http://CoinMarketCap.com" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>
  </figcaption>
 </figure>
</div> 
<p>At the time of writing, SOL is trading at $60.76, up 8.52% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is up 62.77%. If the price manages to go past $65.9 level then it will likely test $88.4 resistance level. On the other hand, if the price goes below $57.6 level, then it will likely test the $56.3 support level.</p>

Solana Breaks Above Key Resistance Level, Further Surge Likely?

Table of Contents

TheNewsCrypto

Other articles published on Nov 29, 2023

Memecoins Unveiled: Navigating the Unpredictable Landscape of Meme-Driven Cryptocurrency Investments

Zero-Knowledge (ZK) Proofs: What You Need to Know

XRP Eyes the $1.88 Level Based on The Formation of a Cup and Handle Pattern; $ROE’s 300% Rally St...

Loopring Price Prediction: Will LRC Hit New Swing High Next Month?

Global Crypto Market Cap Hits $1,500,000,000,000 Have We Earned It?

Bitcoin ETF Update: SEC Seeks Public Input on Franklin Templeton’s Spot Bitcoin ETF Proposal

Join our free newsletter for daily crypto updates!