Ethereum

Solana

Coin

<ul class="news-points">
 <li>Solana rises to 4th largest crypto, showing bullish momentum with a market cap boost and key support at $182 and $186.</li>
 <li>SOL faces resistance at $193-$194. A break with strong volume could push the price toward $200.</li>
 <li>SOL’s MACD and RSI indicate potential bullish momentum, with the price up 4.47% in 24 hours.</li>
</ul>
Solana (SOL) has overtaken Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, reclaiming the $190 level. The overall crypto market has benefited from recent developments and broader market support. While the launch of the spot Ethereum ETF did not significantly impact prices, the recent Bitcoin conference appears to have bolstered investor confidence.
<a href="https://coinedition.com/could-solana-reach-1000-crypto-analyst-sees-parallels-to-2021-rally/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Solana’s price action</a> indicates a strong upward movement, demonstrating bullish momentum. The price increased from around $183 to $193, signaling a robust recovery and buying interest. The price found initial support at $182, the lower end of the day’s price movement, before beginning its upward trend.
Another minor support level was observed at $186, where the price experienced brief consolidation before continuing its rise. Currently, the price faces resistance at $19…
The post <a href="https://coinedition.com/solana-overtakes-bnb-eyes-200-whats-driving-sols-bullish-momentum/" rel="noopener noreferrer nofollow">Solana Overtakes BNB, Eyes $200: What’s Driving SOL’s Bullish Momentum?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Solana Overtakes BNB, Eyes $200: What’s Driving SOL’s Bullish Momentum?

Coin Edition

Alte articole publicate pe 29 iul. 2024

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