
Despite its 4.5% drop in the last 24 hours, which affected the short -term momentum, a rare graphic model adds to the positive expectations of the price of Solana currency in the long term, with the possibility of reaching benefits of up to 30 times. 2021, describing the strong launch as “very imminent”, after having restored the price of alternative currency $ 200 this week.
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The neckline of this model is located near the level of $ 250, and it is the last significant resistance barrier before reaching a range of $ 4,800 and $ 6,000, which is equivalent to 3,000% of current levels. Although this objective may seem ambitious, Solana’s price has not yet been affected by stimulating basic factors, but now faced with a demand caused by small investors in the light of favorable public departments. On the other hand, the situation may change as a deadline for the approval of the launch of an immediate negotiating fund on the ETF Sol Stock Exchange on October 10, which would open new doors to unacceptable traditional investment markets if they were approved.
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This complies with the expected claarity law at the same time and can help stimulate the institutional demand for organizations awaiting organizational clarifications.
However, Tartigrade notes that this style can take several years to reach its summit, classifying the process as a “long -term investment”.
Solana currency prices: how close is the emerging start-up?
The dumping rebound at $ 205 cannot last long after having exceeded an artistic style in the form of an ascending triangle which began to train since it reached the bottom of the market in the middle of April.
Although the momentum that followed penetration has been exaggerated at this level, the artistic style is still provided by an additional increase of 54% for re-test of the highest level of money in money almost $ 297.50. However, this optimistic scenario currently involves a decisive turn, because it constitutes the nearest level of support at $ 185 per defense line before the possibility of retiring below the upper limit of the price triangle.
If the price decreases without the steering line, the previous penetration will be considered as a liar, which can be reactivated the lateral trading model and the realization of the “cut and handle” model that the tartigrade has exchanged. As for the momentum indicators, the image remains mixed; The RSI index rebounded at the neutral level 52 after landing from the excess purchase zone at 86, indicating a more stable price base.
However, the MacD index requires care after the emergence of “the intersection of death” under the signal line, a late indicator which may indicate the continuation of the short -term descending direction. In the event that it turns out that the emerging movement was false, the next level of surveillance will be at $ 165, and it is likely that profits harvesting operations and the abolition of investors less patience to form a lower level of support.
The objective of the price of the Solana currency by reaching $ 500 is still far away, and here is a faster way to make profits
Given that the objective of the Solana currency of $ 6000 is still long -term for years, its owners can benefit as much as possible from the new liquidity from small traders by heading towards low value parts in the Solana technical system, despite the high -risk degree that accompanies it.
Here, the role of Snator-SNORT and its trading robot designed to detect early momentum and help investors participate before the market market to obtain the most important gains; Commercial robots are not a new concept, but Senortre Robot is specifically designed to monitor opportunities and define specific price commands (border), as well as trading in protected currency against the planned negotiation robot attacks (MEV) and the characteristic of commercial copies with protection against tap withdrawal tips.
Since understanding the appropriate time to sell is no less important than time to enter, Sinortre Robot can also help you define the optimal time for sale.
For its part, the current Snator project succeeded in a strong beginning in which the outcome of its subscription exceeded two million dollars in its first weeks, driven by highly highly high mortgage awards (APY).
Finally, you can follow the Snorter project on X and Instagram platforms or participate in the subscription via the official project website.
The Solana-Sols currency position after the emergence of a rare increase which announces the possibility of its 3,000% increase to $ 6,000 appeared first on Arab Cryptonews.
