Solana Price Prediction: A Breakout at $34 Resistance Level May Increase Price to $39 Level
Join Our Telegram channel to stay up to date on breaking news coverage Ranging movement in Solana market Solana Price Analysis – October 09 In case there is a breakout at the resistance level of $34, price may increase to the resistance level at $38 which may increase to $39. On the other hand, when the $31 level holds not, Solana may decrease to the support levels at $31, $28 and $25. Meanwhile, the relative strength index period 14 is at 49 levels displaying no specific direction. SOL/USD Market Key Levels: Resistance levels: $34, $38, $39 Support levels: $31, $28, $25 SOL/USD Long-term Trend: Ranging Solana is on ranging movement on the daily chart. Since September 18, when the price decreased to the support level of $31. Solana has been trading within the range of $34 and $31 levels. Attempts made by sellers to break down $31 level was interrupted by the buyers, then, the price is pushed up to $34 level. Likewise, when the buyers pushed up the pr...