פֿאַרעפֿנטלעכט 17 שעה צוריק
צווישן די לעצטע אַנסערטאַנטי אין די קריפּטאָ מאַרק, די Solana מאַטבייע פּרייַז resonated in a defined range stretched from the $15 to $11.9 mark. The consolation phase lasted for around six weeks. And offered a short break period for sellers before resuming the downtrend. Thus, prices may rebound from $9.95 support to replenish bearish momentum.
שליסל פונקטן
- A potential bullish reversal from the $9.45 support may encourage a bullish upswing of 20%
- The oversold RSI increases the possibility of a bullish reversal
- די 24-שעה טריידינג באַנד אין די סאָלאַנאַ מאַטבייע איז $ 1.15 ביליאָן, וואָס ינדיקייץ אַ געווינען פון 162%.
מקור-Tradingview
On December 22nd, the coin breached the $11.9 support and tumbled price 20% down to hit the $9.45 mark. Furthermore, the sellers tried to breach this level, but the buyers are aggressively defending this level.
On December 29th, the daily candle showed a Doji-type candle with long wicks on both sides. This indecisive candle after a sharp fall suggests the market participant are struggling to carry on the further downfall.
By the press time, the SOL price trades at $9.84 and trying to sustain above the $9.45 support. With sustained buying, the coin holders may witness a relief rally to retest the $11.85 breached support.
However, with ongoing negativity in the crypto market, this temporary bullish recovery may turn down the prices from the $11.85 mark and resume the prior downfall.
On a contrary note, the bearish thesis will weaken if the SOL price breaks out from the mentioned resistance.
טעכניש גראדן
RSI: the indicator value at 28% indicates the traders have overextended the selling activity. Moreover, the RSI שיפּוע reverting from this oversold region increases the possibility of a relief rally to stabilize the excess selling.
EMAs: The large gap between the downsloping EMAs(20, 50, 100, and 200) accentuates an established downtrend. Moreover, the 20-day EMA act as dynamic resistance to SOL price.
סאָלאַנאַ קאָין פּרייַז ינטראַדיי לעוועלס
- אָרט קורס: $ 9.93
- גאַנג: בולליש
- וואַלאַטילאַטי: הויך
- Resistance level- $11.9 and $15
- שטיצן מדרגה - $9.44 און $7.6
די דערלאנגט אינהאַלט קען אַרייַננעמען די פערזענלעכע מיינונג פון די מחבר און איז אונטערטעניק צו די מאַרק צושטאַנד. טאָן דיין מאַרק פאָרשונג איידער ינוועסטינג אין קריפּטאָקוררענסי. דער מחבר אָדער די ויסגאַבע איז ניט פאַראַנטוואָרטלעך פֿאַר דיין פערזענלעכע פינאַנציעל אָנווער.
Source: https://coingape.com/markets/solana-coin-losing-streak-stalls-at-9-5-ssupport-will-price-recover-again/