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Solana Likely to Find Support at 78.60 Fib Level, Tamadoge to Be Listed on OKX

Solana Likely to Find Support at 78.60 Fib Level, Tamadoge to Be Listed on OKX

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Solana’s dollar price has led to a sideways movement after a long downtrend. Furthermore, the signs from the technical indicators do not depict much liveliness in this market.

Binance coin analysis statistics:
SOL Value Now: $32.95
SOL market cap: $11.66 billion
Solana’s mobile supply: 354.65 billion
Solana’s total supply: 511.62 billion
SOL’s Coinmarketcap Rank: #9

These markets are still being looked at the SOL/USD market as well as the SOL/BTC market. We try to deduce a good starting point and useful trading decisions that can turn out to be profitable.

Important price tags:
Resistances: $34.00, $36.34, $40
Support marks: $32.95, $31.00, $29.30

Bears restrain Solana’s most upside move, Tamadoge is listed on OKX

The SOL/USD 24-hour chart revealed that the Solana could fluctuate between $34 and $31. Furthermore, this price level happens to be in between the 78.60 fib level. At this point, the MA of the Bollinger indicator on this chart has not acted as support as the price action has fallen below it. As a result, price action may drop to the 78.60 fib level as support. If this level holds, price action may move higher from there. The MACD lines have also crossed below the 0.00 level, indicating a weak uptrend. In addition, perhaps a significant number of traders have been waiting for the Fibonacci level of 78.60 as a possible entry point, so price action can gain significant momentum from there. Eventually, the lateral price channel breaks upside down. Otherwise, if bears continue to press prices down, Solana’s price will not find support at this Fib level and may fall to $30.00.

Tamadog OKX

Solana is likely to find support at the 78.60 Fib level, Tamadoge is listed on OKX

Solana Price Speculation: SOL/BTC Witnessing Moderate Uptrend

Solana seems to be trading upwards. Additionally, price activity has reached the Bollinger indicator above the MA, indicating significant bullish momentum. On the plus side, the price may soon return to the expected Fib level of 38.20. If the price eventually finds support from here, buying pressure could build up from here and the price could rise further.

Buy Solana now

Your capital is at risk.

In addition, the MACD indicator also depicts a moderate upward trend in this market. More positivity in this market is revealed by crossing the MACD curves to the positive side of the indicator. At this point, traders can expect the price to reach 0.001900 soon and possibly higher in the longer term. Therefore, the trader can place his stop just below the 38.20 Fibonacci level.

In other altcoin news, Tamadoge, a deflationary meme coin and ERC-20 token, will have its initial coin offering (IDO) on OKX. TAMA will list at $0.03 on September 27th.

Tamadoge – Play and earn meme coins

Tamadog logo
  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • Advance sales raised $19 million in less than two months
  • Upcoming ICO on OKX Exchange

Tamadog logo


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