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Solana Price Retest $34 Resistance Level, Tamadoge to Be Listed on OKX

Solana Price Retest $34 Resistance Level, Tamadoge to Be Listed on OKX

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Buyers are putting more pressure on Solana’s market

Solana price analysis – September 25

If Solana breaks the $34 resistance level, the price may rise to the $38 resistance level, which may extend to $39. When the $34 resistance level holds, the price may drop to the $31, $28 and $25 support levels.

SOL/USD market

Key levels:

Resistance levels: $34, $38, $39

Support levels: $31, $28, $25

SOL/USD Long-term trend: Up

Solana is in an uptrend on the daily chart. The sellers could not increase the pressure and the price could not withstand the obstacle at the $31 support level. Solana will rise as the $31 support level holds. The price is currently at the $34 resistance level and is testing it. The uptrend may continue if the $31 resistance level is broken to the upside. However, a further price increase is not necessarily possible.

Buyers dominate the market as the price broke above the 9-period EMA and the 21-period EMA to the upside. If the price breaks the $34 resistance level, the price may rise to the $38 resistance level, which may extend to $39. When the $34 resistance level holds, the price may drop to the $31, $28 and $25 support levels. At the same time, relative strength index period 14 is at 49 level, indicating an uptrend.

Tamadog OKX

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SOL/USD Medium Term Trend: Bearish, Tamadog listed on OKX

In the 4-hour chart, Solana’s development is bullish. The coin was under pressure from sellers last week. The price was rejected at the $38 resistance level as the pressure from the buyers failed. The price fell to the $31 support level. The price bounces and rises to test the $34 resistance level. The price is under the buyers control. Sellers may face more pressure soon.

Increased selling pressure could push the coin back to the previous low of $31. Period 14 of the Relative Strength Index is at the 33 level and the signal line is pointing down to indicate a sell signal.

Tamadog growth director Carl Dawkins spoke at the Blockchain and NFT conference as part of London’s Metaverse week on Saturday, along with several other TAMA holders. New crypto token pre-sales and ICOs can often overcome bearish market conditions, even if their release date is a red day – investor sentiment, hype and optimism are greatest in the early stages of a new crypto project.

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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