Solana moves inside Pitchfork lines

After some quick green candles from bitcoin Solana has shown some upward movement but this is still not enough as the resistance level is still far.

Solana price today is $175.37 USD with a 24-hour trading volume of $1,399,079,408 USD. Solana is up 0.18% in the last 24 hours, with a market cap of $54,272,937,521 USD. It has a circulating supply of 309,483,885 SOL coins. 

Solana moves
Source: Tradingview

Solana Moves: Analysis

The support level for Solana is at $142, just above EMA 200 where we have the bottom line of Pitchfork’s bearish trend. EMA 100 is currently acting as local support for Solana and the final resistance level is at $186, the price level of December 28.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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