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Solana to rise

The bullish move of Solana:

Solana was bearish since we predicted it on November 29, 2021. The bullish move of Solana was breaking above the descending triangle making lower lows.

The Solana price today is $230.61 USD with a 24-hour trading volume of $3,923,623,608 USD. Solana is up 0.41% in the last 24 hours, with a market cap of $70,485,072,587 USD. It has a circulating supply of 305,642,203 SOL coins.

The bullish move
Source: Tradingview

The Bullish Move: Analysis

Solana yesterday rose to the price it last on November 23 at $235, and that’s where our first resistance is – fairly weak yes. After breaking this resistance level, the target for Solana should be at fib 1.272 at $238, where it was last on November 17, 2021. EMA 50 should act as local support at fib 0.786.

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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