Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana price shows strength, key support level at $67, key resistance levels at $78 and $100

Solana price shows strength, key support level at $67, key resistance levels at $78 and $100

Bitget2023/12/15 09:10

According to CryptoPotato, despite recent pullbacks, Solana remains strong. The key support level is $67, and the key resistance levels are $78 and $100. Solana seems ready to break through and turn the resistance at $78 into support. If this happens, the cryptocurrency is more likely to reach a three-digit valuation. The support at $67 successfully resisted selling on Monday, with buyers returning and pushing the price back towards the key resistance level. This indicates that market corrections are relatively shallow and quickly bought up. Although the price appears poised for further gains, the 3-day RSI shows a different situation. Since mid-November, RSI has been making lower highs, which requires caution. Based on RSI analysis, momentum may reverse. SOL still leans towards bullishness. In terms of short-term predictions for SOL's price, there may be conflicts with the next key target of $100 after breaking through $78. Such an impact would require an uninterrupted dominance by the bull market.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!