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SOL Solana price reached $167.74 per coin, up 2.06 per cent during the day

SOL Solana price reached $167.74 per coin, up 2.06 per cent during the day

Bitget2024/10/21 21:07

Solana solana today's market news, SOL Solana latest price: $167.74, up 5.64% in 24 hours, trading volume $ 2.77 billion 
Analysed by the k-chart, it is currently in an oscillating trend. It rose more sharply compared to 15:00, recovered from 09:00 and broke the high of 16:00. When price and volume rise at the same time, it usually means strong buying in the market.
Buyers are actively trading at higher prices, reflecting optimistic market sentiment. In this case, prices are likely to continue to rise with strong momentum. Investors should keep an eye on the breakout of key resistance levels; if the price continues to move higher and firms up, it means the uptrend will continue.
Market momentum is strong and trading is active. The Williams indicator shows that now is the time to be free of overbought and oversold. The recent increase in trading volume, an increase in trading volume compared to the previous hours, and a simultaneous rise in price and trading volume: active trading and strong upward momentum.

The market is buying strongly and the uptrend is continuing, so caution is advised and stops are set.
The above is for reference only and does not constitute investment advice.

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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.

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