Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptopolitan 2021-08-24 14:20:48

Solana Price Analysis: SOL/USD slowly consolidates above $75, targets $82 next?

TL;DR Breakdown Solana price analysis is bullish on today’s session after  bulls rallied 5.98 upwardsSOL/USD is heading towards $77 after a slight correction to the $75 – $76 zonewe expect SOL/USD to gain more percentages later today and cross past $80.  Solana Price Analysis: General Price Overview Solana price analysis is bullish on today’s session after the bulls rallied by more than 5.98 percent in the last 24 hours. SOL/USD started a gradual uptrend in the early morning session after rebounding from yesterday’s support at $68. If the market bulls sustain the current pace, they are likely to cross the $81 target and continue an upward trajectory towards the $100 mark.  The general cryptocurrency market has been trading in the neutral zone with few retracements here and there and several gains across some markets. Some losers include Bitcoin, which has already corrected below the $50K mark by 1.82 percent; Ethereum, which has shed 0.56 percent of its value; and Binance Coin, which has lost 1.41 percent. The best performer of the day is Cardano(ADA), after rallying 2.00 percent in the past 24 hours.  Solana price movement in the last 24 hours: Solana consolidates above $75 SOL/USD traded within a moderate range of between $73 – $79, suggesting a moderate amount of volatility in the past 24 hours. Daily trading volumes skyrocketed by 54 percent to a record $1,833,958,434. On the other hand, th...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.