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Cryptopolitan 2021-08-29 08:12:10

Solana Price Analysis: SOL/USD got rejected at $97 but bulls still consolidating to cross the $100 mark

TL;DR Breakdown Today’s Solana price analysis is bullish after an 8.00 percent surgeSOL/USD traded within a daily range of $86 – $97.Solana price action has witnessed bullish patterns in the past 4 -weeks.  Today’s Solana price analysis is bullish after the scalability solution token witnessed an  8 percent continuation to the $97 region on the daily chart.  Solana bounced from a daily low of $86, thereby defending the bulls from sinking below the $85 support. Buyers are anticipating the coin to record further gains in the next 24 hours as the bulls reach out to sustain the momentum and strongly prevent the destruction of the ascending structure. Solana price movement in the last 24 -hours: Will bulls expand the range with higher lows and higher highs? According to our Solana price analysis, SOL/USD traded within a daily range of $86 – $97. Such a broad suggesting high volatility across the 24-hour trading session. Solana’s daily trading volume underwent a 34.40 percent surge to a total of $3.28 billion. The total market capitalization stands at $27.37 billion after an 8.10 percent surge in the last 24 hours. Solana is ranked position #8 among the leading cryptocurrencies by market cap.  4-hour Solana Price Analysis: Bulls aim for $3.00 On the 4-hour Solana price analysis, SOL/USD is trading upwards as bulls attempt to cross into the $97 region.  Bulls have their eyes focused on the $100.00 upper targ...

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