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FX.co ★ Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday July 26, 2024.

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Crypto Analysis:::2024-07-29T02:14:30

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday July 26, 2024.

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday July 26, 2024.

If we look at the 4-hour chart, the Solana cryptocurrency seems to still be moving in a strengthening condition even though there is currently a weakening correction but is stuck at the Bullish Fair Value Gap level which functions as a significant support level, so in the near future as long as there is no weakening that breaks below the 162.50 level, Solana will strengthen again where this has also been confirmed by the appearance of hidden deviations and the Descending Broadening Wedge pattern so that Solana will try to strengthen to the 182.53 level.

(Disclaimer)

Analyst InstaForex
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