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Reading: Carl Explained: 2 Key Levels for Solana (SOL) Coin Can Bring You Profit
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EdaFace Newsfeed > Latest News > Altcoin News > Carl Explained: 2 Key Levels for Solana (SOL) Coin Can Bring You Profit
Altcoin News

Carl Explained: 2 Key Levels for Solana (SOL) Coin Can Bring You Profit

vitalclick
Last updated: October 6, 2024 11:38 am
6 months ago
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Struggling to achieve persistence above $62,000 BTC He could not show the expected performance on Sunday either. Volumes have dropped significantly and we will receive important economic signals on the macro front in the coming days. Alright solana (LEFTWhat are the experts’ price predictions for )? Bitcoin $62,036 What do experts think about the future of the price? We will cover these today.

Solana (SOL) Price ForecastBitcoin (BTC) Comments

Solana (SOL) Price Forecast

Popular cryptocurrency Carl, one of the analysts, shared the current chart for Solana (SOL) a few hours ago and drew attention to 2 key levels. For investors who are waiting for a breakout and want to profit from a double-digit movement, $159.5 above and $127 below is the key point.

The analyst, who expects the SOL Coin price to move to one of both targets depending on Bitcoin price performance, thinks it is time to break. If it is below the $122 support base, there are targets at $118 and $111. The levels that many experts point out for the rise are $188 and $210.

Let’s see which way Bitcoin will move and will one of the classic rises begin as of the second week of October?

Bitcoin (BTC) Comments

Marco Johanning shared the chart below as a summary of the market outlook today and Bitcoin He pointed out a possible decline to $59,232. Their bullish targets are $64,000 and $67,000, which will be the breakout level.

“There is an increase in the medium term, but as mentioned yesterday, BTC If it takes back the blue lines, there will be an increase only in the short term.

Otherwise, the “last shake” that everyone is talking about is still on the table.

Set alarms at key levels and enjoy your Sunday!”

Daan Crypto Trades, on the other hand, found the weekend calm reasonable. Focusing on the CME gap, the analyst wrote:

“We could return to around $62,400 near the reopening of futures tonight to bridge any gap that may occur. “This is also the level that has been acting as support/resistance for the last 1-2 weeks, so it is a good level to watch.”

The biggest event of the week will come on Wednesday Fed minutes will be. Since there are minutes of the first interest rate cut, investors will have great expectations and we can see the reflections of this in the charts.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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