Solana, one of the important names in the crypto money market, comes up again with the mobility in the price. According to the latest data, Solana is traded at $ 193.67. Market participants follow the developments carefully because Solana approaches a significant level of resistance in the coming period. Analysts predict that if this expected resistance level is exceeded, the price can gain a new momentum.
Analysts’ comments and expectations
Considering the current price of Solana, market experts say that a withdrawal may be experienced in the near term. It is stated that such decreases may be an opportunity to purchase. “After a moderate withdrawal, there may be a chance to buy for this asset after a moderate withdrawal, and then prices are expected to progress to the highest levels.” Explanation is reported in the form.
The basis of the evaluations about Solana is drawn attention to the fluctuations that will occur just before the critical field of resistance. According to experts, the price of new peaks can be opened if the price shows upwards from the $ 193.67 level. In this scenario, investors can catch a positive atmosphere.
SEC ETF decision and price expectation
The fact that the United States of the United States has postponed its decision on the solana ETF of the Stock Exchange Commission (SEC) to October, created question marks on the market. Nevertheless, some analysts think that this delay will not be decisive on the price movement of Solana. “Despite the delay in the ETF decision of the ETF, we foresee an increase potential up to 360 dollars in the price of SEC’s ETF decision.” commented.
It is stated that the postponement of the SEC decision may have a limited impact on investor psychology. It is stated that the main issue focused on the participants is whether Solana can exceed the level of resistance technically. In addition, analysts emphasize that Solana may have suitable conditions to move upward with the support it receives from the market.
Market Effects and the Future Look
The mobility in Solana’s price is also effective in the general crypto market. It is observed that other crypto beings closely follow this upward trend in Solana and show similar movements from time to time. The cautious approach of investors can increase the volatility in the market.
In market analysis, recent price movements are particularly supported by technical indicators. In long -term analyzes, it is noted that Solana has a rise potential supported not only by short -term fluctuations but also with basic indicators.
In general, experts suggest that if the significant level of resistance is exceeded, there may be hard -up movements in the price of solana. However, it is emphasized that general uncertainties and regulative developments in the market should be closely monitored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
