USA’s first Solana (Left) The Stinging ETF will be released by Rex-Oosprey on July 2. The fund will provide investors the opportunity to earn both left investment and stake income. Before the launch of ETF, Altcoin’s price rose to $ 159, but is currently trading around $ 151. With the news, the transaction volume increased by more than 70 percent to 4.79 billion dollars. Bloomberg analysts say that the probability of approval for Spot Solana ETF has increased to 95 percent and that it could increase corporate adoption. Market, ETF LEFTHe argues whether he can carry the price of $ 200.
ETF launch excitement in Altcoin Solana
Rex-ospreySpot Left Stinging ETF will be released in the USA Crypto Money MarketIt is seen as an important turning point. The Fund will facilitate the access of investors to the left CoIN and the left stake returns without direct participation in Solana Blockchain. This means a new gateway, especially for corporate investors.
Bloomberg analyst Eric Balchunasexpressed that the upcoming fund launch may be the beginning of “Altcoin ETF writing ve and that Solana will be the pioneer of this movement. it. James Seyffart stressed that the probability of SPOT Solana ETF approval is very high. Glassnode’s data shows that the wallet addresses, which hold more than 0.1 left, break a record of 11.44 million. Data are interpreted as an indication of the activity of small investors and the general market optimism.
Possible Price Scenarios for Left Coin
Technical analysis Left coinIt shows that the price movement of the price movement is stuck in a symmetrical triangular formation. This formation is usually considered a harbinger of the harsh price movement after consolidation. The current critical resistance level was $ 159 tested yesterday but could not overcome. Permanently on this level may technically open the door of an increase up to $ 235 (approximately 47 percent).
Another obstacle to the price is the $ 157 level where the 50 -day simple moving average (SMA) is located. To start a long -term rise trend altcoinIt has to exceed 166 dollars representing this level and then the 200 -day SMA. The green histogram bars on the Awesome Oscillator (AO) indicator indicate that sales pressure is reduced and the acceleration of the rise may occur. However, after the ETF launch, the 50 -day SMA may bring the risk of closing decrease.
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.
