In a high volatility environment in the crypto currency market, Solana’s price is faced with significant support levels. During the process of developments in tariff decisions, the mobility of the solea price attracts attention during the process of reflecting other crypto currencies.
Left Coin Price Movement
In recent days, the transactions carried out by big investors had an impact on Solana. Whale Alert, on April 9, an indefinite wallet from the Kraken stock exchange reported that the transfer of 1,030,000 left token was transferred, while a whale with a “4W1REE” wallet was removed from the system from the system. These procedures are observed to adversely affect market sensitivity.
In Solana’s daily graphics, the downward channel formation is detected. On April 7, the price decreased to $ 95,16 and tried to balance with purchasing activities below $ 100. Analysts are $ 74 and $ 50 as basic support levels; It evaluates 115 and 121 dollars as resistance levels. Although $ 115 is overcome quickly with the effect of tariffs, the range of $ 121 and $ 148 is now on the agenda.
Solana comment
After the decision to stop the tariff, solana, Bitcoin, XRP, Ethereum and other crypto currencies were also observed positive mobility. For Solana, it is still likely to decline to $ 80 in the short term or to rise to $ 150. For now, the upward potential is stronger.
While the price fluctuations continue with the effect of large quantity token transfers, investors are trying to act in line with possible risks and opportunities in the light of these developments.
In technical analysis, if Solana can maintain its existing level of $ 115, it is pointed out to return to the resistance zones. The fact that the price does not deviate from critical goals is considered important for short -term recovery.
Developments related to economic uncertainties and international tariffs lead to a general fluctuation in the crypto market, while the latest supportive explanations will help a permanent recovery.
Analysts, while expressing cautious optimistic opinions about Solana’s short -term course, said that the preservation of current support levels may pose a risk element if it is broken, on the contrary.
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.
