Resource: Coinpedia.org
2 years ago
Date: 09 Apr 2022 - 03:51

The post Will SolanaSOL Price Drop Below 100 or Hit 130 In Coming Days appeared first on Coinpedia Fintech amp Cryptocurreny News Media Crypto GuideOn Thursday and Friday Solana SOL received muchneeded support. On Thursday the introduction of Solanabased NFTs on OpenSea was SOL price positive. Although on Saturday the bulls trading on an hourly period have had a rough start to the day as the Ethereum killers price is currently down by 10 percent in the last 24 hours and is trading at 108. Solanahad two consecutive up days.Will SolanaSOL Price breach The 130 Mark or Fall Below 100To break past the first Major Resistance Level at 122.00 SOL must climb above the 116.49 pivot. To break clear of this mornings high of 122 market sentiment would have to strengthen. SOL should test the Second Major Resistance Level at 125.56 if another extended rally occurs. Solana should stay over 110 until there is a sustained selloff throughout the day. 107.54 is the second major support level.According to reports the price of Solana SOL is on the verge of breaching again above 130. These last few days bulls and bears have been trading against each other in the distribution phase between 105 and 120. Bulls have won the war and have overpowered negative sell pressure by blowing up the demand side thanks to the bullish breakthrough earlier this morning. Expect a rally to extend to 130.70 allowing bulls to reclaim control and extend the surge next week.Solanas ecosystem bloomsOpenSea the leading nonfungible token NFT marketplace has begun the longawaited integration of Solana. According to data from the marketplace the portal has already begun listing Solanabased collections according to a story published yesterday.The Solana functionality is currently in beta according to the article. OpenSea opted to support 165 collections as part of this launch including Solana Monkey Business Degenerate Ape Academy and DeGods to name a few. However according to marketplace statistics the platform presently has 865873 Solanabased NFTs listed.

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USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
3001.33 $ 0 % 360.05 Billion $
1.001 $ 0 % 82.65 Billion $
398.86 $ 0 % 59.29 Billion $
1.004 $ 0 % 50.96 Billion $
101.49 $ 0 % 33.28 Billion $
0.122 $ 0 % 31.52 Billion $
0.7024 $ 0 % 30.96 Billion $
82.96 $ 0 % 29.44 Billion $
0.9455 $ 0 % 29.42 Billion $

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