21.07.202308:32 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Solana Cryptocurrency, Friday July 21, 2023.

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With its CCI indicator that manages to broke above its three levels as well as EMA 20 & EMA 50 which intersects upward on the daily chart of the Solana Cryptocurrency, indicating that bull conditions are still ongoing and the 30.95 level is still the target that Solana will aim for in the next few days, however, to get to that level, Solana needs momentum to reach this target, therefore the currency This crypto currency needs to be corrected slightly at the level of the Bullish Fair Value Gap area, more or less around the 23.10 level, which is important as long as the downward correction does not pass below the 20.55 level, Solana in the next few days still has the potential to continue its bullish rally.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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