26.01.202406:58 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday January 26 2024.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

In the near future, the Solana cryptocurrency has the potential to be corrected down to level 81.65 on the 4-hour chart, but as long as the correction does not breaks below the level of 78.94, Solana still has the potential to strengthen again, which has actually been confirmed by the emergence of deviations between movements. Solana price with the Stochastic Oscillator indicator so that Solana can strengthen to level 89.53 as its first target and if momentum and volatility support it then it is not impossible that level 103.37 will be the next target.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex

Download MetaTrader 4 and open your first trade