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Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest


by Maxwell Mutuma
for CoinEdition
Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest

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Solana is attempting to stabilize after a sharp pullback that sent the asset toward the $121.50 Fibonacci zone earlier in the week. The market now watches whether this recovery can gain traction as traders assess fresh ETF developments and shifting derivatives positioning. 

Price action on the 4H chart shows Solana reclaiming momentum indicators and challenging a familiar resistance area, creating a mix of optimism and caution across the market. The broader environment adds further complexity as futures interest rises and spot flows show uneven participation.

SOL Tests Mid-Range Resistance as Momentum Improves

Solana trades near $137 to $138 after recovering from the recent local low. The move above the EMA9 and the mid-band of the DKC channel brings early strength into focus. 

However, price still struggles to clear a short-term ceiling that has stalled several rall…

Read The Full Article Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest On Coin Edition.

Read the article at CoinEdition

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$ 138.90

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Coins

$ 138.97

+0.43%

$ 138.90

+0.33%

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Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest


by Maxwell Mutuma
for CoinEdition
Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest

Share:

Solana is attempting to stabilize after a sharp pullback that sent the asset toward the $121.50 Fibonacci zone earlier in the week. The market now watches whether this recovery can gain traction as traders assess fresh ETF developments and shifting derivatives positioning. 

Price action on the 4H chart shows Solana reclaiming momentum indicators and challenging a familiar resistance area, creating a mix of optimism and caution across the market. The broader environment adds further complexity as futures interest rises and spot flows show uneven participation.

SOL Tests Mid-Range Resistance as Momentum Improves

Solana trades near $137 to $138 after recovering from the recent local low. The move above the EMA9 and the mid-band of the DKC channel brings early strength into focus. 

However, price still struggles to clear a short-term ceiling that has stalled several rall…

Read The Full Article Solana Price Prediction: SOL Attempts Rebound While ETF Expansion Signals Market Interest On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 138.97

+0.43%

$ 138.90

+0.33%

Share:

In This News

Coins

$ 138.97

+0.43%

$ 138.90

+0.33%

Share:

Read More

XRP breaks market trend as altcoin ETF leader by key metric, outpacing Solana

XRP breaks market trend as altcoin ETF leader by key metric, outpacing Solana

XRP is leading the race for altcoin supremacy in the US crypto exchange-traded fund (...
Bitcoin whale’s $2 billion wager hints at dramatic market rebound as retail sells off

Bitcoin whale’s $2 billion wager hints at dramatic market rebound as retail sells off

A high-conviction Bitcoin whale placed a $2 billion wager that the worst is over and ...