Solana: Gauging SOL’s ability to induce breakout rally in the coming days

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana climbed above its EMA ribbons to exhibit an increased buying edge The altcoin’s Open Interest and price saw a slight uptick over the day Solana’s [SOL] rebound from the trendline support induced a […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment adviceThe altcoin’s Open Interest and price saw a slight uptick over the day

In the meantime, SOL’s growth entailed a bullish flag-like structure on the daily chart. As a result, SOL swayed above the EMA ribbons to depict a bullish edge.

 

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