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Solana has been moving within a narrow range on the daily chart. The green line indicates the $165.84 support area, where the price appears to be holding steady after reversing below $170. The blue line at $156.52 and the orange line at $151.66 are important support levels to keep an eye on. Historically, these levels have provided a lot of support.The levels of immediate support are $156.52 and $165.84. Should these levels hold, SOL may try to make another push for $170.
The $0.55 resistance level may be broken by XRP if it maintains its hold above the $0.50 support level. If the break is successful, XRP may move up to $0.57 and higher. But if it drops below $0.50, that could indicate a bearish trend.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.