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Solana registered an unprecedented price surge over the last week Metrics and market indicators looked bullish Solana’s [SOL] new year began on a cheerful note as the token registered an unprecedented surge over the last week. It outperformed all the other cryptocurrencies on the market capitalization front. Are you SOL holdings flashing green? Check the […]
SOL’s market indicators also looked pretty bullish, suggesting that the surge will continue in the coming days. For instance,s Money Flow Index was resting above the neutral mark, which was bullish. The Chaikin Money Flow was also relatively high, which further increased the chances of a price hike.
Moreover, the Moving Average Convergence Divergence revealed an advantage in the market as it displayed a bullish crossover. The Bollinger Band further suggested that SOL’s price was in a high volatility zone, giving hope for better days ahead.Subscribe to get it daily in your inbox.
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