There is a huge gap between SOL and 200 EMA. Indicates a large price range. My prediction is that SOL prices may fall slightly in the future with the rise of BTC.
My technical reason for this is that I guess SOL has now taken the form of a 1D large triangle, and that some people who traded with SOL are allocating money to trade with other ALT Coins as the BTC price rises.
But this is likely to change at any moment. The reason is that large NFT investments on the SOL Blockchain have an impact on SOL as well.
My technical reason for this is that I guess SOL has now taken the form of a 1D large triangle, and that some people who traded with SOL are allocating money to trade with other ALT Coins as the BTC price rises.
But this is likely to change at any moment. The reason is that large NFT investments on the SOL Blockchain have an impact on SOL as well.
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