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Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday April 25, 2025.
Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday April 25, 2025.
Crypto-currencies
2025-04-25 05:02:14
Although currently the Solana cryptocurrency is moving in a strengthening condition which is indicated by its price movement moving above the WMA (30 Shift 2) but with the appearance of Divergence between the Solana price movement and the Stochastic Oscillator indicator which also happens to be above the Overbought level (80), and is now preparing to fall below that level where all of this gives an indication that in the near future, it has the potential to be corrected to weaken down to the level of 145.25. But as long as the weakening does not break and close below the level of 141.02 , then Solana still has the potential to strengthen again where the level of 154.50 will try to be broken upwards, if successful, then Solana will continue its strengthening to the level of 156.51 as its main target and if the volatility and momentum of its strengthening support then 159.60 will be the next target to be aimed of.
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