Main point:
Defi Development Corp from the Nasdaq list said on Monday that it acquired 141,383 Solana (SOL) between July 14 and July 20, which strengthened her wardrobe to 999999 Sol. The company said it has $ 5 million at its disposal in future purchases.
Another positive mark for Sol is that SSK, the Sol Staking Transved Transand (ETF) from RX -Sprey, over $ 100 million of management assets in 12 days trading only after its launch on July 2.
Can a cabinet and ETF buy Boost Sol more? Let’s analyze the plans to find out.
Predicting Sol Price
Seoul reached a resistance of $ 209 on Tuesday, when the bears are rising in a strong defense.
The first support on the downside is $ 185. The steel reversal of $ 185 indicates that the bulls are trying to turn the level to support. This improves a break above $ 209. If this happens, the Sol/USDT husband may rise about $ 240. There is resistance at $ 220, but it is likely to be crossed.
This positive offer will be nullified in the short term if the price continues less and less than the Si -moving average for 20 days ($ 172).
Related to: How high is the price of XRP from a height of $ 3.66?
The pair began a decline, which fell under 20-ema on the graph for 4 hours. This indicates that in the short term buyers reserve profits. Next support is $ 185, which is a crucial level to keep it. If the price increases from $ 185, the husband can re -test the level of $ 209. A break above $ 209 can resume the upper direction.
On the other hand, a break less than 50 Pascal moving average indicates the beginning of a deeper correction to $ 170.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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2025-07-23 16:25:00
