Solana PRICE Golden Cross while Staped Sol Etf strikes a major landmark star-news.press/wp

Solana Price continued a strong increase on Tuesday, July 22, as it reached its highest level since February this year. Sol Token increased for three consecutive days, an increase of 112 % of its lowest point this year. This increase can accelerate as ETF Stake Sol, which was recently launched, crossed a major milestone.

Solana Price threw the golden cross style

The daily time frame shows that Solana Price has offered a strong return in the past few months, as it moved from $ 95 in April to $ 204 today. The important resistance point has recently turned at $ 186.90 to support, which nullified the double pattern that was formed and the neckline was at $ 125.9. The dual summit is one of the most common downtles in technical analysis.

More importantly, the price of the Sol is about to form a golden cross -style, as it exceeded the moving averages for 200 days and 50 days each other. This cross often leads to two numbers. For example, the last time Solana Price formed this cross in October 2023, when it was circulated at $ 25. Then he jumped to a record level of about $ 300 in January this year.

The relative strength index jumped to 82, while the percentage of the volatile price (PPO) crossed the zero line. PPO is a common indicator created by MACD modification.

Therefore, the Solana price is likely to continue, with the next goal to watch $ 294, its highest level in January. This increase means an increase of 43 % of the current level. The decrease under Golden Cross Point at $ 160 will lead to a climb Sol price expectationsand And refer to more from the negative side.

Stoke Sol Etf Assets Cross Mealestone Milestone

The main catalyst for the price of Solana is the increasing hopes Altcoin season index It will continue to rise this month. This index continued to rise as bitcoin remained in a narrow range.

It will benefit the Altco Solana season because it is one of the most popular heroes in this industry. It will also be useful because of its ecosystem of the coin, which is likely to lead the charge. Data show that The maximum market for all Solana Mimi currencies has increased to more than $ 15 billion.

Sol PRICE also jumped like Rex Staped Solana Etf’s The assets crossed a landmark of $ 100 million and reached the highest level ever at $ 107 million. This is a noticeable growth for ETF three months ago.

The increasing flows are a sign that the Wall Street investors are preparing for the investment funds circulating in Wall Street. Polymarket Data He explains that SEC’s chances of Sol Sol jumped to nearly 100 %.

Solana’s Stablecoin Supply jumped by 6.3 % at the last 30 days to more than $ 11 billion. Its addresses jumped by more than 85 % to more than 3.7 million, while the average transaction volume increased by 60 % to $ 132 billion.

summary

Solana Price has been in the strong bull race in the past few months. It has formed a gold intersection style as a 50 -day animation and 200 days. At the same time, he nullified the double style and shows a strong momentum, indicating more gains.

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CRISPUS is an experienced financial analyst in CoingApe with over 12 years of experience. It focuses on Bitcoin and other altcoins, which covers the intersection of news and analysis. His visions were shown on famous platforms such as banklestimes, Coinjournal, Hypeindex, Seekingalpha, Forbes, Investingcube, Investing.com and MoneytransFers.com.

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