SOL dropped down into $80s, it seems that it is going to form a pullback into $120s resistance level.
should SOL be able to break the resistance level of ahead, then it might move upward, otherwise, it might drop down into $20s, since there is not any such a strong support zone in weekly timeframe in order to support it from crashing down.
Just like almost other cryptocurrencies, the strength of SOL pullback relay on BTC's, hence, what so ever happen to BTC strongly will affect SOL as well..
This is a personal idea, and I am not a financial adviser
should SOL be able to break the resistance level of ahead, then it might move upward, otherwise, it might drop down into $20s, since there is not any such a strong support zone in weekly timeframe in order to support it from crashing down.
Just like almost other cryptocurrencies, the strength of SOL pullback relay on BTC's, hence, what so ever happen to BTC strongly will affect SOL as well..
This is a personal idea, and I am not a financial adviser
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.