SOL, which ranks fifth behind the leading cryptocurrency, Bitcoin, with a size of $83 billion, experienced a retreat due to the sales pressure after rising to $210 last week. SOL, which started the week at $201, tested the highest level of $210 and then closed the week at $183 with a decrease of 8.91%. Unable to stay above the $197 resistance, SOL buys above a lower support level at $174.
Solano Chart Analysis
SOL, which started the past week well, broke through the $ 197 resistance and rose to $ 210. SOL, which fell to 162 dollars due to the selling pressure from this region, closed the week at 183 dollars with the buying movement on Sunday. When we examine the chart, the support levels for SOL, above the EMA5 support level, can be followed at $174 and EMA5 at $169. In case of possible upward movements, $ 197 and $ 216 levels can be observed.
AVAX WEEKLY TECHNICAL ANALYSIS: AVAX IS AT CRITICAL RESISTANCE
AVAX, which ranks tenth behind Bitcoin with a market value of 21 billion dollars, has reached another critical resistance. AVAX, which rose above the 60.30 resistance and reached $65.39 last week, could not stay at this level and closed again at $55.68, below the $60.30 level. Closing the week with a 4.74% retreat, AVAX started the new week with a 1.93% rise and is currently trading at $187.42.
AVAX Chart Analysis
Unable to break above the $60.30 resistance, AVAX started the new week with an increase of nearly 2% and continues to trade above $56. AVAX, whose resistance level we will follow this week is $60.30, may experience a rapid rise up to $76 if it rises above this resistance level. In case of selling pressure, the EMA5 horizontal support levels of $51.72 and $50.55 are the support zones we will follow.
The investment information, comments, and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy services are offered individually, taking into account people’s risk and return preferences. The content, comments, and recommendations herein are general and not guiding. These recommendations may not suit your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information herein may not produce results that meet your expectations.
Traversing Unprecedented Achievements: Furrever Token’s Journey Towards a 15-Fold Surge
Furrever Token (FURR) has rapidly emerged as a standout figure within the cryptocurrency realm, demonstrating remarkable resilience amidst the ever-evolving market landscape during its presale stages. With the successful conclusion of its third presale round and the ongoing fourth round, the swift progression underscores investors’ unwavering confidence in its potential for significant growth and profitability. Advancing into Stage 4 of the presale, with Stage 5 looming ahead, each transition brings about a notable surge in price, presenting investors with increasingly enticing returns on their investments. This swift upward trajectory positions FURR as an increasingly appealing prospect, offering promising gains leading up to its official launch.
In addition to its impressive pricing dynamics, the project has garnered over $450,000, reflecting robust belief and enthusiasm among investors regarding its overarching vision and long-term sustainability. Positioned as a prominent token within the Binance Smart Chain (BSC) ecosystem, following in the footsteps of Pepe, Furrever Token sets itself apart through its unique attributes and unwavering commitment to transparency. The FURR team remains steadfast in its efforts to cultivate trust and credibility through a clearly outlined development roadmap, consistent community updates, and active engagement with its audience. This steadfast dedication to transparency deeply resonates with investors seeking secure opportunities amidst the volatile cryptocurrency landscape.
As Stage 5, marking the halfway point of its presale stages is poised to commence in the upcoming days, Furrever Token continues to make significant progress within a remarkably short timeframe. In conclusion, Furrever Token’s exceptional performance during the presale phase, coupled with its promising returns, distinctive features, and transparent operations, firmly establishes it as a highly sought-after investment opportunity within the cryptocurrency community.
Discover the Most Exclusive Presale Opportunity of 2024 Now:
Furrever Token Official Website | Visit Furrever Token Presale
Join Official Telegram Group | Follow Official X Account
The post Analyzing the Dynamics: Solana (SOL), Avalanche (AVAX), and Furrever Token Crypto Trends appeared first on Crypto News Land.
Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0
CFN Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed