SOL/USD Clinching to Minimal Profits, May Move Further Upwards

Solana has only been able to move a bit upward from near $12 support to a roughly $14 price level. Although buying stands as the most prevalent move in this market, but it has low momentum. Let’s move in for a closer for a better look.

SOL Forecast Statistics Data:
Solana’s current price: is $14.34
Solana market cap: $5.18 billion
SOL circulating supply: 363.03 million
Solana total supply: 534.63 million
SOL Coinmarketcap ranking: #14

Crucial Price Levels:
Top: $14.34, $15.00, $16.00
Botom: $14.00, $13.00, $12.00

Solana Price Prediction Today, November 28, 2022: SOL/USD Strength May Be Building Up

Lack of strength is clearly expressed on the SOL/USD 24- hour market. With this development, Solana’s price has been able to move further a bit from the $14.00 price mark to $14.34. Meanwhile, technical indicators are kind of shaping to indicate an impending significant price movement. This can be seen as the Bollinger band is beginning to contract. In addition, the MACD lines have given an upside crossover below the equilibrium point, and its lines are now moving upwards towards the 0.00 level. Consequently, traders in this market can prepare for an upside price move, by placing a buy order at the $15 mark, as the price may move past this level.

Solana Price Prediction Today, November 28, 2022: SOL/BTC Upside Strength Be Building Up

Meanwhile, the SOL/BTC market price action is portraying a similar movement as the SOL/USD, however in a more significant fashion. The latest price candle here is a bullish one and it has pushed the price to touch the MA line of the Bollinger band. The MACD as well as delivered an upside crossover here too, with its line moving more steeply upwards. The activities in this market too continue to point to an upcoming price movement that might be significant. With these market signs, price action in this market may soon break the 0.0010819 level.

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