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Cryptopolitan 2021-08-19 06:11:18

Solana Price Analysis: SOL/USD continues topping the charts posting record daily rallies above 10 percent

TL;DR Breakdown Solana price analysis is bullish todaySOL/USD traded within a daily range of $68 – $75.90Solana’s daily trading volume is 16.78 percent up from yesterday’s figure Solana Price Analysis: General price overview Solana price analysis is bullish today after buyers began rejecting further lower correction following a gradual movement to the $76 mark overnight. Hence, SOL/USD is likely to set another higher low in the coming hours and prepares to move higher from there. The cryptocurrency market has been trading in the bearish zone for the last 2 days. The majority of the coins lost momentum over the last 24 hours. Market leaders Bitcoin and Ethereum shed 1.79 and 2.02 percent, respectively. However, Solana, Dogecoin, and Cardano gained 11.00 percent, 1.00 percent, and 6.95 percent respectively. Thereby making Solana the hottest gainer of the day. Solana price movement in the last 24 hours: SOL/USD rapidly dashes above $73 SOL/USD traded within a daily range of $68 – $75.90, therefore suggesting a substantial amount of volatility over the last 24 hours. Solana’s daily trading volume is 16.78 percent up from yesterday’s figure and totals $4.3 billion. On the other hand, the coin’s market capitalization is approximately $20.3 billion after increasing by 7.4 percent in the last 24 hours.  SOL/USD 4-hour chart:  Solana is preparing for rapid price rally to break out the $100 target Solana price ana...

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