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Solana Price Bounces Off Critical Support Level — Is $2,000 Possible?

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Solana Price Bounces Off Critical Support Level — Is $2,000 Possible? - NewsBTC

Quick Summary:

The token’s price often persists within the ascending channel, with the upper trendline often serving as resistance and the lower boundary line serving as a support zone.

Related Reading: Cardano Price Surge To $1.7: Here Are The Factors To Drive The Recovery As observed in the chart, the Solana price appears to be persisting in an ascending channel on the one-hour timeframe.

The Solana price has persisted within this channel since 2022, finding cushion at the lower boundary line numerous times.

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Solana Price Bounces Off Critical Support Level — Is $2,000 Possible? - NewsBTC (Picture 1)

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-19 @ 16:00:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27998906

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://mussorgski.beamstart.com/news/solana-price-bounces-off-critical-17450792504968

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