Price / Performance Summary
Price	$37,147
High	$37,230
Low	$31,470
7 Day	3,1%
30 Day	-20,2%
3 Month	197,4%
6 Month	1776,1%
9 Month	788,7%
12 Month	6239,1%

Simple Moving Averages (d)
	Value	Action
10-d	31,843	BUY
20-d	35,868	HOLD
30-d	38,552	BUY
50-d	38,552	BUY
(6,21)-d	(31,843-36,156)	HOLD
(50,200)-d	(38,647 - 15,934)	HOLD
Exponential Moving Averages
10-d	33,370	BUY
20-d	34,718	BUY
30-d	35,485	BUY
50-d	38,456	STRONG BUY
Simple - Exponential Moving Averages Pairing
25-d	(35,581 - 37,402)	HOLD

Oscillators (d)
	Value	Action
RSI (14)	51,22	HOLD
MACD (12,26)	(-1,947 -2,152)	STRONG BUY
CCI(14)	1,62	HOLD
Bollinger Bands	N/A	STRONG BUY
Chande Momentum Oscillator	25,22	HOLD
DEMA(20,50)	(32,035 - 39,318)	HOLD
Stokastik Oscillator (14,3,3)	(62,21-44,97)	HOLD
Williams %R	-36,02	HOLD
Chaikin Osilatörü	3,156M	BUY
Detrended Price Osilatörü	-5,26	HOLD
Volume-Demand Oscillators (d)
Demand Index	0,23	BUY
Money Flow Index	45,79	HOLD

 

I. Trend Analysis

The main direction of the uptrend, which started at the beginning of 2021 and is expressed in orange, continues. The second trend is the uptrend shown by the yellow line. This trend has also received support at 3 points. The third trend is represented by a blue line. It is certain that this trend will break down. Trend analysis shows that the long-term healthy growth is currently supported by these three trends.

II. Support & Resistance Points & Fibonacci Retreament

Chart 2- Support & Resistance & Fibonacci Retreament

Let’s talk about 5 main support and 5 main resistance points. Below are the main support and resistance points.

 

MAIN RESISTENCES			MAIN SUPPORTS
5.Fib Resistence	$57,719		1.Fib Support	$35,293
4.Fib Resistence	$49,189		2.Fib Support	$29,831
3.Main Resistence	$47,368		3.Main Support	$28,681
2.Fib Resistence	$45,835		4.Main Support	$24,943
1.Main Resistance	$40,660		5.Fib Support	$22,068

 

III. Formation Analysis

Chart 3-Formation Analysis

Inverted bowl formation has been formed, in this formation we expect the price to react downwards as long as the formation length.

IV. Fear & Greed Analysis

Chart 4-Fear & Greed Analysis

This index scored 24 out of 100 for SOL, which shows us that there is still a serious fear in the market.

Source: https://alternative.me/crypto/fear-and-greed-index/

V. News Perspective

Here are the headlines of the most recent news for SOL:

• NFT Marketplace Metaplex to Launch on Solana,
• Shopify for NFTs' Launches on Solana Blockchain
• Solana is the latest blockchain to stand up an NFT offering. Its MetaPlex marketplace tool offers creatives low-cost and flexibility.
• Solana’s blockchain project will receive an additional boost from a newly-launched $20 million fund coming from the Solana Foundation and ROK Capital.

 

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