Golden Cross Looms as Solana Nears $200—Is a 50% Rally Incoming? 🚀
Solana's recent uptrend brings it close to the $200 mark, but it still faces key resistance. The upcoming Golden Cross could indicate a significant price shift.
The MVRV ratio stands at 1.3, suggesting room for growth without overbought risks. Investors find reassurance in this sustainable indicator.
The 50-day EMA crossing above the 200-day EMA marks a bullish Golden Cross signal, potentially leading to prolonged gains.
However, Solana faces resistance at $178, needing to turn it into support to surpass $201. A broader market downturn could push it back to $148, risking the current uptrend.
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