Whales Hold Record-Breaking Levels of SOL
Sorana (solid) In the past 24 hours, prices have risen less than 1 %, but have risen 21 % in the past 30 days, and the market value has reached $ 115 billion. With the recent merger, the trend of SOL is still uncertain, as its DMI and EMA indicators reflect.
Whale activity has also increased, and the address has at least 10,000 solitary omitage near the record level, which shows the continuous interest of major investors. The level of key support and resistance will determine whether SOL can restore the upward trend in the next few days or face further decline.
Solana DMI indicates that the trend is still unclear
Sorana The direction movement index (DMI) shows that its ADX is currently 19.7, fluctuating between 20 and 23 in the past three days. The average direction index (ADX) can measure the strength of the trend, no matter what its direction.
Generally, the ADX value below 20 represents a trend of weakness or excellence, and the value higher than 25 represents a stronger and clearer trend.
The+DI, which represents the pressure of bullish pressure, has been raised from 13.6 a day ago to 19.5, indicating that the purchase momentum has increased. At the same time, the-DI, which reflects the pressure of the drop, has dropped significantly from 35.8 to 22.4, which indicates that the sales momentum has weakened.
Its ADX is 19.7, solid It seems to be recovering from the downward trend, but this trend is still weak and uncertain. +DI and-DI more decisive movements, plus 25 or above ADX, will provide clearer signals for the next direction of SOL.
Solana Whale number decreases from ATH
quantity solid Whale-holding a address of at least 10,000 rod-from 5,054 on January 17 to 5,167 on January 25.
Although it has dropped slightly to 5,145, it is still close to the level of record, reflecting the continuous interest of large holders.
Tracking whale activities is very important because these investors usually affect price changes. The nearly recorded SOL whale number indicates that the main holder has strong confidence, which can provide you with support Sol priceEssence
Although the counting has decreased slightly from the peak value, the level of elevation indicates the continuous accumulation, which is the potential bullish signal of the long -term prospects of the tokens.
SOL price forecast: Will Solana restore its upward trend?
SOL’s EMA cable indicates that the current trend is still uncertain.
In recent days, Sorana price Support has been retained in areas of $ 229. This level is solidHelp it avoid further decline in the current.
If SOL can re -get up, it may increase the test resistance at a price of $ 271, and breaks this level to climb to $ 295, or even more than $ 300 for the first time.
However, if the support of $ 229 is re -tested and lost, Sol price Since January 15, it has fallen below US $ 200 for the first time, and it may drop to $ 211, and then reduced to $ 191.
Exempt statement
and Trust project Guide, this price analysis article is only used for information purposes and should not be regarded as financial or investment proposals. Beincrypto is committed to accurate and fair reports, but market conditions may change without notice. Before making any financial decisions, be sure to conduct your own research and consult professionals. Please note, our terms and Conditions,,,,, Privacyand Exempt statement Updated.