Solana Rebound from the key psychological support target price 120$ before next FED meeting.

The Price of solana has been surge nearly 15% today as Bitcoin and Stocks rebound before the Nvidia report release. At time of writing this the SOL is now trading near 90$. If the Iran and USA deal finalize tomorrow we might see a drastic into the crypto market and the price of might breakout $100 again.

However a negative news will bring strong negative impact on all the financial market.

The Relative Strength Index RSI of solana raised from 30 to 48 today comes out from the oversold territory towards the level of neutral aiming upward indicating that the momentum is being shift from Bearish to bullish.

While Moving Average Convergence Divergence MACD is already showing bullish indications in SOL.

This is not a financial advice its just my point of view don’t forget to do your own research.

SOL-3.28%
BTC-1.98%
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