• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Solana and Cardano: Solana is waiting for a new impulse

by July 18, 2024
written by July 18, 2024

Solana and Cardano: Solana is waiting for a new impulse

The price of Solana made a pullback yesterday to the $154.50 level.
Cardano’s price continues today with sideways movement in the 0.430-0.455 range. 

Solana chart analysis

The price of Solana made a pullback yesterday to the $154.50 level. After that, we saw consolidation in that zone. Then, the price starts this morning’s bullish consolidation up to $160.00. It receives support from the EMA 50 moving average and has the opportunity to start a continuation to the bullish side. Above $160.00, the bullish momentum is increasing, and we can hope to climb to higher levels. Potential higher targets are $162.00 and $164.00 levels.

For a bearish option, we need to see a pullback down to the $154.00 level. Thus, Solana’s price will fall below the daily open price. After that, we can expect an increase in bearish pressure and the formation of a new lower low. Potential lower targets are the $152.00 and $150.00 levels. The EMA 200 moving average provides additional price support in the $150.00 zone.

 

Cardano chart analysis

Cardano’s price continues today with sideways movement in the 0.430-0.455 range. Today’s bullish attempt was stopped at the 0.450 level. After the resistance at that level, we see a price pullback to the 0.440 level. Here, we test the EMA 50 moving average. If the price manages to hold above the moving average, it will be able to initiate a new positive consolidation.

Potential higher targets are 0.455 and 0.460 levels. For a bearish option, we need a negative consolidation and a pullback of the Cardano price down to the 0.435 support level. If we happen to see an impulse below, we will form a new daily low and thus confirm the price’s weakness. At 0.432, Cardano could find support at the weekly open price. With the increase in bearish momentum, the price should initiate a further pullback. Potential lower targets are 0.430 and 0.425 levels.

 

The post Solana and Cardano: Solana is waiting for a new impulse appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Republican Kevin Hern profits from UNH stock while overseeing Medicare policy
next post
Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Working ‘in tandem’: Republicans prep to make Trump executive orders permanent

    January 22, 2025
  • Long CUBE: CubeSmart Set to Report Earnings August 1st, Breakout Signals Targeting $50

    July 30, 2024
  • Moscow returns body of Ukrainian journalist killed in Russian captivity bearing signs of significant torture

    April 30, 2025
  • CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

    April 15, 2025
  • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

    June 4, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,057)
  • Investing (634)
  • Stock (926)

Latest Posts

  • Michael Moore’s stark warning to Democrats on election momentum: ‘It’s ours to blow’

    August 18, 2024
  • Former Trump HHS official tapped to be RFK Jr’s chief of staff: report

    January 15, 2025
  • Democrat congresswoman draws boos over ‘shameful’ sexism remark in committee hearing with Treasury Secretary

    June 12, 2025

Recent Posts

  • SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

    November 22, 2024
  • World leaders react to Trump’s sweeping tariffs: ‘tumultuous times’ ahead

    April 3, 2025
  • Kroger chairman and CEO resigns following investigation into personal conduct

    March 3, 2025

Editor’s Pick

  • UN halts humanitarian work in Yemen’s Houthi stronghold after staff detentions

    February 12, 2025
  • ‘Make Greenland Great Again’: Trump’s House GOP allies unveil bill to authorize country’s purchase

    January 13, 2025
  • Secretary of State Rubio confirms becoming acting USAID chief

    February 3, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock