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

Solana and Cardano: Solana is driving bullish momentum again

by August 14, 2024
written by August 14, 2024

Solana and Cardano: Solana is driving bullish momentum again

We saw new support for the Solana price this morning at the $144.00 level. 
Cardano’s price may soon rise above the EMA 200 moving average and the 0.345 level.

Solana chart analysis

We saw new support for the Solana price this morning at the $144.00 level. After that, the price started a bullish consolidation that is ongoing. Solana is currently at $148.05 and is forming a daily high here. We expect to see a further bullish surge and continuation to the bullish side. With the return to $150.00, we encounter the EMA 200 moving average, and we could expect some resistance there. With the impulse above Solana, it goes to a new high.

Potential higher targets are the $152.00 and $154.00 levels. For a bearish option, the price of Solana would have to pull back to the $144.00 support level. This time, we could see a break below to a new daily low, which gives us support that the price is under stronger bearish pressure. Potential lower targets are the $142.00 and $140.00 levels.  

 

Cardano chart analysis

Cardano’s price may soon rise above the EMA 200 moving average and the 0.345 level. We are in a stable bullish consolidation and expect to see a new impulse above the EMA 200. This step will strengthen the bullish momentum, and Cardano should continue its recovery. Potential higher targets are the 0.350 and 0.355 levels.

For a bearish option, Cardano’s price would have to first pull back to 0.335. There, it would form a new daily low and show its weakness. The inability to move above the EMA 200 will strengthen the bearish momentum and cause Cardano to continue on the bearish side. Potential lower targets are the 0.330 and 0.325 levels. Down below, we expect testing and weekly open prices that could determine Cardano’s future fate.

 

The post Solana and Cardano: Solana is driving bullish momentum again appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
ApeCoin and Akita Inu: ApeCoin drops to support again
next post
STLA Stock: Price Forecast and 12-Month Price Target

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

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

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

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

  • With 3 days until voting starts, ‘election season’ kicks off sooner than you think

    September 3, 2024
  • UAW union endorses Vice President Kamala Harris over Trump

    August 1, 2024
  • Bitcoin price continues to pull back on Monday

    September 2, 2024
  • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

    June 14, 2025
  • YouTube will stream NFL Week 1 game in Brazil for free

    May 15, 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 (6,299)
  • Investing (634)
  • Stock (936)

Latest Posts

  • Long FRA40: bounces from strong 7,000 Support, signals potential upward momentum ahead

    August 8, 2024
  • Schumer forces name change for ‘big, beautiful bill’ moments before it passes

    July 1, 2025
  • Trump zeroes in on national security at first outdoor rally since assassination attempt: ‘World is on fire’

    August 21, 2024

Recent Posts

  • ‘Held accountable’: Sen. Rand Paul again vows to issue a criminal referral for Fauci

    July 14, 2025
  • European stocks wrap volatile week mixed: FTSE 100 inches higher, DAX dips

    April 11, 2025
  • Caroline Ellison, former FTX exec, sentenced to 2 years in prison

    September 25, 2024

Editor’s Pick

  • Dem, GOP insiders both see major opportunity after Biden’s first solo presser in months

    July 13, 2024
  • Tillis’ retirement announcement draws reactions from Trump critic Jeff Flake, Bernie Sanders: ‘A cult’

    June 29, 2025
  • US inflation cools to 2.4% in March as jobless claims rise, easing market jitters

    April 11, 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