Solana Hits Resistance At $179.38

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    Christian Harris
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      Solana’s price declined 2.12% on Wednesday, October 30th, closing at $174.57. It fluctuated within a range of $173.11 to $181.20 during the day.

      The cryptocurrency has risen in seven of the past 10 trading days, resulting in an 8.94% increase over the last two weeks.

      While trading volume decreased on Wednesday, this is generally considered a positive sign as volume should align with price movements. A total of 4 billion Solana tokens were traded for approximately $638.15 billion.

      Solana is currently in a strong, upward trend. However, the recent price increase may present a short-term selling opportunity for traders, as a potential pullback to the lower end of the trend is likely.

      A break above $179.38 resistance would signal stronger upward momentum.

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