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Ledger Nano X - The secure hardware wallet
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Is Solana (SOL) Heading the Right Direction Friday?

19 May 2023
in Solano
Reading Time: 1 mins read
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Is Solana (SOL) Heading the Right Direction Friday?
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InvestorsObserver gives Solana a strong long-term technical score of 72 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.

SOL at this time has a superior long-term technical analysis score than 72% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover coins that have bottomed out.

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InvestorsObserver is giving Solana a 72 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Solana!

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