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

21 August 2023
in Solano
Reading Time: 1 mins read
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Is Solana (SOL) Heading the Right Direction Monday?
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Solana receives an average long-term technical score of 60 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

Currently, SOL holds a superior long-term technical analysis score than 60% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

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InvestorsObserver is giving Solana a 60 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Solana!

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