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Sandbox, Solana & Cardano — Asian Wrap 17 Jan

cryptonews100_tggfrn by cryptonews100_tggfrn
January 17, 2022
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Solana price hints $400 is imminent as institutions dump ETH for SOL
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Sandbox worth units up a platform for consumers to spark a bull rally. Apparently, an important help stage is current to facilitate the origins of such an outlook for SAND. Sandbox worth left a requirement zone, stretching from $4.21 to $4.77 because it surged almost 23% between January 10 and January 12. 

 

Solana worth has recovered above the $115.5 to $144.7 demand zone, signaling a bullish outlook. SOL consolidates above this space in preparation for a 15% rise to $174.3. A four-hour candlestick shut beneath the $115.5 barrier will create a decrease low, invalidating the bullish thesis.

 

Cardano worth has seen a 26% ascent to $1.35 between January 10 and January 13. As ADA retests the $1.35 barrier for the fourth time, there could possibly be a breakout, triggering one other leg-up. A breakdown of the weekly help stage at $1.20 may dent the bullish thesis.



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