Solana to attract more liquidity and sharp upswing

[Sophie Robert]

One of the top analysts, Altcoin Sherpa, frames the next move of the popular altcoins and believes that these tokens are at the foothills of a massive explosion. The analyst believes the price has reached crucial levels and hence may face an interim pullback. However, the drop is expected to attract more liquidity that may ignite a fine upswing thereafter.

“ SOL: Interesting level here; not a buyer. S/R horizontal resistance area +200d EMA, I’m expecting a short pullback to the EMA cluster around $22. This is a buy the dip situation though IMO,”

News source coinpedia covered the news that - In an effort to revitalise the ecosystem, which has seen a fall in on-chain activity this year, Solana announced the launch date of its Web3 mobile device Sagam.