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Cryptocurrency News Articles

ETFSwap (ETFS) Set to Make a Promising Move

Aug 06, 2024 at 06:01 am

ETFSwap (ETFS) is now the people's favorite, as its tokenized ETF solution offers a high-liquid hybrid financial institution to all traders and investors alike.

ETFSwap (ETFS) Set to Make a Promising Move

Solana price support news: Among the top cryptocurrencies, Solana has outperformed Bitcoin (BTC) and Ethereum (ETH) to appreciate about 12% in the past week — now trading at around $180 as of press time on Monday, December 4.

With Solana threatening its key price support level of $135, the native token is tipped to hit new highs with rising expectations for spot Solana ETFs.

Over the past week, Solana closed with a prominent green candle to break out of the $135 price level, thereby rallying it to a three-month high above $180.

Moreover, Solana’s DeFi TVL recently crossed $4.7 billion, as major whales pump liquidity into its ecosystem protocols. Though Solana dipped slightly in the early days of this week to accumulate around the $175 price level, the overall weekly trend remains bullish.

Consequently, technical analysis shows that Solana is heading for a significant resistance level of $202. Traders and investors are advised to watch these resistance and support levels.

Solana price support news: Among the top cryptocurrencies, Solana has outperformed Bitcoin (BTC) and Ethereum (ETH) to appreciate about 12% in the past week — now trading at around $180 as of press time on Monday, December 4.

With Solana threatening its key price support level of $135, the native token is tipped to hit new highs with rising expectations for spot Solana ETFs.

Over the past week, Solana closed with a prominent green candle to break out of the $135 price level, thereby rallying it to a three-month high above $180.

Moreover, Solana’s DeFi TVL recently crossed $4.7 billion, as major whales pump liquidity into its ecosystem protocols. Though Solana dipped slightly in the early days of this week to accumulate around the $175 price level, the overall weekly trend remains bullish.

Consequently, technical analysis shows that Solana is heading for a significant resistance level of $202. Traders and investors are advised to watch these resistance and support levels.

The post Solana Threatens Key Support Levels, While ETFSwap (ETFS) and Litecoin (LTC) Power Efficient DeFi Innovations appeared first on DailyCoin.

Original source:dailycoin

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