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The bears can take advantage of this momentum to pull the SOL price above the $38 threshold. Bulls need to be supported by 38 pieces to maintain control. It indicates that a downtrend after successfully breaking $38 may change in a short time. This could possibly lead to the appearance of consolidation. If the price rises to $48, SOL may test the resistance of $59 in the expected week.
ARB price is having difficulty passing the immediate resistance at 1.08, but the bulls hold their ground. They aim to break above the 23.6 percent Fib, and if they are successful, we see a climb towards the $1.2 and potentially 1.36 target. The bullish loss is supported by the rise of the 20-day EMA and the overbought RSI.
#ContentStar #NewYear2024 #2023 Gate.io 年度账单 #GateioBountyCreator # Will SOL lead the altseason in the circle?