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MainNewsINJ, SOL and...

INJ, SOL and RAD Are 3 Cryptos That Display Breakout Potential


Oct, 01, 2023
1 min read
by CoinEdition
INJ SOL RAD Breakout Potential
  • Solana (SOL), Radicle (RAD) and Injective (INJ) may breakout towards the upside soon.
  • SOL and INJ rebounded off of key support levels throughout the past 2 weeks.
  • Meanwhile, RAD may be attempting to escape a 2-week long consolidation phase.

Solana (SOL), Injective (INJ) and Radicle (RAD) may soon see their prices enter into a strong move towards the upside. Over the past 2 weeks, INJ and SOL were able to rebound from key support levels. Meanwhile, RAD may soon escape a consolidation channel that it had been trading in throughout the past 2 weeks.

Solana (SOL)

SOL rebounded off a long-term positive trend line on its chart over the past 2 weeks. Subsequently, the altcoin’s price was attempting to overcome a major resistance level at press time.

Daily chart for SOL/USDT (Source: TradingView)

On 12 September 2023, SOL’s price rebounded off of a positive trend line that had been established on its daily chart since June of this year. Since then, the cryptocurrency’s price was able to overcome the $19.35 barrier – flipping the level into support as well. This gave SOL the foundation needed to attempt a challenge at the $22.20 resistance level at press…

The post INJ, SOL and RAD Are 3 Cryptos That Display Breakout Potential appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsINJ, SOL and...

INJ, SOL and RAD Are 3 Cryptos That Display Breakout Potential


Oct, 01, 2023
1 min read
by CoinEdition
INJ SOL RAD Breakout Potential
  • Solana (SOL), Radicle (RAD) and Injective (INJ) may breakout towards the upside soon.
  • SOL and INJ rebounded off of key support levels throughout the past 2 weeks.
  • Meanwhile, RAD may be attempting to escape a 2-week long consolidation phase.

Solana (SOL), Injective (INJ) and Radicle (RAD) may soon see their prices enter into a strong move towards the upside. Over the past 2 weeks, INJ and SOL were able to rebound from key support levels. Meanwhile, RAD may soon escape a consolidation channel that it had been trading in throughout the past 2 weeks.

Solana (SOL)

SOL rebounded off a long-term positive trend line on its chart over the past 2 weeks. Subsequently, the altcoin’s price was attempting to overcome a major resistance level at press time.

Daily chart for SOL/USDT (Source: TradingView)

On 12 September 2023, SOL’s price rebounded off of a positive trend line that had been established on its daily chart since June of this year. Since then, the cryptocurrency’s price was able to overcome the $19.35 barrier – flipping the level into support as well. This gave SOL the foundation needed to attempt a challenge at the $22.20 resistance level at press…

The post INJ, SOL and RAD Are 3 Cryptos That Display Breakout Potential appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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