In recent years, Solana (SOL) has had ups and downs, including network downtimes and more recently, setbacks due to the SEC classifying SOL as a security.
On the other hand, Tradecurve is building a hybrid platform that would revolutionize trading forever, thanks to its game-changing features.
Revolut, a well-known UK-based fintech app offering various services like banking and crypto trading, is set to remove Solana (SOL) from its US trading platform by September 18th. However, despite this decision, Solana has shown a strong start in July, rebounding from its lows in June 2023. For instance, Solana has surged by 50% from its June 2023 lows, where it had dropped as low as $13.
By press time, Solana's price has dropped by 1.12% in the last 24 hours to $19.21. However, the token price is still over 10% higher than it's intraday low 7 days ago. Solana has been trading between the 20-day EMA at $17.61 and the downtrend line for the past three days. Although the token has crossed the 50-day simple moving average (SMA) at $18.80, it is still trading below the 200-day SMA at $20.09.
At present, its 14-day RSI stands at 76.62, indicating a potential price increase. In such a scenario, the SOL/USDT pair could rally toward $22 and then target $24. However, if the price drops and falls below the 20-day EMA, it would indicate persistent negative sentiment and traders selling during price rallies. This could lead to a decline in the pair towards the support zone of $16.18 to $15.28.
Tradecurve (TCRV) is an innovative trading platform that will revolutionize the trading landscape by combining the strengths of centralized and decentralized exchanges. The platform has launched as a cutting-edge trading platform that offers high-leverage rapid execution trading and ensures trader anonymity worldwide.
Below are some of the game-changing features that have attracted investors to Tradecurve:
Solana (SOL) is on its way to recovery but has major obstacles to cross. On the other hand, Tradecurve is just approaching the apex of its capability, leaving room for great price surges.
At present, TCRV is in the fourth stage of its token presale and is available for purchase at only $0.018.
Click Here To Buy TCRV Presale Tokens
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