Solana MACD Curling Up – Is This The Prelude To A Breakout?

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Solana MACD Curling Up – Is This The Prelude To A Breakout? - NewsBTC

Quick Summary:

Momentum Builds For A Possible Solana Breakout In a recent X post, market analyst Willjayducks drew attention to a significant bearish divergence that unfolded on the Solana weekly chart.

Despite recent bullish signals and technical improvements, he cautioned that the current momentum might not be strong enough to sustain a full reversal. Related Reading: Solana Short-Term Indicator Signals Potential Risk – Reversal Or Pause?

According to his analysis, if SOL can gather enough strength and sustain its current upward momentum, the MACD line could eventually cross above the zero line, a more definitive bullish signal that typically confirms a shift in trend.