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Here’s Whe...
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Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data

  • Glassnode has revealed the Solana price levels that could be important to watch, based on on-chain accumulation data.
  • The UTXO Realized Price Distribution (URPD) of Solana shows price levels like $144 stood out in terms of the amount of supply that they hosted.
  • If Solana continues its downtrend, it may rely on the $112 level, which has grown to 9.7 million tokens.
  • Support levels of $94, $97, and $100 collectively hold nearly 21M SOL, and if these fail, there aren't any major supply clusters until $53.

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