Solana Is Also On The List: Analyst Announces 4 Altcoins With Entry Opportunity!

After sales of up to $19,000 in Bitcoin, the cryptocurrency market is recovering on October 22. Currently, the market price (TOTAL) is slowly growing closer to $877. Analyst Brian Bollinger maps Solana and the next 4 altcoin price levels confirming reinforcement levels in recent sales.

The critical pillar to watch on the Solana chart: $26

Solana is trading inside a descending triangle formation amid continued selling. It showed a bearish divergence from the $29.5-30.1 neckline reinforcement in this pattern. The completion of the bearish formation increased the selling pressure. This caused the SOL price to drop for four days.

After the meltdown, the altcoin lost 7.3% to its current level of $27.3. However, if sales continue, it is poised to test the 2022 low of $26. As a result, it will be critical to watch the $26 region before taking a position again. The SOL is currently in process quickly above this level.

Axie Infinity (AXS)

Increasing volume movement often reinforces the downtrend. This shows sellers’ belief in obtaining lower prices. AXS price is currently trying to recover after falling 5%. However, the primary objective of the bulls waiting for the rally will be the $9 resistance. Koindeks.comAs you follow, the $215 million AXS token will be unlocked on October 25.

Uniswap (UNI)

Uniswap is now trading at $6.01 after recovering half of its intraday losses. The $6 to $5.75 range is a critical reinforcement for UNI traders to maintain the upside head and shoulders pattern. The renewed positive momentum will help investors push the altcoin 15% higher to reach $17 if prices stay above these levels.

Polygon (MATIC)

MATIC price made a valuable break from the bi-monthly resistance trendline on October 17. However, the market sell-off sent the altcoin back into the testing tier where it will be examined whether the price can hold itself above the trendline.

MATIC is currently trading above $0.8. The long-tailed rejection of the daily candle indicates that the buyers are striving along the trendline. A daily candle that closes above the trendline will offer additional confirmation for the price to continue before it recovers.

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