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March 18, 2025

Technical Analysis: Solana’s Price Overshadowed by Market Sentiment

The cryptocurrency landscape is buzzing with news as Solana gains attention due to its recent inclusion in the strategic cryptocurrency reserve announced by Donald Trump. Additionally, CME Group’s introduction of SOL futures indicates increasing institutional interest. However, technical indicators like the MACD and RSI show resistance patterns that signal potential hurdles in Solana’s price recovery. Investors need to assess these factors critically as market sentiment evolves around Solana’s future.

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