Powerledger integrates with Solana mainnet ecosystem
Powerledger's Expansion: Australian energy tech company Powerledger is expanding into the Solana ecosystem, emphasizing shared values of innovation, sustainability, and transparency in line with the growing interest in Regenerative Finance (ReFi).
Integration and Future Plans: Powerledger will cease its own Solana Virtual Machine blockchain to integrate its products with the Solana Mainnet, allowing its POWR token to operate as both a native SPL token and an ERC-20 token, while enhancing clean energy narratives within the blockchain space.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL). As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 35.579 | 51.54 | 67.749 | 83.71 | 99.919 | 115.88 | 132.089 |
| Fibonacci | 51.54 | 63.829 | 71.421 | 83.71 | 95.999 | 103.591 | 115.88 |
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