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SOL and DOGE Price Analysis for January 2

1 Mins read

Bulls are back in the game, according to CoinStats.

Top coins by CoinStats

SOL/USD

Solana (SOL) is the biggest gainer among the top 10 coins, rocketing by 7.76%.

Image by TradingView

Despite today’s sharp rise, the price of SOL is trading in the middle of the channel, and one should focus on the daily closure.

If it happens near $118, the accumulated energy might be enough for a move to $125. In another case, sideways trading between $105 and $115 is likely to continue.

SOL is trading at $113 at press time.

DOGE/USD

The price of DOGE has risen by 2.24% over the last day.

Image by TradingView

Today’s rise has not affected the technical position of DOGE on the daily time frame. If the bar closes with a long wick, bulls have low chances to seize the initiative again. In this regard, traders may witness a correction to the $0.09 area.

DOGE is trading at $0.09219 at press time.

Source

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Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
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