In the fast-moving crypto world, one altcoin made particularly high waves last week: Solana. Within the top 100 cryptocurrencies by market cap, the SOL price recorded the second highest price increase within the last seven days with 8.5%. And the unexpected surge in price for many has catapulted the SOL token to arguably the most crucial resistance at the moment: the 200-day exponential moving average (EMA). Looking at the 1-day chart, the Solana share price was able to break above the 38.2% Fibonacci retracement level at $19.71, as predicted in our last chart analysis, and subsequently crossed the psychologically important
Solana is rising above the $20 resistance against the US Dollar. SOL price might continue to rise steadily toward the $22 zone in the near term. SOL price is showing positive signs above the $19.50 level against the US Dollar. The price is now trading above $20 and the 100…
Solana is attempting a fresh increase above the $25 resistance against the US Dollar. SOL price might continue to rise steadily toward the $30 zone in the near term. SOL price is showing positive signs above the $24 level against the US Dollar. The price is now trading near $25…
Solana gained bearish momentum and traded below $20 against the US Dollar. SOL price might now struggle to recover above the $20 and $21 resistance levels. SOL price is showing bearish signs below the $20.50 resistance against the US Dollar. The price is now trading below $19.80 and the 100…