Can Solana Hit $160? SOL’s Resilience Sparks Rally Optimism

Can Solana Hit $160? SOL’s Resilience Sparks Rally Optimism

Currently, the price of Solana has been showing resilience amid market volatility. This recent performance of SOL has raised rally optimism among market participants as to whether the digital asset’s price could potentially reach the $160 mark in the upcoming days. Particularly, this article aims to provide technical insight on recent price performance and technical indicators that suggest the potential for the crypto asset to hit $160 focusing on the 4-hour and the 1-day chart.  At the time of writing, SOL’s price was up by over 7%, trading at about $143, with a market....


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