SOL Price Uptrend To Continue? Can Bulls Send Solana To $75?
Solana rallied above the $50 resistance against the US Dollar. SOL price is consolidating gains above $55 and might extend its rally above $65. SOL price started a major rally above the $50 resistance against the US Dollar. The price is now trading above $55 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with support near $51.00 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could restart its rally if it clears the $60.00 resistance zone. Solana Price Sets Up For $75 In the past few days, Solana saw a major rally above....
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Solana (SOL) price has locked its sights on the goal from day one. Solana’s price is extremely bullish Price spiked aggressively to $47 SOL/USD pair key resistance spotted at $49.5 Evidence to that, SOL price has behaved extremely bullish as the price surged to $47. The bulls have been consistent with orchestrating an uptrend for a couple of days now. Related Reading: Monero (XMR) Climbs Over 7% Before Weekend Hard Fork Solana Showing Uptrend Signals Despite Correction In fact, due to stubborn resistance, the price of SOL spiked to $48.4 early yesterday. It was apparently a....
Raoul Pal, the founder of Real Vision and one of crypto frequent commentators, thinks SOL, the native currency of Solana, a smart contract platform, has “been extremely bullish all year.” In Pal’s assessment, the coin will likely double in the next few sessions, especially if there is a welcomed breakout above the immediate liquidation level. Taking to X on October 20, the founder noted that SOL has rallied by 171% in 2023 alone. At the same time, looking at technical candlestick arrangements, the immediate resistance level that traders should watch out for is $30. This....
Anyone watching the charts recently will have noticed that Solana (SOL) has been on an impressive uptrend recently. The digital asset had grown from where it had been trending around the $88 price range and has once again made it above $100. While this is a welcome trend for the market, especially Solana investors, we […]
SOL ranks among the bullish cryptocurrencies today, benefitting from the ongoing rally in the crypto market. $40 looks more realistic since SOL overcame the psychological resistance level of $20. Based on its present trajectory and exciting events in the Solana community, investors wonder if it will attain $40 in the coming days. The technical indicators in the chart below will uncover SOL’s price trajectory in the coming days. SOL Testing $36.69 Resistance, Will The Bulls Rally To $40? SOL is in an uptrend on the daily chart, forming a third consecutive green candle as the buyers....
Solana price has moving been sideways for the last few months, and it has maintained the same price action. Over the last 24 hours, SOL has depreciated 2.6%. In the past week, the altcoin’s gains were negated by the ongoing lateral trading. Buying strength has remained low over the last week and that has further pushed Solana price to their closest support line. If buyers push the price higher, SOL could attempt to topple over the $33 price level. As sellers continue to dominate, it could be tough for SOL to experience a breakout from the $30-$32 price zone. The bulls failed to hold....