Solana Price Positive As It Trades Near $44, Are The Bulls Back On Chart?
Solana price has attempted to revisit the $44 price mark again and it is a matter of time till the coin displays its next move. Over the last week the coin rose by 14% and in the past one day there has been a close to 3% increase in market value. The coin has demonstrated steady recovery in the last 24 hours. At the moment bullish force has built up considerably in the market and it could push price of SOL higher with sustained demand. Technical outlook for the coin remained positive at the time of writing. Solana price previously in the past had not managed to break past the $44 price....
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Solana price action indicates that bulls are attempting to regain the market. SOL prices begin the daily trading chart in a horizontal trend. As the market encounters resistance at the $100.5 level, solana prices are trading close to $100. Bulls will attempt to drive prices higher in order to reclaim the $101 level. If prices can be pushed below $99.5, the bears will be able to take control of the market. In the previous 12 hours, Solana prices have fluctuated between $97.10 and $100.54, with the cryptocurrency gaining 0.11%. Solana Recovers Above $100 As the cryptocurrency trades near to....
Solana price has been volatile over the last week, with no significant change in the last 24 hours. In the last week, SOL fell by 6%. At the moment, the Solana price is neither swaying towards the bullish zone nor the bearish territory. The technical outlook for the altcoin has flashed mixed signals. Broader market weakness could be attributed to the altcoin’s mundane price action. Bitcoin slipped below the $20,000 mark and many other prominent altcoins also travelled south. Buying strength on Solana’s daily chart remains in the negative with chances of it dropping on its chart....
The bulls are gaining dominance in the market with Solana generating gains of 5.14% or currently at 0.001863 SOL/BTC. The SOL price is pulled mostly by the bulls with a slight tug coming from the bears. With these gripping forces, the SOL price is stuck. Currently, the bulls are relentlessly pushing the price closer to SOL’s resistance level. The bulls are putting in tremendous efforts to punch in a breach or else the bears will consolidate and ruin their efforts to register a breakout. With the low price, it’s now a huge wall to breach for the bulls waiting for that breakout. SOL....
The price of Solana is riding the same wave as cryptocurrencies, stocks, and other risky assets around the world. Investors are hopeful that the present war in Ukraine would come to a conclusion following a meeting between Russia and Ukraine in Belarus. Despite the positive news and outlook, bulls are finding it difficult to break through the important $100 barrier. Solana close to $100 Earlier today, Solana hit a daily high of $96. The asset was one of the top gainers of the day at the time, with gains of up to 6.4 percent. The announcement of a world tour by the group behind the....
Solana Price shot up by 8% over the last 24 hours, painting a bullish chart. Over the past week, the altcoin soared almost 17%. This made Solana one of the top gainers in the past week. Solana has been able to break past its $33 mark and has turned bullish on its chart. It also formed a bullish pattern, thereby giving hope to traders. Solana might encounter rigid resistance at the $41 price zone. Many altcoins have managed to flash signs of optimism as Bitcoin started to trot up on its chart. The technical outlook pointed toward the bulls taking over as demand for Solana shot up. Traders....