- Solana has proven bullish momentum with an rising market cap and key helps at $182 and $186, serving to it rise to the fourth-largest cryptocurrency.
- SOL is dealing with resistance at $193-194, a breakout on sturdy volumes may push the worth to $200.
- SOL’s MACD and RSI are indicating potential bullish momentum, with the worth rising by 4.47% in 24 hours.
Solana (SOL) has overtaken Binance Coin (BNB) to grow to be the fourth largest cryptocurrency by market cap, reclaiming the $190 stage. The cryptocurrency market as a complete is benefiting from current strikes and broad market help. Whereas the launch of the Spot Ethereum ETF didn’t have a major impression on value, the current Bitcoin convention seems to have boosted investor confidence.
Solana value motion is displaying a robust uptrend, indicating bullish momentum. The worth rose from round $183 to $193, indicating a robust restoration and shopping for curiosity. The worth discovered preliminary help at $182, the decrease restrict of the worth motion for the day, after which it started an uptrend.
One other minor help stage is at $186, the place the worth skilled a quick correction earlier than persevering with its upward motion. At present, the worth is dealing with resistance at $19…
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