SOL Price Rallies Over 50% In Few Days But Uptrend Is Far From Over

Solana rallied above the $60 resistance against the US Dollar. SOL price is up over 50% in a few days and might continue to rise toward the $75 level.

SOL price started a major rally above the $55 resistance against the US Dollar. The price is now trading above $60 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $55.00 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to move up if it clears the $68.00 resistance zone. Solana Price Regains Strength

In the past few days, Solana saw a major rally above the $50 level. SOL gained bullish momentum after it settled above $50,

Continue reading