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 the $40 level. SOL gained bullish momentum and cleared many hurdles near the $50, outperforming Bitcoin and