Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?

Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?


Solana started a fresh increase above the $155 zone. SOL price is now consolidating gains and might struggle to rise above the $160 resistance.

SOL price started a fresh upward move above the $150 and $155 levels against the US Dollar. The price is now trading above $152 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $155 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $160 resistance zone. Solana Price Aims Higher

Solana price started a decent increase after it cleared the $152 resistance, like Bitcoin and Ethereum. SOL climbed above the $155 level to enter a short-term positive

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