SOL Explodes 12% Today but How High Can it Go? Three Things to Consider Next (Solana Price Analysis)
Solana’s correction seems over as patrons put together their subsequent transfer.
Key Help ranges: $44
Key Resistance ranges: $67
1. Uptrend Resumes
Solana’s value elevated by 12% up to now 24 hours. Whereas this is a superb efficiency in such a short while, the amount continues to make decrease highs. If this momentum is to proceed, then patrons should step up much more.
2. Key Resistance at $67
Bears had been unable to push Solana underneath $50 and since then, they misplaced management of the value. The largest degree on this chart proper now’s the resistance at $67. If damaged, SOL may shortly strategy three digits.
3. Each day RSI Makes Increased Highs
This reversal within the value motion can be mirrored by the each day RSI, which has made a better excessive. This confirms that patrons are in management and will take Solana to the important thing resistance subsequent.
Bias
The bias for SOL is bullish.
Quick-Time period Prediction for SOL Worth
With the correction over, Solana’s path is open to problem the resistance at $67 once more and intention for brand spanking new highs.
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