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Solana Reclaims $150 As It Enters Crucial Resistance: $200 Target Activated for the SOL Price Rally!
After rising above $150, the SOL price is juggling around $153 and $155 as the upward pressure remains restricted within a range. Therefore, the price is now expected to rise within the range before the end of the day, failing which the price could face another pullback. However, the 5th largest token, Solana has triggered a 10% upswing in the past 24 hours and also has become the 5th largest traded token.
Will the Solana (SOL) price reclaim the crucial resistance at $180, intending to achieve $200?
The Solana price experienced a massive fall recently, losing over 50% in less than a week, marking the bottom close to $110. However, the current trade set-up suggests the selling volume has largely faded, which may pave the way for a sustained ascending trend. Besides, the +Di & -Di have triggered a divergence suggesting a bullish crossover of DMI could be nearby. 0 reply
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