Solana (SOL) Eyes $88 Break, Will Bulls Finally Push Higher?
Solana started a fresh increase above the $82 zone. SOL price is now consolidating near $85 and might aim for more gains above the $88 zone. SOL price started a fresh upward move above the $82 and ...
Source: www.newsbtc.com
Solana started a fresh increase above the $82 zone. SOL price is now consolidating near $85 and might aim for more gains above the $88 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bullish flag pattern with resistance at $80.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Rallies Over 5% Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. Earlier, there was a break above a bullish flag pattern with resistance at $80.00 on the hourly chart of the SOL/USD pair. The price even smashed the $86.50 resistance. A high was formed at $87.04, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib