CandleFocus Solana Surges Forward But Stalls At The $175 Barrier
2024-10-24
Author: Content Editor
The price of Solana (SOL) has broken above resistance at $160, reaching a high of $173. If the uptrend continues, it is expected to return to previous highs at $188 and $194. SOL is currently facing a hurdle at $175, but once broken, the altcoin is likely to rise again. The moving average lines indicate an uptrend on the 4-hour chart. Key supply zones are at $200, $220, and $240, while key demand zones are at $120, $100, and $80. This analysis and forecast represent the author's personal opinion and not a recommendation to buy or sell cryptocurrency.
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