Solana (SOL) has experienced a significant increase in price, with its market cap reaching nearly $130 billion. Trading volume has also seen a surge, reflecting strong market activity. Technical indicators such as the Ichimoku Cloud and BBTrend suggest a bullish setup, although signs of consolidation indicate a potential pause in momentum. If SOL continues to gain strength, it could test resistance levels at $292 and potentially rise to $300 for the first time. However, a reversal could bring key support levels at $229 and $211 into play. Traders are advised to monitor these resistance and support levels as Solana's upward trajectory unfolds.
Content Editor ( beincrypto.com )
- 2025-01-25
Solana (SOL) Price Gains 21% in One Week, Surpasses Sony In Market Cap
