Hello, welcome to this SOL/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Solana's price action over the past 30 days can only be described as a crypto roller coaster. After plunging below $10, it rebounded sharply and entered a significant rally on Monday, when the price rallied, closing with a 37% gain over the past seven days. This makes it the best-performing altcoin on our list this week.
After finding good support at $9.5, Solana entered a sustained rally that did not stop until $14. Key resistance is found at $15, and seeing its performance this week would be even more surprising to see a break above this level.
Looking ahead, a test of the key resistance appears probable. But for this to happen, the overall market needs to turn bullish or at least remain neutral. Otherwise, Solana could be dragged down to $10.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Solana's price action over the past 30 days can only be described as a crypto roller coaster. After plunging below $10, it rebounded sharply and entered a significant rally on Monday, when the price rallied, closing with a 37% gain over the past seven days. This makes it the best-performing altcoin on our list this week.
After finding good support at $9.5, Solana entered a sustained rally that did not stop until $14. Key resistance is found at $15, and seeing its performance this week would be even more surprising to see a break above this level.
Looking ahead, a test of the key resistance appears probable. But for this to happen, the overall market needs to turn bullish or at least remain neutral. Otherwise, Solana could be dragged down to $10.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
