Hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Solana (SOL) moved past the 20.00 level earlier in the day, hitting a one-month high in the process.
SOL/USD surged to an intraday high at 20.32, which comes after falling to a bottom at 18.50 the day prior.
This rally has resulted in the world’s ninth-largest cryptocurrency hitting its highest level since June 6.
SOL has since slipped, with bulls unable to sustain a breakout of the 20.00 price point.
This was in part due to the RSI failing to breach its own resistance zone, which was around 61.00.
SOL’s price strength is now sitting at 57.72 and appears to be heading for a lower floor near the 52.00 area.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:-Solana (SOL) moved past the 20.00 level earlier in the day, hitting a one-month high in the process.
SOL/USD surged to an intraday high at 20.32, which comes after falling to a bottom at 18.50 the day prior.
This rally has resulted in the world’s ninth-largest cryptocurrency hitting its highest level since June 6.
SOL has since slipped, with bulls unable to sustain a breakout of the 20.00 price point.
This was in part due to the RSI failing to breach its own resistance zone, which was around 61.00.
SOL’s price strength is now sitting at 57.72 and appears to be heading for a lower floor near the 52.00 area.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
