Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
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CHART ANALYSIS: Solana (SOL) started the week close to a two-month high, despite crypto markets starting to consolidate recent gains.
SOL/USD touched a high of $24.75 on Monday, before falling to a low of $22.68 less than a day later.
The move means the coin remains close to this weekend's high of $25.03, which was the strongest point for SOL since November 8th.
From the charts, it appears that sentiment is still somewhat bullish in Solana, which continues to track above support at 80.00 as the 14-day Relative Strength Index (RSI) continues to track.
As of writing, the index is tracking at 80.18, with Solana trading at a $23.42 price point.
If the index stays near 80.00 in the coming days, there is a possibility that SOL may once again move toward $25.00.
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.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS: Solana (SOL) started the week close to a two-month high, despite crypto markets starting to consolidate recent gains.
SOL/USD touched a high of $24.75 on Monday, before falling to a low of $22.68 less than a day later.
The move means the coin remains close to this weekend's high of $25.03, which was the strongest point for SOL since November 8th.
From the charts, it appears that sentiment is still somewhat bullish in Solana, which continues to track above support at 80.00 as the 14-day Relative Strength Index (RSI) continues to track.
As of writing, the index is tracking at 80.18, with Solana trading at a $23.42 price point.
If the index stays near 80.00 in the coming days, there is a possibility that SOL may once again move toward $25.00.
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
