SOL has reached a main resistance at $32. The Rising Wedge is a sign of a coming bearish trend. And it looks like the Elliot 5th wave is reached. Second bearish signal. It’s highly possible that SOL will go down till Fib. 1.0 or maybe lower.
But.. when the sentiment in the market stays positive and people are getting FOMO. The SOL price can break through $32 and reach a new high up to $38.
But.. when the sentiment in the market stays positive and people are getting FOMO. The SOL price can break through $32 and reach a new high up to $38.