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📌 Solana (SOL) continues to grow, but how far can it go up?

On the chart using the RSI (Relative Strength Index) indicator in the image above, you can see that the RSI line is above the 50 level. This indicates that the SOL price is still in a bullish zone and could rise further. Sol

– On the chart using the RSI (Relative Strength Index) indicator in the image above, you can see that the RSI line is above the 50 level. This indicates that the SOL price is still in a bullish zone and could rise further.

Looking at the four-hour chart using the MACD indicator, the MACD line, signal line and MACD histogram are above the zero line, indicating that the MACD is on the bullish side.

Finally, using the bullish and bearish strength histograms, we can see that buyers have taken control of the market due to strong momentum and are ready to push prices further up.

This can be seen in the image below:

If the solan price fails to break above the $210 resistance level, a downward correction to the first support level of $162 could begin. If the price closes below this support level, it could fall even lower and turn into a downtrend.

Bitcoin

Bitcoin

$67,439.95

BTC -4.86%

Ethereum

Ethereum

$3,262.85

ETH -7.71%

Binance Coin

Binance Coin

$591.00

BNB -5.40%

XRP

XRP

$0.55

XRP -10.62%

Dogecoin

Dogecoin

$0.17

DOGE -13.36%

Cardano

Cardano

$0.51

ADA -12.62%

Solana

Solana

$153.10

SOL -12.18%