Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) rose to a one-week high on Monday, as momentum shifted following a recent bear run.
SOL/USD surged to a peak of 21.49 earlier in today’s session., which comes after Sunday’s low of 20.65.
As a result of this rally, Solana moved to its strongest point since last Monday, when the price was close to 22.00.
One of the catalysts of today’s gains came as the 14-day relative strength index (RSI) broke out of a ceiling at 45.00.
The index is now tracking at 48.31, which is its highest reading in almost ten days of trading.
Should current sentiment extend throughout the week, there is a good chance SOL will be near its long-term resistance at 24.00.
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 ANALYSIS: Solana (SOL) rose to a one-week high on Monday, as momentum shifted following a recent bear run.
SOL/USD surged to a peak of 21.49 earlier in today’s session., which comes after Sunday’s low of 20.65.
As a result of this rally, Solana moved to its strongest point since last Monday, when the price was close to 22.00.
One of the catalysts of today’s gains came as the 14-day relative strength index (RSI) broke out of a ceiling at 45.00.
The index is now tracking at 48.31, which is its highest reading in almost ten days of trading.
Should current sentiment extend throughout the week, there is a good chance SOL will be near its long-term resistance at 24.00.
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.....
