Solana is gaining bullish momentum above $200. SOL price is still showing positive signs, and it could even surpass the $220 resistance in the near term.
SOL price gained bullish momentum and cleared the $200 resistance against the US Dollar.
The price is now trading above $200 and the 100 simple moving average (4 hours).
There is a connecting bullish trend line forming with support at $195 on the 4-hour chart of the SOL/USD pair (data source from Kraken).
The pair could continue to rally if it clears the $205 and $212 resistance levels.
Solana Price Extends Rally
Solana price remained strong above the $150 level and extended its rally. There was a decent increase above the $165 and $180 levels.
The price is up nearly 20% and there was a move above the $200 level, outperforming Bitcoin and Ethereum. A new multi-month high was formed near $204, and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $142 swing
We współpracy z: https://www.newsbtc.com/analysis/sol-price-crosses-200/
