SOL price manages to print gains on Thursday. The price tested fresh highs near $127.0 for the first time since January. SOL surged nearly 56% from the lows of $80.0, this also constitutes a round bottom technical formation.
SOL price extends the gains for the third session in a row.
More gains as the price sailed above the crucial 200-day EMA.
The trading volume holds at $4,070,590,287 with nearly 30% gains.
SOL price looks north
On the daily chart, the SOL price tested $124.0 for the first time in 2022. The price recently breached the critical 200-EMA (Exponential Moving Average) since being tested on January 22. This is a strong sign for the continuation of the upside momentum.
A daily close above the session high will invite more trading opportunities for the buyers. The price would target the highs of January 22 at $143.96, an ascent of 15% from the current levels.
After tagging the mentioned levels, bulls will be further encouraged to take out the $160.0 horizontal resistance
We współpracy z: https://coingape.com/markets/solana-price-prediction-sol-price-aims-for-160-0-above-200-day-ema/
