Solana (SOL) traded up a little bit during the day, reaching a high of $31.9. If the current green candle touches the $32.3 resistance zone, the coin could try to go up even more. This is also the closest area for SOL to look ahead to the $34.08 resistance level, which is the next level of resistance.
SOL is currently trading at $31.5, which is an increase of 11.37 percent in the last 24 hours.
Four-Hour Trading Chart for SOL/USDT
The 4-hour trading chart shows that bulls did their job between 01:00 and 04:00 UTC, which is when the coin went up. On the 4-hour chart, SOL also showed some red candles going down.
SOL/USDT Trading Chart for One Day:
In addition, the 1-day trading chart for SOL shows that since it broke the $27.9 support level, it may go up. Also, this is likely why there is a good surge right now. The altcoin’s symmetrical triangle, on the other hand, points to a drop, which can’t be confirmed by price indicators alone. Several global economic factors, like the upcoming Consumer Price Index, would also cause prices to change in different ways.
Also, the EMA-21 line is a very important sign. If the current green candle touches the line, you can expect turbulence, which could cause the price to go up or down.
Notably, BTC (5.29%), ETH (7.64%), ADA (2.52%), and XRP (5.26%) have all gone up in the last 24 hours.
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