Solana

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<a href="https://u.today/link-price-analysis-for-september-30" rel="noopener noreferrer nofollow">Bulls</a> have turned out to be more powerful than bears on the last day of the week. 
<img data-entity-type="file" data-entity-uuid="30d5848e-7d8f-416f-9cda-7d0545ebe5cd" src="https://u.today/sites/default/files/inline-images/top10_689.png">Top coins by <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a> 
<h2 dir="ltr" id="sol-usd">SOL/USD</h2> 
The rate of Solana (SOL) has gained much today, rising by 13.23% over the last 24 hours. 
<img data-entity-type="file" data-entity-uuid="21191208-3f01-4502-9bc7-31b84f9a67e0" src="https://u.today/sites/default/files/inline-images/sol1_9.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a> 
The rate of SOL is in the middle of the recently formed channel after setting a resistance level of $24.25. Sharp growth is unlikely to happen by the end of the day as most of the ATR has been passed. In this case, sideways trading in the area of $22.50-$23.50 is the more likely scenario. 
<img data-entity-type="file" data-entity-uuid="42aec2a9-498e-4103-b703-580b35719272" src="https://u.today/sites/default/files/inline-images/sol2_8.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the daily time frame, the price of Solana (SOL) has broken the resistance level of $22.20. At the moment, one should pay attention to the bar closure. If it happens above that mark, bulls will keep holding the initiative, which might lead to a further upward move to the $25 zone. 
<img data-entity-type="file" data-entity-uuid="b3d290c5-27da-45ca-8aff-0b69e9bc7590" src="https://u.today/sites/default/files/inline-images/sol3_7.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the midterm point of view, the situation is becoming more bullish as the rate is on the way to the resistance of $27.12.&nbsp; 
If the growth continues to the $26 mark, the accumulated energy might be enough for a channel breakout, followed by a blast to the $30 range and above. 
SOL is trading at $23.10 at press time.

Solana (SOL) Price Analysis for October 1

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