Solana

Coin

<ul class="news-points"> 
 <li>SOL broke the $30 resistance, thanks to an increase in buying pressure after a previous rejection at the region.</li> 
 <li>SOL needs the $23.38 support to avoid a drawdown below $28 in case of a likely sell pressure.</li> 
 <li>Should SOL reverse, an entry between $26 to $28 might be good for the run to $35.</li> 
</ul> 
<a href="https://coinedition.com/sol-soars-38-in-a-week-will-solanas-bullish-run-continue/">Solana (SOL)</a> broke the $30 psychological resistance as the price increased by 4.45% in the last 24 hours. The breakthrough stamped SOL’s stay as the cryptocurrency with the highest gain in the previous seven days out of the top 10 assets per market cap.. 
Previously, precisely on October 22, SOL interacted with the $30 price level. But the price action met a solid resistance. This resulted in a pullback to $28.10. However, the last 24 hours have been superb for SOL as shown on the daily timeframe. 
<h2 class="wp-block-heading" id="h-sell-offs-are-likely"><a></a>Sell-offs Are Likely</h2> 
According to the SOL/USD daily chart, bulls increased buying pressure, helping the token to ease past the resistance into $31.47. While there has been a slight reversal, it is important to watch the $23.38 support level. 
Due to the performance SOL has had lately, it is possible for selling pressure to increase. But if the $23.38 support holds, then bea…
The post <a rel="nofollow" href="https://coinedition.com/sol-breaks-30-resistance-eyes-35-price-target/">SOL Breaks $30 Resistance, Eyes $35 Price Target</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

SOL Breaks $30 Resistance, Eyes $35 Price Target

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