Solana

Momentum

<h2 id="if-sol-breaks-100-resistance-it-may-rise-further">If SOL breaks $100 resistance, it may rise further.</h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price Analysis</a>, SOL reached a peak exceeding $95, marking its highest point in 20 months.</li>
 <li>Sol's price experienced a strong recovery post breaking the descending trendline on December 20th.</li>
 <li><a href="https://www.coingabbar.com/en/price-analysis/eyes-on-solana-as-rally-flames-show-no-sign-of-fading" class="f-link" rel="noopener noreferrer nofollow">SOL </a> , supported by institutional investors, approaches $100, securing the fourth position with a $42 billion market cap, surpassing XRP.</li>
 <li>The daily chart illustrates a robust rally after breaching the Wedge pattern, reaching a high close to $100.</li>
 <li>On the weekly chart, Solana displays a Rounding Bottom Pattern, contributing to its upward surge.</li>
 <li>The potential for SOL to experience further growth remains high following its successful clearance of the $100 resistance levels.</li>
 <li>&nbsp;As SOL nears the psychological level of $100, traders are advised caution, considering a possible retracement.</li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $97.00-$100.00 
SUPPORT LEVEL : $91.00-$88.00 
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

SOLANA Surge: Will the Momentum Hold or Take a Breather

Table of Contents

Coingabbar

Other articles published on Dec 22, 2023

Dogecoin-Themed DOGE-1 Satellite Launch Draws Closer, Here Are The Coins To Watch

Top Analyst Explains Why 2023 Isn’t the Start of the Bull Market; BTC and ETH Expected to See New...

Rebel Satoshi surge, could challenge BNB and XRP dominance

SEC Confesses to False Statements in DEBT Box Case

XMR Coin Price: The Bulls are Struggling to Get Above the EMAs

Stacks up 215% in 3 months, Tim Draper bullish

Join our free newsletter for daily crypto updates!