Solana

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Most of the cryptocurrencies keep setting new local peaks, according to <a href="https://u.today/cardano-ada-price-prediction-for-february-28" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="ebfcf923-d696-4960-b18a-2648c2a968f7" src="https://u.today/sites/default/files/inline-images/top10_967.png">SOL chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
Solana (SOL) is one of the biggest gainers today, rocketing by 17.65%. <img data-entity-type="file" data-entity-uuid="53fa6557-1d7e-441c-b1ec-56764af101e7" src="https://u.today/sites/default/files/inline-images/sol1_21.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of Solana (SOL) has set a local resistance level of $134.14. At the moment, one should pay attention to the daily bar closure.&nbsp;
If it happens far from that mark, there is a chance to see a correction to the $125 zone. <img data-entity-type="file" data-entity-uuid="b0e0d8c3-bbb0-4210-b9c2-bf7599f6c80b" src="https://u.today/sites/default/files/inline-images/sol2_19.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, there are no reversal signals yet. Until the rate is above the $120 zone, bulls remain more powerful than bears. In this case, there is a possibility to see a test of the $140-$150 area soon. <img data-entity-type="file" data-entity-uuid="447896a3-0d6f-4c34-b862-eab57f9451d5" src="https://u.today/sites/default/files/inline-images/sol3_17.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A similar situation can be seen on the weekly chart. If the bar closes around the current prices, the upward move may lead to the test of $160 next month.
SOL is trading at $131.92 at press time.

Solana (SOL) Price Prediction for February 29

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