Solana (SOL) attracted attention in altcoins that gained vitality after Bitcoin (BTC) exceeded $ 30,000, is $ 30 levels close for SOL?
The fact that BTC, the pioneer of cryptocurrencies, saw $ 30,000 again after June 2022, added color to altcoins. While rises were observed in many altcoins, SOL, one of the major coins of the market, attracted extra attention. The major coin, which has been silent for a while, broke its chains and showed an increase of close to 10 percent. The $30 levels for SOL, the 4th highest coin of the day, are on the agenda again.
Can the SOL, which once swept the crypto industry by storm, start massive upswings?
Solana (LEFT) Chart Analysis
When we consider the 4-Hour SOL chart, the $ 19.86 level is the point where the rise was triggered. Capturing a large buyer base at these prices, SOL seems to have overtaken its weekly, daily and monthly prices, respectively, with BTC exceeding $30,000.
While the $30 targets are drawn on the LEFT side, the resistance levels in the big picture stand out. One of the main criteria is that the price first exceeds $ 22.94 and then tests $ 23.90. Then, after the price decision from these levels, the $ 25.50 level will offer clues to the $ 30 journey.
In the event that $ 25.50 is exceeded in volume, there is even a direct possibility of $ 30 levels. In the process of holding the price above this value, the $ 30 levels will be active.
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