Can Solana (SOL), one of the most rising coins of the day, maintain its rise despite the volatility in the market?
Ethereum (ETH), which lost momentum after Shapella, led to the decline of altcoins. The crypto market, which has regained strength, was this time shaken by the news of Arkham’s BTC sales claims. Solana (SOL), who stood up despite these events, seems to have created an upward trend for himself.
Solana (LEFT) Chart Analysis
Solana (SOL), which caught an uptrend from the $ 20.50 level, was able to throw itself above the $ 22 level. SOL, which gained momentum in a short time frame with an increase of 3.69 percent, shone again with the increase of BTC. Currently, the resistance levels of SOL, which finds buyers at the levels of $ 22.50, are located at $ 22.94 – $ 23.90 – $ 25.50, respectively.
Especially in a price action where Ethereum (ETH) is stable, it seems possible for SOL to try $26 again. The reaction of the price at this resistance level is an important criterion for the continuation of the upward trend. If buyers can establish dominance on the SOL side, a near-$30 rise seems likely for the SOL.