Solana (SOL) is over $25 again! - Coinleaks
Current Date:September 21, 2024

Solana (SOL) is over $25 again!

Solana, which tested $ 22.70 a few days ago due to the market pullback ( LEFT), again dropped over $25.

in BTCSOL, which retreated to $ 22.70 due to the declines, Fed’s The interest rate hike has pushed it up again. BTC, which went to $ 29,700 in the process of the decision, LEFT followed by an increase of 12 percent. What is the latest status of the chart for the major coin, which managed to jump over $25 again a few days later?

Solana (SOL) technical analysis

SOL, which depreciated significantly with the withdrawal that started in BTC, threw a needle at $ 22.70. However, the fact that BTC jumped above $ 29,200 and reached $ 29,700 with the effect of the Fed interest rate decision strengthened SOL. The major coin, which broke the $ 23.86 region directly, increased by 12.74 percent in a short time by testing $ 25.60. It is currently priced at $25.15.

The levels that SOL traders can follow as resistance are 25.59 – 27.15 – 29.13 and 32.14 dollars, respectively. If the peak value tested in the recent timeframe is $32.14, if it is clearly exceeded, the medium-long term for SOL may progress even more positively. But the failure of $23.86 to act as support could push the price down to $22.35 – $20.46 and $19.27 over time.