Bitcoin ( BTCWith the loosening of the ) dominance, many altcoins have risen, the most notable among them is Solana ( LEFT) happened.
loosening by 1.70 percent in a short time BTC dominance, brought a spring mood to altcoins. While various altcoins were bullish, these increases were temporary with the oscillation of BTC. But the upward momentum in the SOL has not completely disappeared. The major coin, which started the upward movement from $ 24, surpassed $ 25 and set out for the next resistance. But what does the technical side show for SOL?
Solana (LEFT) graphic evaluation
Having run the $22.30 support multiple times, SOL finally got a voluminous reaction from here and targeted the upper resistance levels. The popular coin, which has also made an upward move by gaining strength from the BTC dominance, can target $ 27.15 and $ 29.13 as long as it exceeds $ 25.59. In this process, developments in the Solana ecosystem and the price movements of BTC can also be decisive.
Increasing BTC dominance, BTC losing $28,900 support or FUD news about the ecosystem will push SOL price down. The support zones to follow in such a scenario are $23.83 – 22.30 – $20.43 and $19.30, respectively.
