Solana price is about to conclude its second week of bullish recovery. With $140 in sight, its performance not only underscores a strong demand resurgence but also confirms that it is still one of the most appealing coins in the market.
Solana crypto was up 46% at its $139.5 press time price tag, and has successfully formed a double bottom pattern.
But can it maintain its bullish momentum as it approaches a previous resistance level near $145.
SOL price action/ source: TradingView
Solana price could potentially see some profit-taking in the coming days if market sentiment remains in fear territory.
Nevertheless, it was on track to conclude its first 2 weeks in the green after an extremely bearish Q1 performance.
Also worth noting is that a breakout above the short term resistance could fuel renewed demand.
This is because it will confirm SOL’s exit from its February and March bottom range.
Solid Q1 Performance Confirms that Solana is Still One of the Leading Chains
We współpracy z: https://www.thecoinrepublic.com/2025/04/19/solana-price-140-in-sight-robust-network-activity-next-move/
