Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone.
SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar.
The price is now trading above $140 and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $138 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could extend gains if it clears the $145 resistance zone.
Solana Price Outperforms Bitcoin
Solana price started a decent increase after it settled above the $132 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $138 level to enter a short-term positive zone.
The price even smashed the $140 resistance. The bulls were able to push the price above $142. A high was formed at $144, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $135 swing low to the $144
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-accelerates-higher-145/