Solana started a fresh increase above the $232 zone. SOL price is now correcting gains below $240 and might aim for another increase if it stays above $20.
SOL price started a fresh upward move above the $232 and $240 levels against the US Dollar.
The price is now trading below $240 and the 100-hourly simple moving average.
There was a break below a bullish trend line with support at $242 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could extend losses if it dips below the $230 zone.
Solana Price Dips Below Support
Solana price started a decent increase after it found support near the $212 zone, beating Bitcoin and Ethereum. SOL climbed above the $232 level to enter a short-term positive zone.
The price even smashed the $240 resistance. The bulls were able to push the price above the $245 barrier. A high was formed at $250 and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the upward move
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-corrects-some-gains-240/
