Solana’s market price has shown bullish movements in the last seven days.
The token showed a 33.18% increase in daily trading volume according to CMC data.
The overall crypto market witnessed a slight dip in both market cap and trading volume in the last 24 hours. Leading cryptocurrencies, Bitcoin and Ethereum also showed mild price dips after the recent bullish trends. Meanwhile, the second largest altcoin, Solana, showed bullish movements crossing the resistance levels, at the $160 level.
According to CMC data, Solana has shown a price increase of 2.05% over the past day. In the late hours of July 18, the token was trading at $158, before witnessing a price dip. On July 19, prices dipped to an intra-day low of $156.07.
However, as the day progressed, SOL exhibited bullish candles and surpassed resistance at $160. At the time of writing, the token is trading at $162.87. Additionally, Solana’s daily trading volume also noted an increase of 33.18%.
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