SOL Price Surges To $115 – Why Solana Could Rally Another 10%

Feb 13, 2024 06:00 am Cryptocurrency 84

Solana is gaining bullish momentum above $110. SOL price is surging, and the bulls could soon aim for a move above the $120 level.

SOL price started a fresh increase from the $95.00 support against the US Dollar.

The price is now trading above $105 and the 100 simple moving average (4 hours).

There is a key bullish trend line forming with support at $109.20 on the 4-hour chart of the SOL/USD pair (data source from Kraken).

The pair could continue to rally if it clears the $115 and $118 resistance levels.

Solana Price Starts Fresh Rally

Solana price formed a base above the $94.00 support zone and recently started a fresh increase. There was a decent increase above the $98 and $100 levels.

The price is up nearly 10% and there was a move above the $110 level, outperforming Bitcoin and Ethereum. The ..

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