Solana (SOL) remains on a relentless upward trajectory, defying even recent reports of the embattled crypto exchange FTX moving millions of funds in SOL and other tokens. The cryptocurrency is now hovering close to a critical resistance point at $40, showcasing remarkable resilience and determination. As of the latest data from CoinGecko, the current SOL price stands at $37.96, reflecting a 5% increase in the past 24 hours and a seven-day surge of 21.3%. The journey toward $40 has been an exciting one, with SOL appreciating by approximately 80% from its intramonth low of around $21.07, a level it touched near October 12, as per CoinMarketCap figures. While SOL has demonstrated its potential, the looming question on everyone’s mind is whether it can indeed break through the $40 resistance and continue its bullish run. Related Reading: THORChain Beats Rivals In Top 100 Coin Rankings With 34% Rally – How RUNE Did It Solana Bullish Momentum And Technical Indicators Last week, there were ominous signs of a reversal when SOL dipped below the $30 mark. However, the Relative Strength Index (RSI) proved to be a strong support as it bounc ..
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