SOL Price Breaks $150 – Why Solana Could Soon Test $180

Mar 12, 2024 06:00 am Cryptocurrency 63

Solana is gaining bullish momentum above $150. SOL price is showing positive signs, and it could even surpass the $162 resistance in the near term.

SOL price started a fresh increase from the $138 support against the US Dollar.

The price is now trading above $150 and the 100 simple moving average (4 hours).

There is a connecting bullish trend line forming with support at $140 on the 4-hour chart of the SOL/USD pair (data source from Kraken).

The pair could continue to rally if it clears the $156 and $162 resistance levels.

Solana Price Starts Fresh Rally

Solana price formed a base above the $130 support zone and recently started a fresh increase. There was a decent increase above the $135 and $145 levels.

The price is up nearly 10% and there was a move above the $150 level, like Bitcoin and Ethereum. ..

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