3 min readSOLANA (SOL/USD):
Solana has been an intriguing Altcoin to watch in recent weeks, but the lack of volatility makes it difficult to predict its next price move. Like many other Altcoin’s, its price is either consolidating around support or facing resistance. As shown below, Solana remains within its current range, trading slightly above $147.00.
Taking a closer look at the technicals, we can observe that the price action has recently moved into this internal ascending trend line, where it found some support, briefly rejected it, and then traded slightly higher. The RSI is relatively flat, hovering around the 50% level, with no significant signs indicating that the market is either overbought or oversold at the moment.
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