Solana Price (SOL) Hits $150: Market Dips Look Tempting

Jul 15, 2024 08:01 am Cryptocurrency 68

Solana started a steady increase above the $135 zone. SOL price broke the $150 resistance and is now consolidating gains.

SOL price started a decent upward move above the $135 resistance against the US Dollar.

The price is now trading above $145 and the 100-hourly simple moving average.

There is a connecting bullish trend line forming with support at $147 on the hourly chart of the SOL/USD pair (data source from Kraken).

The pair could correct lower, but the bulls might remain active near $147 or $143.

Solana Price Jumps Over 5%

Solana price managed to start a fresh increase above the $125 pivot level. SOL gained pace for a move above the $132 and $135 resistance levels, like Bitcoin and Ethereum.

The price even cleared the $145 resistance and surpassed the $150 hurdle. A high was formed at $152.05 and the price ..

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