- At the time of this report, Sol is trading at $ 134.41, an increase of 8.91 % in the past 24 hours.
- After the severe landing trend, the Sol price has found support at 114 dollars, and has since witnessed a brief rise.
Solana’s price has almost 50 % in January in January, when Mim Donald Trump was introduced, due to the sizes of network transactions and fees affected by the winter of the Mimi currency.
Since its arrival to the highest level in December last year, the maximum of the Meme currency market has decreased by 65.2 %, and the price of most of the assets in this category decreased to levels seen before the elections or even less.
Because of the large number of transactions that facilitate them, Meme coins play an important role in the Solana Environmental System. After saying this, most of these assets have witnessed significant decreases since the beginning of the year.
The bulls seek hard
At the time of this report, Sol is trading at $ 134.41, an increase of 8.91 % in the past 24 hours, according to data from CMC. Moreover, the trading volume increased by 9.75 %. GENERAL UPTICK is tracked in the total encryption market with Bitcoin’s restoration of $ 84,000. Despite the last rise, the Sol price continues to decrease by 4.15 % in the last 7 days.
After the severe landing trend, the Sol price has found support at 114 dollars, and has since witnessed a brief rise. The Sol pace on the chart is increasing in the hour after the local barrier violated $ 130. It is still too early to know if the last price of Solana is a constant or just pump.
The bullish trend is likely to extend to a $ 140 region, if the bulls can maintain the newly obtained advantage. A fracture above $ 140 is likely to pay the Sol price to the resistance level of $ 153. However, if the price decreases to less than 124 dollars, it is possible to test the support level of $ 114.
adxpro.online