Yesterday we predicted the Bullish trend of Solana and today the chart predicts Solana to rise 10%.
The Solana price today is $202.40 USD with a 24-hour trading volume of $3,072,936,777 USD. Solana is up 11.59% in the last 24 hours, with a market cap of $61,916,012,164 USD. It has a circulating supply of 305,911,234 SOL coins.
Solana to rise: Analysis
The 4-hour chart of Solana resembles pretty much that of Ethereum and interestingly both are following the same pattern. The only difference is Ethereum is struggling to break the lower lows pattern and Solana has already broken it. After breaking above the fib 0.5 resistance Solana is very likely to rise 10% from here. The collective converging level of EMA 100 and 200 will be bothering for the bulls though.