The Solana Price Prediction 2022 has improved in the last five days. It has outperformed both ETH and ADA. Solana has gained about 12% in the last five days. This week’s positive crypto sentiment has boosted bullish Solana price predictions. Following last week’s steep decline, the SOL/USDT pair is in its second day of recovery.
The 16.41 percent gain on Monday was followed by a 0.91 percent gain on Tuesday. Bullish Solana price predictions, on the other hand, can only be realised if more positive momentum enters the market.
Let’s dig into the Solana’s Technical Movement.
Solana Price Prediction 2022
The breakout and subsequent return move from the falling wedge were rejected at the wedge’s broken upper border. This laid the groundwork for Monday’s bullish burst, which took out the 97.04 resistance. The bulls rebuffed an attempted return move, paving the way for another bullish run to the 116.40 resistance level. If the 116.40 barrier fails, the latest recovery run is likely to end at 129.87 or 150.24.
Key Technical Indicators Indicators
Resistance Levels: $104, $106
Support Levels: $95, $96
Solana has broken through $100 once more, but the big question is whether the gain will continue or if it will crash again. According to the Solana interest level on Google, Solana holdings of $100 and above may be fleeting. The reason for this is that Solana’s interest level has dropped in the last few hours, which has been reflected in the total volume.
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