Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- Solana (SOL) was one of the notable gainers in the market on Monday, as the token climbed above the 35.00 mark.
Following a low of 32.29 on Sunday, SOL/USD rose to an intraday high of $35.17 to start the week.
This is the highest level the cryptocurrency has hit since November 6 last year, when the price was trading above 37.00.
Solana was one of the biggest tokens to fall following the FTX fraud scandal, however, the price has made steady gains since then.
Today’s surge comes as the relative strength index (RSI) rallied above a ceiling of 74.00, and now sits at 77.33.
SOL remains above 35.00 as of writing, however, bulls could begin taking profits in the coming days.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis:- Solana (SOL) was one of the notable gainers in the market on Monday, as the token climbed above the 35.00 mark.
Following a low of 32.29 on Sunday, SOL/USD rose to an intraday high of $35.17 to start the week.
This is the highest level the cryptocurrency has hit since November 6 last year, when the price was trading above 37.00.
Solana was one of the biggest tokens to fall following the FTX fraud scandal, however, the price has made steady gains since then.
Today’s surge comes as the relative strength index (RSI) rallied above a ceiling of 74.00, and now sits at 77.33.
SOL remains above 35.00 as of writing, however, bulls could begin taking profits in the coming days.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
