Solana price analysis shows SOL is trading bullishly on our 24-hour SOL price analysis Further downsides were rejected at the $162 markWe expect a bullish rally during the day Solana is trading bullishly on our 24-hour SOL price analysis following a strong overnight rally to the $175 region. Further downsides were rejected at the $162 mark and the coin corrected upwards once again to the $170 support. The bulls are attempting to sustain a substantial advance above $175 and consolidate sufficient momentum to face resistance at $199. Solana’s upward target lies at $200. In the course of the day, we are expecting SOL/USD to undergo further gains and set higher lows. Cryptocurrency heat map. Source: Coin360 The overall cryptocurrency market is trading within the green zone, as seen on the cryptocurrency heatmap. The last 24-hours have witnessed massive gains across all major digital assets, with Bitcoin and Ethereum increasing by over 2.5 percent. Solana is among the best performers, with a gain of 21 percent on the daily chart. Solana price movement in the last 24 hours: Solana rallied to $175 Data we recorded on our 24-hour Solana price analysis indicate a daily trading range of $162 – $175. Quit a broad range that suggests high volatility for the day. Trading activity is heightening on the Solana chart, with the coin’s total trading volume increasing by 139 percent to a total of $6.8 billion. Coin Mark...
