Solana Does it Again: Heads Up for the 2nd Straight Day

The Hourly View for Solana

  • At the time of this writing, SOL’s price is down $-0.5 (-0.27%) from the hour prior.
  • This is a reversal of the price action on the previous hour, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
  • The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Solana’s hourly price chart is shown below.

SOL

The Daily View for Solana

  • At the time of this writing, SOL’s price is up $10.1 (5.71%) from the day prior.
  • This is the 2nd day in a row Solana has seen its price head up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Solana.

SOL

Featured Solana Idea From TradingView

Below is a trading comment entitled $btc- Welcome to The Bull Run you may find interesting:

This is where it begins.The party starts from here but remember that BTC.D is still a thing so keep an eye on your Alts and its btc/pairsIf not hold portfolio, take your profits because when that btc fomo period for BTC comes(, Alts are going to bleed but something keep telling me that they might not bleed that much.Reason- There is a whole lot of Eth, bnb and Solana loc…

Syl-Crypt