Skip to content

Solana Prices Surge 2.04% as Uptrend Continues

Solana has shown solid bullish momentum as prices increase by 1.29%. The digital asset is currently trading at $13.28 and is facing resistance at $13.54.

Solana Logo
Solana Logo

Solana's price has been uptrend, with a series of higher highs and higher lows over the past two weeks.

Solana Trading Volume Hits All-Time High

In addition to its price increase, Solana's trading volume has also steadily risen, reaching a new all-time high last week. The relative strength index (RSI) is currently at 40.18 and is slowly rising toward the overbought region.

Solana's Bullish Momentum Increases

According to the daily Moving Average Convergence Divergence (MACD), Solana's bullish momentum increases as the MACD line moves above the signal line. The hourly price analysis also shows that the bulls have controlled the market since the start of the day.

Solana's Market Capitalization Rises to $4.9 Billion

As a result of the bullish trend, Solana's market capitalization has reached $4.9 billion, and the asset is currently ranked 14th in the overall market. If the price can break above the current resistance at $13.54, a new all-time high of $13.28 is possible.