In recent weeks, Solana ($SOL ) has shown remarkable strength
despite market fluctuations, with the price soaring from $18.5 to $27.3 in less than a month. 📈🔥
Quick Technical Analysis 📈😁
- The price is currently hovering near a strong support level at $8.26
- Breaking the $28.5 level could open the path towards $32 ⚡️
The RSI indicator is in the neutral zone, indicating the possibility
of a breakout soon 🔍
- Fundamental Analysis 📈😃
- Solana may witness an increase in the number of projects built on
its network, especially in the gaming and NFTs sector 🔥
- Recent news about developing faster transaction processing
technologies may support the rise ⬆️↗️
- Conclusion ⁉️
If the price can hold above $28.5, we might see a new
upward wave, but always remember to manage risks and not to invest all
of your capital ‼️
