Solana (SOL) Price to Continue 16% Rally With Bullish Cues
Solana’s
SOLUSD
price has good things ahead of it since the altcoin has been performing well for the past two weeks.
The investors are also betting on a price rise, which is evident in the funding rate, as they aim beyond $150.
Solana Sees Positive Cues
Solana’s price benefits from the broader marker bullish cues, which is evident in the Relative Strength Index (RSI). The RSI has entered the zone above the neutral line for the first time in a month, marking a significant shift in market sentiment.
This recent change is largely attributed to a prevailing bullish market trend, which has been driving up prices. The surge in Solana’s price has been a key factor in fueling this newfound optimism and boosting investor confidence
SOLUSD
price has good things ahead of it since the altcoin has been performing well for the past two weeks.
The investors are also betting on a price rise, which is evident in the funding rate, as they aim beyond $150.
Solana Sees Positive Cues
Solana’s price benefits from the broader marker bullish cues, which is evident in the Relative Strength Index (RSI). The RSI has entered the zone above the neutral line for the first time in a month, marking a significant shift in market sentiment.
This recent change is largely attributed to a prevailing bullish market trend, which has been driving up prices. The surge in Solana’s price has been a key factor in fueling this newfound optimism and boosting investor confidence
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