Solana (SOL) continues its upward trend this week, rising above the $150 level on Monday.
Solana price today: $151.73 Solana price increases 3% on Monday, posting a four-consecutive day of gains. The number of holders of Solana -based meme coins has jumped in the past 30 days, as have transactions and active addresses in the network. SOL could extend gains by nearly 12% to target resistance at $169. Solana continues its upward trend this week, rising above the $150 level on Monday.
Two momentum indicators, the Relative Strength Index and the Moving Average Convergence Divergence , support the bullish thesis. While the RSI reads 58.11 on Monday, above the neutral level at 50 and far below the overbought zone, the green histogram bars above the neutral line on the MACD indicator point towards a positive underlying momentum in SOL price. SOL could rally 11.70% from the current level of $151.73 towards the key resistance at $169.
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