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Solana Has Been on a Bullish Momentum for Three Days in a Row

Published 2023-01-02, 05:25 a/m
© Reuters. Solana Has Been on a Bullish Momentum for Three Days in a Row

  • SOL has been on a bullish trend for three consecutive days.
  • A positive bullish trend indicates further gains towards $13.
  • Technical indicators show that SOL has the potential to go higher.

As the price trend has been moving upward for the last three days, the bulls are currently in control of the SOL market. The cost of Solana rose to $11.04 as a result of the rise in demand.

Indicating significant buying activity, the market cap surged by 12.62% to $4,046,010,183, while the 24-hour trading volume likewise rose by 9.02% to $281,949,622.

SOL/USDT 1-Day Trading Chart (Source: Coinmarketcap)

The post Solana Has Been on a Bullish Momentum for Three Days in a Row appeared first on Coin Edition.

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