Three technical indicators are signaling potential growth in the price of Solana (SOL). A parallel channel has formed, indicating a consolidation phase may be ending. The TD Sequential buy signal is also present, suggesting that SOL's price may soon break above resistance levels. Additionally, the MACD indicator has produced a golden cross, which typically precedes an uptrend.
Source
"Solana Flashes Three Bullish Indicators" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
This combination of signals has led some analysts to revisit the idea that Solana's price could reach $100.
SOL · 7D · $76.17+3.2%
