Solana Price Climbs To $47 As SOL Bulls Outshine Pesky Bears

Solana (SOL) price has locked its sights on the goal from day one. Solana’s price is extremely bullish Price spiked aggressively to $47 SOL/USD pair key resistance spotted at $49.5 Evidence to that, SOL price has behaved extremely bullish as the price surged to $47. The bulls have been consistent with orchestrating an uptrend for a couple of days now. Related Reading: Monero (XMR) Climbs Over 7% Before Weekend Hard Fork Solana Showing Uptrend Signals Despite Correction In fact, due to stubborn resistance, the price of SOL spiked to $48.4 early yesterday. It was apparently a short-term surge and then the price went back to the same level. Notably, the SOL/USD pair continues to move forward incrementally. The next resistance for the pair is spotted at the $49.5 mark. On a one-day timeframe, SOL price has shown an impressive uptrend a few hours ago as it trades at $47. Additionally, the SOL/USD pair price has also dipped in value by 0.40% as observed in the past 24 hours. According to CoinMarketCap, the SOL/USD pair is experiencing correction and is now trading at $44.34, or a drop of 5.65% as of press time. Total volume for SOL has increased by 42.05% or currently at $1,372,667,870. Solana’s price also recorded a profit of 18.93% as seen in the past couple of days as the price has been on an uptrend. Volatility has been on a rise for SOL as presented on the divergence of Bollinger bands which hints at spiked volatili...