Solana Rises but Is Unable to Stay above $170
The price of Solana (SOL) has retraced above the 21-day SMA but is unable to stay above $170. The cryptocurrency's price is rising as it approaches and retests the resistance level at $188.
The altcoin will fully rebound if it overcomes resistance at $188. SOL will return to the prior high of $210. However, Solana has surged to a high of $169, where it is confronting another obstacle at $173.