Solana Gearing Up for a Significant Upward Movement: Can SOL Price Make It to $175?
Following a brief upswing, the bulls have drained a bit, as the prices of popular tokens struggle to break through their respective resistance levels. Meanwhile, one of the altcoins, Solana, is maintaining an ascending trend and leading the gainer lists among the top 100 tokens within the market. Therefore, it suggests that the SOL price could maintain a healthy upswing for the rest of the day, which may help the rally reach the crucial resistance shortly.
After a sustained period of growth followed by a retracement, the SOL price is now gearing up for a notable uptrend. The market indicators suggest that the crypto has undergone a necessary correction, which has now set the stage for a resurgence towards its previous all-time highs. Moreover, with investor sentiment being buoyant and the technicals suggesting a continuation of a bullish trend, the Solana price is believed to maintain a huge upswing and form a new ATH in the coming days.
