Solana (SOL) has been one of the best performers in the altcoin market for the past week and is approaching $30. 🚀

Main support levels: $22, $20

Main resistance levels: $25, $28

1. The big ongoing rally

Having successfully broken out of the downtrend, SOL started a massive rally that increased its price by over 25 percent this week. This impressive performance moved Solana just below the key $25 resistance level. If this momentum continues, the next target will be $28.

2. Is $30 likely?

The most important resistance will be found above $30, the previous peak in July. Solana may have the strength to reach this level, but it would be surprising if he passes it on the first try.

3. Bullish crossover starts a buying frenzy

The 3-day MACD has completed a bullish crossover and buying pressure has exploded this week. This is a major change in market momentum and could continue for some time before SOL enters into a significant correction.

Bias for LEFT: Bull

Short term SOL price prediction

The biggest targets on the chart are $28 and $30. At this pace, Solana is likely to reach them. The biggest question is whether SOL can sustain its price at these levels. In the past, sellers emerged strongly when the price reached $30.