#Solana (SOL)

Amid increased price volatility, the Solana price has jumped 5.56% over the past week. With this, it has successfully retested its crucial support level of $127. Presently, the #SOL crypto token is on the verge of testing its resistance of EMA 200-day, the outcome of which is uncertain.

The Relative Strength Index (RSI) continues hovering close to its neutral trendline in the 1D time frame. Further, its average shows a bullish curve, suggesting that the price may continue gaining value during the upcoming week.

If the bulls push the SOL price above its 50-day EMA, the altcoin will head toward its upper resistance level of $155. On the flip side, a trend reversal could pull the price toward its low of $127.

$SOL

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