Will Solana keep on moving?
Solana has been climbing up in value while the market was in correction. As expected, many people keep on looking at the chart and asking if the rally is going to stop in the foreseeable future.
Let’s dive into the numbers. Right now, Solana is at about $186.75. This is after a big jump from prices like $118.98, which was a strong “support” level. Support is like a floor, below which the price does not want to go. For Solana, the resistance is near $200. If the price breaks through this roof, it could go even higher, securing ATH potential.
Ethereum’s promising picture
Lately, Ethereum has been drawing a triangle on the price chart. This is not just any shape; it is what traders call a “symmetrical triangle pattern.” When we see this pattern, it usually means that a big price move could happen soon, but we cannot tell if it will go up or down.
Ethereum’s price has been going up and down between two lines that are coming closer together. The top line is sloping down, and the bottom line is going up. Right now, Ethereum is around $3,442.7. The lines meet around the price of $3,000, which is a very important spot to watch.
