Solana’s price increased by over 10%, and the volume went up by more than 200%. Market indicators and on-chain performance suggested a continued surge. Solana [SOL] has been surprising investors with its massive gains over the last few hours. Solana’s price increased by more than 10% in the last 24 hours, making it the highest […]
Market indicators and on-chain performance suggested a continued surge.has been surprising investors with its massive gains over the last few hours. Solana’s price increased by more than 10% in the last 24 hours, making it the highest gainer among the top 10 cryptos in terms of market capitalization. At the time of writing, it wasInvestors can expect SOL’s price to pump further in the coming days as the market indicators were pretty bullish.
The Bollinger Bands revealed thatAs per the Exponential Moving Average Ribbon, the bulls, and the bears were in a battle to flip each other. Considering the rest of the indicators, it was very likely for the bulls to turn out victorious.The unprecedented surge was backed by a massive uptick in trading volume. As per CoinMarketCap, SOL’s volume increased by more than 200% in the last 24 hours.
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