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Cryptopolitan 2021-08-24 14:20:48

Solana Price Analysis: SOL/USD slowly consolidates above $75, targets $82 next?

TL;DR Breakdown Solana price analysis is bullish on today’s session after  bulls rallied 5.98 upwardsSOL/USD is heading towards $77 after a slight correction to the $75 – $76 zonewe expect SOL/USD to gain more percentages later today and cross past $80.  Solana Price Analysis: General Price Overview Solana price analysis is bullish on today’s session after the bulls rallied by more than 5.98 percent in the last 24 hours. SOL/USD started a gradual uptrend in the early morning session after rebounding from yesterday’s support at $68. If the market bulls sustain the current pace, they are likely to cross the $81 target and continue an upward trajectory towards the $100 mark.  The general cryptocurrency market has been trading in the neutral zone with few retracements here and there and several gains across some markets. Some losers include Bitcoin, which has already corrected below the $50K mark by 1.82 percent; Ethereum, which has shed 0.56 percent of its value; and Binance Coin, which has lost 1.41 percent. The best performer of the day is Cardano(ADA), after rallying 2.00 percent in the past 24 hours.  Solana price movement in the last 24 hours: Solana consolidates above $75 SOL/USD traded within a moderate range of between $73 – $79, suggesting a moderate amount of volatility in the past 24 hours. Daily trading volumes skyrocketed by 54 percent to a record $1,833,958,434. On the other hand, th...

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