Solana Price Analysis: SOL swing high continues past $136; should we expect $140?

TL;DR Breakdown Solana price analysis trades bullishly on the 24-hour market A broad daily range starting from a daily low of $110 to a daily high of $136,As of this writing, SOL/USD trades at $136 Solana price analysis trades bullishly on the 24-hour market after the market set a higher low at $110. Therefore, we are anticipating the layer one smart contracts token pair SOL/USD to post further gains in the course of the day. The overall cryptocurrency market performed bullishly over the last 24 hours. Market leaders, BTC and ETH, went on to record an increase in the price of 1.70 percent and 0.55 percent, respectively.  Solana price movement in the last 24 hours: Solana sets another lower low at $110 According to the daily Solana price analysis, the SOL/USD pair traded within a broad daily range, starting from a daily low of $110 to a daily high of $136, showing strong volatility over the last 24 hours. The total Solana trading volume surged by 58.93 percent and sums $5.85 billion, while Solana’s market cap trades around $39.12 billion, ranking SOL at position #7 overall. SOL/USD 4-hour chart: SOL starts to rally On the 4-hour Solana price analysis chart, we can observe as Solana price action begins to rally again in the direction of the $138 price mark, which upon crossing could make the possibility of the $140 and $150 targets within reach. SOL/USD 4-hour chart. Source: TradingView Solana’s price action has witnessed a rap...