Solana Gains Momentum, Targets Key Resistance at $67

The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Solana’s price correction seems to have come to an end, as buyers gear up for their next move. The key support levels to watch are at $44, while the key resistance levels are at $67. In the past 24 hours, Solana’s price has increased by 12%, which is an impressive performance in such a short period of time. However, it is worth noting that the volume has been making lower highs, indicating that if the momentum is to continue, buyers will need to step up even more.One significant development on the chart is the resistance level at $67. Bears were unable to push Solana below $50, and since then, they have lost control of the price. Breaking the resistance at $67 could potentially propel SOL towards three-digit figures.Another positive sign is the daily Relative Strength Index (RSI), which has been making higher highs. This confirms that buyers are currently in control and could potentially drive Solana towards the key resistance level.Overall, the bias for SOL is bullish, suggesting that the outlook for the cryptocurrency is positive. With the correction phase seemingly over, Solana’s path is now open to challenge the resistance at $67 once again and aim for new highs.Please note that the information provided is based on the context and should not be considered as financial advice. It is always recommended to conduct thorough research and analysis before making any investment decisions.

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