Solana confirms a bullish signal, which last sparked 100% SOL price gains

CoinTelegraph3h agoUpdated 2h ago
Solana confirms a bullish signal, which last sparked 100% SOL price gains
Smart Read

A bullish signal from Solana’s MACD indicator hinted at a potential rally, though resistance at $90 could delay the recovery....

Key takeaways

  • 1Solana's MACD indicator is showing a bullish signal that previously preceded 100% SOL price gains
  • 2SOL faces resistance at the $90 level which could delay any potential recovery
  • 3The technical pattern suggests potential for a rally if resistance is broken

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Why it matters

This bullish technical signal could drive SOL price movements, affecting Indian retail investors holding or considering Solana positions in their crypto portfolios.

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