Solana bulls holding ground at $90 spells bullish breakout

20 בפבר׳ 2022

Solana (SOL) price action has been delivered to the mercy of bears for the moment, but those same bears could be facing a surprise to come as early as next week. Although bears are squeezing bulls against the $90-handle and investors have already stepped in multiple times these past few weeks to save SOL price action from falling, the Relative Strength Index (RSI) is flatlining to slowly grind back higher, pointing to a bullish breakout. Expect as soon as next week to see the price shoot back up first to $120, breaking the high from last week and next target $146 to the upside, holding 55% gains.