Sol increased by 15 %, as the bullish mood continues to increase - market tactualizations

Solana expanded the recent profits on Wednesday, since the Token rose by up to 15 % in today's session. The movement caused the prices to reach their highest level since mid -December and therefore comes that the market mood has shifted in an interest bullish direction. Cardano was also in the green area because it achieved a one-week high today.

Solana (sol)

Solana (Sol) rose for the sixth time in a row on Wednesday, since the market dynamics remain bullish.

Sol/USD earlier a high of $ 14.10, less than a day after trading at a low of $ 11.83

In today's rally, the token climbed to its highest level since December 15, when he recently collided with a resistance level of $ 14.50.

If you look at the diagram, the increase will come on Wednesday when Sol has exceeded a 53.00 upper limit on the relative strength index (RSI).

At the moment the index is 59.79, the strongest point since November 6th.

bulls in Solana will probably continue to try to break through an upper limit of $ 14.50 in the coming days.

Cardano ( ada )

Another remarkable winner on Wednesday was Cardano ( ada ) who previously climbed at a weekly high.

after a low of $ 0.2505 on Tuesday ada /usd raced earlier in today's meeting of 0.2668 $.

In this movement, the token collided with a long -term resistance level of $ 0.2660 and reached the highest level since December 27th.

As can be seen from the chart, this rally has pressed the RSI on its own resistance of 47.00, which caused earlier profits.

The index is currently 46.75, with Cardano being traded at $ 0.2649 before the meeting protocol of the US Federal Reserve.

The moving average of 10 days (red) and its 25-day counter (blue) also approached, which could later be a catalyst for an upward cross.

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Do you expect Cardano to break his current level of resistance this week? Share your thoughts in the comments.

Eliman Damell

Eliman brings an eclectic view of the market analysis, he was previously a broker director and trainer in retail. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange.

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