hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark.
SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process.
This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96.
Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00.
it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84.
Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there.
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