Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- Solana (SOL) surged significantly higher in today’s session, after finally breaking its long-term ceiling at 25.00.
After trading at a bottom of 24.17 on Thursday, SOL/USD jumped to an intraday high of 27.29 earlier today.
Friday’s move is the highest point that solana has hit since July 20, when the price peaked at 27.35.
As a result of this strong sentiment, SOL has risen into overbought territory, with the RSI climbing to a current reading of 74.60.
A point of resistance now awaits current bulls at the 75.00 mark, and should they prevail, solana could capture 28.00.
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