Solana (SOL) Price Analysis: This Support Might Trigger Fresh | Bitcoin Networks

Solana (SOL) Price Analysis: This Support Might Trigger Fresh Increase

Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could is correcting lower, but it might find bids near the $23 zone.

Solana (SOL) Price AnalysisSOL price remained in a bullish zone above the $20 and $21 support levels. The bulls were active near the $20 zone. A base was formed and the price started a decent increase above the $22.00 level.

There was a steady increase above the $25.00 level and the 55 simple moving average (4-hours). The pair even climbed above the $26.50 level. A high was formed near $27.12 before there was a downside correction. The price declined below the $25 support zone.