According to CoinMarketCap, most coins today are in the green zone.
SOL/USD
Solana (SOL) is one of the stocks that gained the most today, up 8.83%.
On the hourly chart, SOL price may have set a local resistance level at $106.40. At the moment it is advisable to pay attention to the daily closing of the candles.
If this happens near that level, one could expect a breakout, followed by a move towards the $107-$108 zone.
Considering the longer time horizon, the situation is less bullish. The rate is trading away from major levels, meaning neither bulls nor bears have taken the lead yet. In this case, the most likely scenario until the end of the week is a sideways trade in the $100-$110 area.
SOL price is rising after the last bar closes. If the current candle closes without a long wick, the upward move could lead to a test of the $120 zone next week.
SOL is trading at $104.74 as of this writing.
