Summary
TLDR: Solana’s RSI indicates limited selling pressure, suggesting a potential price shift. The high number of DEX trades and daily unique transaction signers indicate increasing user activity on the network. The price could potentially reach $200 if it breaks resistance at $150. Shorter-term EMAs crossing above longer-term EMAs suggest a bullish trend. Despite Binance suspending Solana withdrawals, the price remains stable. Always conduct your own research before making financial decisions.
Key Points
1. Solana’s RSI is at healthy levels, indicating limited selling pressure and a potential directional price shift.
2. Solana could reach 1 million daily users soon, with a significant increase in DEX trades and unique transaction signers.
3. SOL price prediction eyes $200, with resistance levels at $150 and support at $148, suggesting a possible bullish trend continuation.