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Solana Price Tests Key Resistance Between $79 and $85
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Solana is testing a resistance zone between $79 and $85, where about 105 million SOL previously changed hands, according to the source’s URPD data. The range is significant because many holders may choose to sell near their breakeven prices, increasing resistance. The next moves will depend on whether SOL breaks above this zone or is rejected. The source identifies $100 and $127 as upside technical targets if resistance is cleared, while $53 is the next support level if selling intensifies.
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