Solana (SOL) Sees Impressive Gains After Market Crash
Today’s top gainer stock, Solana (SOL), has shown significant growth in the cryptocurrency market following a recent market crash. According to reports, SOL has rebounded and surged by 40% in just two days, reaching levels around $150 after hitting a low of $110.
Market Resilience of Bitcoin and Ethereum
Despite the market turmoil, Bitcoin and Ethereum have displayed resilience with BTC rising by 4.38% and ETH surging by 1.18% in the past 24 hours. BTC is trading above $57,000, while ETH remains above $2,400, signaling a positive trend in the market.
Potential Continuation of Bull Market for SOL
Market analysts predict that Solana could continue its bullish trend, supported by multiple positive factors. The bullish pennant pattern on the daily chart and the 200-day moving average acting as strong support indicate a potential breakout above $169.34 and a push towards the $184 area.
