Solana (SOL)
Solana experienced a notable increase in price, reaching a one-week high during today’s session.
- Price rose to a high of $21.99 after dropping to $20.66
- The token hit its strongest level since last Thursday
- Bulls took advantage of the drop below $20.00 support
- The 14-day relative strength index (RSI) reached 44.00
- Current RSI is 40.38, with earlier gains fading
BNB
Similar to Solana, BNB also reached a one-week high on Thursday, following recent bearish sentiment.
- BNB/USD peaked at $216.39 after hitting a bottom of $204.40
- BNB has climbed higher for a third straight day
- RSI broke out of a resistance zone at 30.00 and is currently at 32.93
- Next visible resistance point is at 37.00
- BNB may trade beyond $220.00 if momentum continues
Hot Take:
Both Solana and BNB have seen positive price movements recently. Solana reached a one-week high, while BNB climbed higher after trading at a one-year low. These increases were prompted by support points and bullish sentiment. The RSI for both tokens indicates potential for further gains. If momentum continues, both Solana and BNB could see even higher prices in the near future.
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