Solana Price Analysis: SOL/USD rallies to $144, targeting $150?

Solana price analysis is indicating bullish momentum on the daily chartSOL/USD moved within a daily trading range of $137  – $145SOL/USD pair has begun to rally again after a retracement to $137 Solana price analysis is indicating bullish momentum on the daily chart following a  breakdown from the daily high of $144 to a retracement towards the $137 trendline. Therefore, we are expecting SOL/USD to consolidate strength near the $140 support and advance strongly towards the $150 next psychological support.  The overall cryptocurrency market is trading bullishly with market giant  Bitcoin breaking above the $50K zone and Ethereum missing the $4K mark by only a few points. Solana is among the best performing coin of the week after rallying from $90 to $140 since Monday. Ripple (XRP) is the worst performer of the day after retracing in the last 24 hours by 2.56 percent. Solana price movement in the last 24 hours: Dropping Volumes According to our 24-hour candlesticks on the Solana price analysis, SOL/USD moved within a daily trading range of $137 – $145 and raked up to $2.8 billion in trading volume after a 40 percent drop. Coin Market Cap data recorded Solana’s market capitalization at $40.1 billion following a 3 percent negative change in the 24 hours. The layer 1 smart contracts platform is the most sought-after token after Cardano and ranks at number 7 among the top ten altcoins by market domin...