Solana jumps past key selloff junction: SOL price eyes $150 in April By Cointelegraph

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Solana jumps past key selloff junction: SOL price eyes $150 in April

Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April.

To recap, SOL’s price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history.

daily price chart. Source: TradingView
SOL/USD daily price chart featuring ‘Golden Cross.’ Source: TradingView
Solana daily price chart featuring S/R flip and RSI divergence. Source: Delphi Digital
SOL/USD daily price chart. Source: TradingView