- At the time of writing, SOL is trading at $60.76, up 8.52% in the last 24 hours.
- If the price manages to break the $65.9 level, it is likely to test the resistance level at $88.4.
and most altcoins have benefited from the current bullish momentum. Late Tuesday, Bitcoin price began to rise as Federal Reserve Governor Chris Waller signaled a possible economic slowdown and continued moderation in inflation, praising the “right point” for current policies.
Additionally, Waller said there is a strong case for rate cuts in the coming months if inflation continues to decline. A change in interest rates could historically cause a shift in market sentiment.
Several liquidity pools on Binance Liquid Swap are being removed from Binance. By December 6th, the cryptocurrency exchange plans to delist many well-known liquidity pools, including Solana (SOL). Users can effortlessly trade crypto tokens with Binance Liquid Swap and become liquidity providers by earning transaction fees and BNB incentives.
Bulls dominate
The price of has risen to over $38,000, while the price of has increased to over $2,000. Solana’s price is up more than 8% in the last 24 hours and more than 85% in the last month, peaking at around $66. The price found support at the $54 level yesterday and started a new rally. Furthermore, it broke the key resistance level at $59.6.
Source: CoinMarketCap
At the time of writing, SOL is trading at $60.76, up 8.52% in the last 24 hours, according to data from CoinMarketCap. Furthermore, trading volume increased by 62.77%. If the price manages to break the $65.9 level, it is likely to test the resistance level at $88.4. On the other hand, if the price falls below the $57.6 level, it is likely to test the $56.3 support level.
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