Within the past 24 hours, the overall crypto market has experienced a modest increase in both the market valuation and the trading volume.
Bitcoin and Ethereum, two of the most prominent cryptos, are both trading sideways following the recent upward trends.
While this was going on, Solana demonstrated bullish moves by crossing resistance levels at the $180 level.
A price increase of 5% has been observed in Solana during the previous day, as indicated by data from CoinMarketCap. The price of the coin dropped to $168 in the late hours of July 19, after which it had been trading at $170.
A day-to-day low of $156.07 was reached by prices on July 19, which was a significant drop.
On the other hand, as the day progressed, SOL displayed bullish candles and surpassed resistance at $160. The coin is currently trading for $170 at the time of this writing.
In addition to this, the daily trading volume of Solana was observed to have increased by 33.18%. Will SOL drop or reach $200?
