June 21 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. At the time of writing, SOL's 4-hour timeframe was bearish and its buying volumes decreased at the range-high of $16.11.
SOL has been in a range formation since June 10 and received a boost from Bitcoin's upswing and Solana's NFT performance.
The RSI was above the 50-mark at press time but registered a downtick, indicating recent buying pressure eased after SOL hit the range-high of $16.11.
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