Over the last week, the price of Solana has risen. During the same time frame, SOL surged close to 17%. Although the bulls were in the market, SOL was not entirely out of the woods. The price was dragged to the $21 mark recently after the bears attempted to drag the price down.

The technical outlook of Solana depicted that the bulls were present on the one-day chart. Buying strength registered an increase as demand also moved up. With demand going north, accumulation also noted a positive change.

The asset’s price must remain above the $21 support level; otherwise, a fall through that price mark will bring the bears back in full force. As Bitcoin tries to break past the $28,500 level, other altcoins also attempt to target their immediate price ceiling.

(by anushsamal)