[Analysis] "Solana breaks through $211, approaches resistance…Investor sentiment hits 11-week high"

Source
Suehyeon Lee

Summary

  • Santiment reported that Solana broke through $211.70 and is nearing the price resistance.
  • Santiment stated that investor sentiment has hit its highest level in 11 weeks.
  • Currently, Solana is trading at $204.31, up 4.03% from the previous day.
Photo=Santiment
Photo=Santiment

Solana (SOL) continues its upward trend, with investor sentiment reaching its highest level in 11 weeks.

On the 28th (local time), on-chain information platform Santiment reported via X, "Solana has broken through $211.70 and is approaching the price resistance formed last February."

Alongside this, investor sentiment has turned bullish. Santiment explained, "Individual investors have recently posted positive comments about Solana 5.8 times more than negative ones, which is the highest in 11 weeks."

Meanwhile, Solana is currently trading at $204.31 on CoinMarketCap, up 4.03% from the previous day.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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