Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%.SOL/USD surged to a peak of $21.49 earlier in today’s session., which comes after Sunday’s low of $20.65.
As a result of this rally, solana moved to its strongest point since last Monday, when price was close to $22.00.One of the catalysts of today’s gains came as the 14-day relative strength index broke out of a ceiling at 45.00.Should current sentiment extend throughout the week, there is a good chance SOL will near its long-term resistance at $24.00.
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