Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday.Solana climbed to a three-week high to start the week, as the token moved towards the $40.00 level
Today’s rally comes as the toke rose past a key resistance level of $36.30 for the time since August 19.As seen from the chart, Monday’s rally came as the 10-day moving average crossed its 25-day counterpart for the first time in over a month. This is marginally below a ceiling of 64.05, which will likely be the main hurdle preventing prices from rising above $40.00.Near protocol was another notable mover to start the week, with prices nearing a one-month high.
Monday’s surge comes as near protocol rose for a sixth consecutive session, with today’s top the highest point it has reached since August 16.This recent rise in bullish momentum comes following an upwards crossover of the 10-day , and 25-day moving averages last week.
I continue to actively spend usdt to buy $SOL
Sold most of my sol for usdt back in the day, bought btc with it, still can't say I regret anything
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