Solana price is bullish, up 25% from the September 10 low of $17.33 with a commitment to more upside potential. SOL could rise 10% to breach the 100-day EMA resistance at $24.40 if bullish momentum grows. With Bitcoin, Ethereum, and Ripple still struggling, it may be premature for the purported ETH killer to go up solely. Invalidation of the bullish outlook will occur upon a three-day candlestick close below the $critical support at $17.80. , the crypto top three.
The lagging Awesome Oscillator is equally positive, green-toned and holding above the zero level. Increased buying pressure above current levels, steered by buying momentum from the $21.27 buyer congestion level marked by the 50-day Exponential Moving Average could see Solana price breach the immediate barricade at $24.40. This roadblock is presented by the 100-day EMA.