Solana price side Mild signal GOOTION for Juma up to $ 150

Solana bounced, after slaming at 13 months at low weekly, as they picked up some popular memes in their ecosystem.

Solana (Salt) It rose to $ 125 on Saturday, more than over 30% of its lowest level this year, bringing their market hat at over $ 64 billion.

The current recovery is partly due to the recent performance of some tokens in its ecosystem. FartCoin (Ftrcoin) The price rose over 81% in the last seven days while Popcat (Popcat) is 57%.

The other top performance of Solana Tokens were Gigachat, Goatseus Makimus, Fartboi and Vine. Their jump helped abolish the total market cap of all solic memes coins at over $ 7.02 billion.

Solana’s decentralized exchange network also performed the protocols in its ecosystem, which deals over $ 14 billion in the last seven days and $ 46 billion in the last thirty days. Most of these volumes was in orca, Raidium and Pump.

Data Nansen shows that Solana has processed over 350 million transactions in the last seven days, which makes it one of the most active chains in the Cripto. This is an increase of 4.8% since the previous week. Also, active addresses jumped by 15% to over 28.13 million.

Technical analysis of the prices of Solana

Technicals are shown on possible Skokov Sol Propoviti after forming a falling pattern of wedge. This form contains two weights and convergent trends and is a popular sound of Bulla-Reversal.

The two lines were converted at a crucial support level that avoided movement below several times since last year. Also, a relative power index and MACD indicators continued to grow this week.

Therefore, the coin will probably have a strong bullish break. The next point to view is $ 150, more than 20% above the current level. The fall below key support to $ 110 will not undo the Bullish look.