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The weekend’s correction might have finished, according to CoinStats.
SOL/USD
The price of Solana (SOL) has gone up by 0.56% over the last day.
On the daily chart, the rate of SOL is closer to the resistance than to the support. If bulls’ pressure continues, one can expect a test of the $259.80 level, followed by its breakout to the $270 area.
SOL is trading at $251.35 at press time.
BNB/USD
Binance Coin (BNB) is more of a gainer than SOL, rising by 2.05%.
The price of BNB is neither bearish nor bullish, even though it is not far from the resistance. In this regard, traders should pay attention to the candle’s closure in terms of its peak.
Related
If it happens near $675, there is a possibility to witness a blast to the vital zone of $700.
BNB is trading at $662.60 at press time.
