$SOL Weekly RSI Hits 70: A Bullish Signal?
2024-11-19

CRYPTOCAP:SOL  Weekly RSI Hits 70: A Bullish Signal? 🚀

Solana's weekly RSI has reached 70 for the first time since November 2023. Historically, every time the RSI touched this level, it marked the beginning of a bullrun that lasted for several months.

What This Means:

#Bullish Momentum: RSI at 70 indicates strong upward momentum and growing buyer interest.
Historical Pattern: Past runs suggest this rally could continue well into March 2025, aligning with market cycles and ecosystem growth.
Key Takeaways:

#Solana's fundamentals, combined with this technical indicator, point to sustained growth ahead. While short-term volatility is expected, long-term holders may see significant gains.

