Biggest Movers: SOL Rallies Towards $30, Following 33% Price Surge.
Solana (SOL) is close to entering the $30.00 level on Saturday, as bullish momentum continues to increase.
SOL/USD peaked at $29.74 to start the weekend, following a low of $26.39 the day before.
Today's move saw Solana rise to its strongest point since July 14, when the price hit a high of $32.40.
Overall, solana has risen as much as 33% in the last seven-day period, with today's surge causing another breakout on the relative strength index (RSI).
The upward price strength surpassed the upper limit of 74.00 earlier in the day, and is now at 78.90.
Since SOL is now significantly overbought, it is possible that bears will wait to lower the price.