None
EN
Solana Price Prediction: Bullish RSI Divergence Emerges as SOL Holder Count Drops 5%
['Tia Avet', 'Analyst', 'Covering Cryptocurrency Markets', 'Policy', 'Regulation. With Over Seven Years Of Experience In Business', 'Marketing Development', 'She Has Spent The Past Two Years Specializing In Digital Assets.', 'Min Read', 'August']
Coinpaper
is showing early signs of a possible rebound as bullish RSI divergence develops on the weekly chart near $73.
However, a 5% drop in wallets holding at least 0.1 SOL signals weaker participation and keeps the broader SOL price outlook uncertain.
Bullish RSI Divergence Builds on SOL’s Weekly ChartSolana’s weekly chart shows a developing bullish divergence, suggesting selling momentum may be weakening even as SOL trades near its recent lows.
Image name: SOL RSI Divergence.
Price has formed a lower low, but the RSI has produced a higher low, creating the bullish divergence marked by the green trend lines.