SOL cryptocurrency trades up $0.179, approximately 1.04% higher this morning

After closing the previous trading day at $17.13, Solana is up to $17.31, which makes for a move of 1.04%/$0.179 today.

As the day gets underway, chart analysis suggests Solana could be slowing down soon as it approaches resistance at $17.86. Of course, crossing it might suggest further gains are ahead. Price action overcame a known Fibonacci resistance level at $17.28 by around $0.022 with prices hammering out a $17.1 – $17.33 session range.

Solana shows positive signs, other assets are also on par: FTX Token rallies 9.54% to trade around $1.36.

At the same time, EOS is down to $0.725, losing $0.01, after closing at $0.735 in the preceding trading session. Ripple is down $0.004 from the beginning of the session and now trades around $0.491.

Solana reached a significant high of $46.6 around 10 months ago but has lost 63.25% since then. Solana has a market cap of 6.92 billion with an average daily volume of 366.89 million.