According to the on-chain expert, SOL continues to rise in silence as investors appear to be concentrating on Ethereum. Even though ETH has surged significantly to a new all-time high, Darkfost highlights that SOL might be gearing up for a similar upswing to a new all-time high in the near future.
Darkfost also highlighted a positive development in the Relative Strength Index (RSI) indicator. Presently, the RSI indicator is holding strongly above the 50% level, suggesting a positive momentum.
As the price quietly increases, a short-term range is being broken. Darkfost noted that a verified daily close above $210 should signal the start of the next bullish wave (3), with a minimum objective (1-1.27) between $250 and $300. This aligns with both the BAT target and a strong liquidity zone starting at $275.
