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SOL and MATIC Price Analysis for October 27

Thu, 27/10/2022 - 14:52
SOL and MATIC Price Analysis for October 27
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Bulls keep controlling the situation on the cryptocurrency market as all of the top 10 coins are in the green zone.


Top 10 coins by CoinMarketCap


Solana (SOL) is one of the biggest gainers today, rising by 3.11%.

SOL/USD chart by Trading View

On the daily chart, Solana (SOL) has entered the bullish zone after the breakout of the vital $30 mark. At the moment, one should pay attention to the $32 mark.


If the bar closes above it, growth may continue to the nearest resistance zone around $34.

SOL is trading at $31.74 at press time.


MATIC could not follow the growth of the market, going down by 0.28% over the last 24 hours.

MATIC/USD chart by TradingView

MATIC is not looking as bullish as Solana (SOL) as the price keeps trading in a wide range. At the moment, the rate has reached the interim resistance at $0.9413. If the volume rises or at least remains on the same level, the breakout of the mentioned mark could lead to an upward move to $0.9849.

MATIC is trading at $0.9393 at press time.


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