Crypto Assets Reach Milestones as Rallies Continue
Solana (SOL), Zcash (ZEC), Chainlink (LINK), and Cardano (ADA) have all reached significant technical milestones, with each asset facing key resistance levels after strong recent rallies. Solana has decisively broken above its 200-day moving average at $90, solidifying a robust bullish trend.
The price of Solana is currently trading around $119, having passed the significant $100 psychological milestone and extending gains from the $75-$80 range reached in August. Immediate resistance lies between $120 and $122.50, with further targets potentially including $125 and $130.
Zcash has sustained an aggressive uptrend, with the price recently attempting to breach $1,600 before settling near $1,585. Although a pullback followed a brief rally to around $1,680, Zcash continues to register higher highs and higher lows.