.jpg "SOL and DOGE Price Analysis for January 2")
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Bulls are back in the game, according to CoinStats.
SOL/USD
Solana (SOL) is the biggest gainer among the top 10 coins, rocketing by 7.76%.
Despite today’s sharp rise, the price of SOL is trading in the middle of the channel, and one should focus on the daily closure.
If it happens near $118, the accumulated energy might be enough for a move to $125. In another case, sideways trading between $105 and $115 is likely to continue.
SOL is trading at $113 at press time.
DOGE/USD
The price of DOGE has risen by 2.24% over the last day.
Today’s rise has not affected the technical position of DOGE on the daily time frame. If the bar closes with a long wick, bulls have low chances to seize the initiative again. In this regard, traders may witness a correction to the $0.09 area.
DOGE is trading at $0.09219 at press time.