Solana (SOL) Recovers, but Key Resistance Levels Continue to Cap Upside Attempts
Solana started a recovery wave from the $128 zone. SOL price is now consolidating and faces hurdles near the $142 zone. SOL price started a decent recovery wave above $132 and $135 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $142 and $145. Solana Price Eyes Steady Recovery Solana price remained stable and started a decent recovery wave from $128,....
Related News
Bitcoin started an upside correction from the $18,223 low against the US Dollar. BTC climbed above $19,000, but it is now facing resistance near the 100 hourly SMA. Bitcoin traded as low as $18,223 before it started an upside correction. The price is still trading below $20,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $19,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the trend line and the 100 hourly SMA to continue higher towards $20,500. Bitcoin Price Recovers Above $19,000 Bitcoin....
Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $165 and $166. Solana Price Attempts Recovery Wave Solana price failed to remain stable above $175 and started a fresh....
Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to rise further if there is a proper close above the $2,000 resistance zone. Ethereum Price Starts Decent....
Bitcoin is attempting a recovery wave above $21,500 against the US Dollar. BTC must clear the $22,650 resistance zone to move into a positive zone. Bitcoin is slowly moving higher above the $21,400 and $21,500 levels. The price is now trading above the $21,400 level and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $22,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover higher, but the bears might remain active near the $22,650 zone. Bitcoin Price Attempts Recovery Bitcoin price seems to be....
Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,480 and $3,520 resistance levels to continue higher. Ethereum Price Recovers Slightly Ethereum price started a decent recovery wave above the $3,350....