Solana Price At Crossroads: $129 Support, $144 Resistance Set Stage For Next ...
Solana’s price action over the past 24 hours has been marked by a decisive move above the $135 level, a development that could signal growing bullish momentum. This breakout follows several days of sideways movement, during which the Solana price traded within a narrow range between $124 and $135. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Although the recent move above this consolidation zone hints at a potential upward continuation, on-chain data reveals that significant resistance awaits near $144, which may serve as the next major test for bulls.....
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Solana started a fresh decline from the $155 resistance. SOL price is down over 10%, but the bulls are now protecting the $132 support. SOL price started a strong decline from the $155 resistance against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There was a break below a connecting bullish trend line with support at $150 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could correct losses unless the bulls struggle to protect the $132 support. Solana Price Dives 10% Solana price struggled to continue higher above....
Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term. SOL price started a fresh decline after it struggled near the $185 zone against the US Dollar. The price is now trading below $172 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $172 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a decent upward movement if it stays above the $165 and $162 support levels. Solana Price Holds Support Solana price....
Solana started a fresh increase from the $165 zone. SOL price is showing signs of strength and might climb further above the $182.50 resistance. SOL price started a decent upward move from the $165 support against the US Dollar. The price is now trading near $175 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $170 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could aim for more upsides if it clears the $182.50 resistance level. Solana Price Remains In Positive Zone Above $165 Solana price....
Solana (SOL) has recently surged to a crucial price level, setting the stage for a pivotal moment that will shape its foreseeable future. This cryptocurrency’s price trajectory is now at a crossroads, as it eases off the recent bullish breakout that captured the attention of investors worldwide. Trading at $31.40 on CoinGecko, the cryptocurrency has experienced a 0.6% gain over the last 24 hours, accompanied by an impressive seven-day rally of 28.6%. Despite this promising trajectory, several key resistance and support levels are shaping the future of SOL. While the $30 mark remains....
Solana started a fresh decline below the $132 support zone. SOL price is now consolidating and might struggle to recover above the $126 resistance. SOL price started a recovery wave from the $122 support zone against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key rising channel forming with support at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $126 zone. Solana Price Faces Resistance Solana price started a fresh decline below the $135 and....