Solana (SOL) Recovery Underway But Momentum Still Needs Stronger Follow-Through
Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $135 zone. SOL price started a decent recovery wave above $125 and $128 against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $135 and $140. Solana Price Aims Recovery Solana price remained stable and started a decent recovery wave above $125, like Bitcoin and....
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Solana (SOL) is showing early signs of recovery after enduring several days of selling pressure and heightened volatility. The altcoin is now trading above the $135 mark, a psychological level that bulls have managed to defend in recent sessions. While this move offers some relief to investors, Solana still has work to do before confirming a sustained uptrend. The broader market remains cautious, and SOL must reclaim key technical levels to strengthen the case for a full recovery rally. Related Reading: Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion....
Solana is once again at a pivotal crossroads, with its price hovering around the 50-day EMA —a level that could dictate its next major move. A decisive break above $220 could ignite fresh bullish momentum, while failure to hold could open the door for a slide back toward $175. SOL Tests 50-Day EMA As Market Watches Closely Lark Davis, a widely followed crypto analyst on X, recently noted that Solana has returned to test its 50-day EMA. This moving average has historically provided both support and resistance for SOL, making the latest retest a key moment for traders watching the coin’s....
As Tuesday drew to a close, the broader cryptocurrency market experienced a bearish move, causing major digital assets such as Solana to lose their renewed bullish momentum. Despite the ongoing fluctuations in the price of SOL, the institutional interest in the leading altcoin continues to grow stronger through the SOL-based treasury. A Significant Portion Of […]
Solana is trading at critical levels after several days of trying to decisively break above the key $155–$160 resistance zone. Bulls are slowly building momentum, as the broader crypto market shows signs of strength and hints at the possibility of a sustained rally. However, global risks remain elevated, particularly as no clear resolution has been reached in the ongoing US-China trade conflict, which continues to shape macroeconomic sentiment and investor behavior. Related Reading: Ethereum Reclaims Local Range Against BTC – Can Bulls Target The Range High? Despite the uncertain backdrop,....
As the cryptocurrency market continues to evolve, Solana (SOL) holders are exploring new opportunities to diversify their portfolios. One of the most exciting developments is the rise of Mpeppe (MPEPE), a meme-based gambling ICO that has captured the attention of Solana (SOL) investors. With Solana (SOL) showing strong upward momentum, many are now adding Mpeppe […]