Solana (SOL) Weakens Again — Break Below $200 Opens Door For Further Decline

Solana (SOL) Weakens Again — Break Below $200 Opens Door For Further Decline

Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192. SOL price started a downside correction below $200 against the US Dollar. The price is now trading below $198 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $198 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $192 zone. Solana Price Corrects Some Gains Solana price started a decent increase after it settled above the $192 zone,....


Related News

Solana (SOL) Declines Again – Is This A Dip Worth Buying For Recovery?

Solana started a fresh decline from the $238 zone. SOL price is now consolidating losses below $225 and might decline further below $218. SOL price started a fresh decline below $232 and $230 against the US Dollar. The price is now trading below $225 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $230 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another increase if the bulls defend $218 or $212. Solana Price Dips Below Support Solana price extended gains above $225 and $230, like Bitcoin....

Solana (SOL) Tests Support After Dip — Bounce or Breakdown Ahead?

Solana started a fresh decline from the $160 zone. SOL price is now consolidating losses and might decline further below the $145 level. SOL price started a fresh decline from the $160 resistance zone against the US Dollar. The price is now trading below $155 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $150 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $152 resistance zone. Solana Price Dips Further Solana price failed to continue higher above the $160....

Solana (SOL) Shows Signs Of Rebound – Will Bears Step In Again Soon?

Solana started a fresh decline below the $225 zone. SOL price is now attempting to recover from $192 and faces hurdles near $215. SOL price started a fresh decline below $225 and $220 against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $200 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start another decline if it stays below $215 and $220. Solana Price Dips Again Solana price failed to stay above $220 and started a fresh decline, like....

Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?

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 (SOL) Recovery Attempt Builds, But Volume Still Signals Caution

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....