SOL Price Prediction: Will Correction Trend Push Solana Under $20?
Solana is correcting gains from the $25 resistance against the US Dollar. SOL price could accelerate lower if there is a break below the $21 support. SOL price started a fresh decline after it failed to clear the $25 resistance against the US Dollar. The price is now trading below $22.00 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $22.00 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could break the $21 support and accelerate lower toward $18.80. Solana Price Visits Key Support After a steady....
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Despite $SOL’s recent dip to $131, 55% below its all-time high of $294 recorded two months ago, our Solana price prediction for the rest of the year is bullish. $SOL is currently trading at $148.85 with a 5.83% weekly increase, though the monthly trend is bearish (-27.42%). Luckily for $SOL holders, key technical indicators point […]
Quick Facts: 1️⃣ Solana has taken strong support from a major upward trendline after Friday’s massive liquidation, signaling a potential rebound. 2️⃣ According to ChatGPT’s Solana price prediction, a breakout above $250 could propel the token toward $575 – a stunning 200% upside. 3️⃣ Investors are backing Snorter Token ($SNORT) as the next 1000x crypto, […]
Kalshi has taken a major step in restructuring how prediction markets operate by moving its event contracts onto the Solana blockchain. Related Reading: War On Crypto, Now Targeting Trump’s AI And Crypto Czar, Expert Claims The transition brings U.S.-regulated prediction markets directly into decentralized finance, positioning the platform to compete more closely with its on-chain […]
Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably, this uptrend channel has been highlighted by the formation of higher lows and higher highs as Solana continued to push to new all-time highs. Now, Martinez noted that holding above a key support level could reinforce the altcoin’s uptrend towards the....
Solana failed to stay above $142 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone. SOL price started a downside correction below $142 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $135 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $135 zone. Solana Price Starts Downside Correction Solana price failed to surpass $145 and started a downside correction, like Bitcoin and....