Solana (SOL) Aims for $200 Retest: Is Momentum Building?
Solana started a steady increase above the $165 resistance zone. SOL price is trading well above $175 and aiming for more gains above $185. SOL price is showing positive signs from the $165 support zone against the US Dollar. The price is now trading above $172 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $177 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum to retest $200 if it clears the $182 resistance. Solana Price Eyes More Upsides Solana price formed a base above....
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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 […]
SOL’s price shows strength as it bounces from a downtrend range after losing its key Support to a region of $28. SOL faces a major issue to hold above Support and trend higher above $34 after the price broke out of its downtrend descending triangle price movement. SOL’s price remains strong on the daily timeframe below the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price of Solana (SOL) bounced from its low at around $27.5 after losing its key Support and reclaiming this important region as the price of Solana (SOL) eyes more rallies if the....
Solana (SOL) develops bullish sentiments against tether (USDT), as the price of Solana (SOL) seeks to rise with an impending breakout above the current resistance. Bitcoin (BTC) gained significant strength after closing the weekly candle on a high note, with the price remaining above $21,700 for the first time in weeks. Most crypto assets, including Solana (SOL), have benefited from this, with the price aiming to break out. (Data from Binance) Related Reading: SEBA Bank To Include Ethereum Staking In Services Solana (SOL) Price Analysis On The Weekly Chart The price of SOL has struggled....
Currently, the price of Solana has been showing resilience amid market volatility. This recent performance of SOL has raised rally optimism among market participants as to whether the digital asset’s price could potentially reach the $160 mark in the upcoming days. Particularly, this article aims to provide technical insight on recent price performance and technical indicators that suggest the potential for the crypto asset to hit $160 focusing on the 4-hour and the 1-day chart. At the time of writing, SOL’s price was up by over 7%, trading at about $143, with a market....
Solana, being touted as the Ethereum killer, announced plans to add a payment method called Solana Pay to fix network congestion problems it has been facing. This service will allow direct use of dollar-backed cryptocurrencies. Solana Pay is an open protocol that aims to connect developers and online merchants for point-of-sale developments, enabling sellers and […]