Solana Price (SOL) Holds Crucial Support Level: Is the Rally Still Alive?

Solana is holding gains above the $150 resistance zone. SOL price is consolidating and might aim for a fresh increase above the $162 resistance zone. SOL price started a fresh increase above the $155 zone against the US Dollar. The price is now trading near $155 and the 100-hourly simple moving average. There is a key rising channel forming with support at $155 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start another increase if it stays above the $155 support zone. Solana Price Regains Traction Solana price extended its increase above the $155 resistance like Bitcoin and Ethereum. SOL even climbed above $160 before the bears appeared. A high was formed at $162 and the price started a downside correction. There was a move below the $160 and $158 levels. However, the bulls were active near the $155 support zone. A low is formed at $155 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $162 swing high to the $155 low. Solana is now trading near $155 and the 100-hourly simple moving average. There is also a key rising channel forming with support at $155 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $158 level. The next major resistance is near the $160 level. It is close to the 76.4% Fib retracement level of the recent decline from the $162 swing high to the $155 low. The main resistance could be $162. A successful close above the $160 and $162 resistance levels could set the pace for another steady increase. The next key resistance is near $175. Any more gains might send the price toward the $180 level. More Downsides in SOL? If SOL fails to rise above the $158 resistance, it could start another decline. Initial support on the downside is near the $155 level. The first major support is near the $154 level. A break below the $154 level might send the price toward the $149 zone. If there is a close below the $149 support, the price could decline toward the $142 support in the near term. Technical Indicators Hourly MACD The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) The RSI for SOL/USD is below the 50 level. Major Support Levels $155 and $149. Major Resistance Levels $158 and $162.

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Solana Price (SOL) Gears Up for Fresh Surge: Is More Upside Ahead?

Solana is holding the $140 support zone. SOL price is rising and might aim for a fresh increase above the $152 resistance zone. SOL price started a fresh increase from the $142 zone against the US Dollar. The price is now trading near $1465 and the 100-hourly simple moving average. There is a connecting bearish [...]

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ChatGPT Analyzes Which Altcoin Will Perform the Best by 2024s End (Hint: its Not Ripple (XRP))

Here are the six alternative coins that can perform the best in the following months (according to ChatGPT).

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Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)

SOL has jumped to over $150, while SHIB has reclaimed $0.000015.

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Solana Eyes $150 Rebound: SOL Bulls Optimistic With Positive Indicators

Solana started a recovery wave from the $128 zone. SOL price is up over 6% and the bulls seem to be aiming to reclaim the $150 level. SOL price started a decent upward move above the $132 resistance against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could continue to rise toward $150 or even $155 in the near term. Solana Price Trims Some Losses Solana price managed to stay above the $120 pivot level. SOL formed a base above the $128 level and recently started a decent recovery wave, outperforming Bitcoin and Ethereum in the past two sessions. There was a move above the $132 and $135 resistance levels. The price cleared the 61.8% Fib retracement level of the downward move from the $144.15 swing high to the $127.88 low. There was also a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair. Solana is now trading above the $135 level and the 100-hourly simple moving average. It is now attempting a close above the 76.4% Fib retracement level of the downward move from the $144.15 swing high to the $127.88 low. On the upside, the price might face resistance near the $144 level. The next major resistance is near the $150 level. A successful close above the $150 resistance could set the pace for another steady increase. The next key resistance is near $155. Any more gains might send the price toward the $162 level. Another Decline in SOL? If SOL fails to rise above the $144 resistance, it could start another decline. Initial support on the downside is near the $136 level and the 100-hourly simple moving average. The first major support is near the $128 level, below which the price could test $120. If there is a close below the $120 support, the price could decline toward the $112 support in the near term. Technical Indicators Hourly MACD The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) The RSI for SOL/USD is above the 50 level. Major Support Levels $136 and $128. Major Resistance Levels $144 and $150.

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Solana Price (SOL) Hits $150: Market Dips Look Tempting

Solana started a steady increase above the $135 zone. SOL price broke the $150 resistance and is now consolidating gains. SOL price started a decent upward move above the $135 resistance against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $147 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could correct lower, but the bulls might remain active near $147 or $143. Solana Price Jumps Over 5% Solana price managed to start a fresh increase above the $125 pivot level. SOL gained pace for a move above the $132 and $135 resistance levels, like Bitcoin and Ethereum. The price even cleared the $145 resistance and surpassed the $150 hurdle. A high was formed at $152.05 and the price is now consolidating gains. It is trading well above the 23.6% Fib retracement level of the upward move from the $134 swing low to the $152 high. Solana is now trading above the $145 level and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $147 on the hourly chart of the SOL/USD pair. On the upside, the price might face resistance near the $152 level. The next major resistance is near the $155 level. A successful close above the $155 resistance could set the pace for another steady increase. The next key resistance is near $165. Any more gains might send the price toward the $172 level. Are Dips Limited in SOL? If SOL fails to rise above the $152 resistance, it could start a downside correction. Initial support on the downside is near the $150 level. The first major support is near the $147 level and the trend line. A break below the $147 level might send the price toward $143 or the 50% Fib retracement level of the upward move from the $134 swing low to the $152 high. If there is a close below the $143 support, the price could decline toward the $138 support in the near term. Technical Indicators Hourly MACD The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) The RSI for SOL/USD is above the 50 level. Major Support Levels $147 and $143. Major Resistance Levels $152 and $155.

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Can Solana (SOL) Overcome Key Resistance and Ignite a Fresh Increase?

Solana declined again and tested the $160 support zone. SOL price is consolidating and might recover if it clears the $166 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading below $168 and the 100-hourly simple moving average. There is a connecting bearish [...]

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Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance [...]

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4 Headlines That Terrify Solana Short Sellers in May

A bullish SOL cup and handle pattern has formed on the price chart. Meanwhile, Solana is moving to tokenize stocks on the blockchain while ETF issuers are applying to trade SOL on Wall Street.

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Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge?

Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There was a break [...]

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Crypto Price Analysis May-02: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) This week, Ethereum continued to hover under the key resistance at $1,825 and closed with a 3% price increase. Sellers appear determined to keep ETH under this level after they rejected any attempts at an escape several times. While momentum […]

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Heres What Can Trigger a Solana (SOL) Bull Run

Ali Martinez thinks the $176-$188 range is "a key are of resistance" for SOL.

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Interesting Ethereum (ETH) and Solana (SOL) Price Predictions

Check out some of the latest price forecasts involving ETH and SOL.

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Solana (SOL) Warning: Is a 40% Crash Next?

The last time SOL slipped under $100 was nearly 14 months ago.

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Tension Builds: Solana (SOL) on the Verge of a Huge Move?

Here's why a "major price move could be imminent."

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North American Corporations Are Wolfing Down Solana

SUI made an impressive showing in April with a 70% bull run in 7 days. But Solana is still faster and something big is happening with corporate treasuries buying up SOL tokens this month.

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Violent Trend Reversal in Solanas April Prices Has Altcoin Degens Drooling

Solana's price was down mid-April by 50% since its January peak. But it also just rounded out a bullish falling wedge pattern with another positive indicator: a classic cup and handle.

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Galaxy Research Proposes Overhaul to Solanas Inflation Voting System

After SIMD-228 failed to gain consensus, Galaxy Research has come up with a new solution to modernize decision-making on token inflation.

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BTC Price Taps a Weekly High, 6% Jump Takes SOL to $125 (Weekend Watch)

PI is the biggest gainer from the larger-cap alts today.

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Crypto Price Analysis Mar-31: ETH, XRP, ADA, SOL, LTC

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Litecoin. Ethereum (ETH) Ethereum decided to range this week and booked a slight loss of 1.4%. This flat trend could not muster the energy to hold the price above $1,800, which is the current key resistance. The support is at $1,700, and […]

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