Solana Gains 11% In 2 Days As SOL Cruises Near Resistance Zone
The 11 percent gain of Solana from its dip on September 7 comes after months of turbulent market conditions. A tenth of that may be meaningless by the time this is published. The market is currently trending upwards. The market bottomed out at $33.79 on Wednesday before falling 9.29% to $30.89. At this point, both the CCI and the Stoch RSI for SOL showed that the crypto had been oversold. While SOL was recovering over the course of eight hours, trading volume decreased from the sell-off of 1.650 million to 1.280 million. Related Reading: Ethereum Plunges 21% In Last 7 Days, Drops Below....
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Solana started a fresh increase above the $188 zone. SOL price is now consolidating above $200 and might aim for more gains above the $212 zone. SOL price started a fresh upward move above the $192 and $202 levels against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving average. There is a rising channel forming with support at $205 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $212 resistance zone. Solana Price Aims For More Gains Solana price started a decent increase after it found....
Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $200 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance zone. Solana Price Extends Surge Solana price started a decent increase after it found support....
Solana started a fresh increase from the $140 support zone. SOL price is now consolidating and might climb further above the $154 resistance zone. SOL price started a fresh increase above the $142 and $145 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $149 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $154 resistance zone. Solana Price Consolidates Gains Solana price formed a base above....
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....
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135 and $150 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There is a connecting bullish trend line forming 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 $155 resistance zone. Solana Price Gains Over 10% Solana price formed a base above the....