Solana (SOL) Buyers Stay Active, Though Resistance Keeps Pressure High
Solana found support at $90 and corrected some losses. SOL price is now consolidating below $94 and might struggle to continue higher. SOL price started a decent recovery wave above $91 and $92 against the US Dollar. The price is now trading below $94 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $92.90 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $92.90 and $94.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery wave from $90,....
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Solana found support at $81.40 and corrected some losses. SOL price is now consolidating above $83.50 and might aim for a steady increase. SOL price started a decent recovery wave above $82 and $83.50 against the US Dollar. The price is now trading near $84 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $83.45 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $84.50 and $85.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery....
Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82. SOL price started a decent recovery wave above $78 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85 and $90. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave above $72, like....
Solana failed to stay above $198 and corrected gains. SOL price is now trading below $195 and might find bids near the $188 zone. SOL price started a downside correction below $198 against the US Dollar. The price is now trading below $195 and the 100-hourly simple moving average. There is a declining channel forming with resistance at $200 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $188 zone. Solana Price Approaches Support Solana price failed to surpass $205 and started a downside correction, beating Bitcoin and....
After an eventful weekend, the Solana price was able to cross the resistance at $200, and despite the market retracement, bulls have managed to hold this level and turn it into support. With the bullish momentum still going, the altcoin could be set for a further surge. While it is yet to cross its January all-time high of $294, a blooming rally suggests that it may be time for the cryptocurrency to barrel through and retest the resistance at this level. Solana Price Is Still Firmly In Bullish Territory In an analyst, crypto analyst Mihai Lacob explained that the Solana price is still....
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....