Solana failed to settle above $90 and trimmed some gains. SOL price is now consolidating above $85 and showing a few bearish signs. SOL price started a decent recovery wave above $82 and $85 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $90. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $82, like Bitcoin and Ethereum. SOL was able to climb above the $85 level. There was a move above the 50% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Besides, there was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL/USD pair. However, the bears are active near $88.80 and the 61.8% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $87.20 level. The next major resistance is near the $88.80 level. The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $88.80 resistance, it could continue to move down. Initial support on the downside is near the $84.50 zone. The first major support is near the $82.50 level. A break below the $82.50 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $74 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $84.50 and $82.50. Major Resistance Levels – $88.80 and $90.
Solana failed to settle above $90 and extended losses. SOL price is now consolidating losses below $85 and might struggle to start a recovery wave. SOL price started a fresh decline below $85 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 $85.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $82 or $80. Solana Price Revisits $80 Solana price failed to remain stable above $90 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $88 and $85 support levels. The price gained bearish momentum below $83.50. A low was formed at $80.29, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level. There is also a key bearish trend line forming with resistance at $85.50 on the hourly chart of the SOL/USD pair. The next major resistance is near the $87.20 level or the 50% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. The main resistance could be $88.80. A successful close above the $88.80 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $72 support zone. If there is a close below the $72 support, the price could decline toward the $65 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $82 and $80. Major Resistance Levels – $85 and $88.
Solana started a fresh increase above the $88 zone. SOL price is now consolidating above $90 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $90 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $95 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $85 zone, like Bitcoin and Ethereum. SOL climbed above the $88 level to enter a short-term positive zone. The price even smashed the $90 resistance. The bulls were able to push the price above $92. A high was formed at $94.10, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $82.50 swing low to the $94.10 high. Solana is now trading above $90 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $92. The next major resistance is near the $95 level. The main resistance could be $100. A successful close above the $100 resistance zone could set the pace for another steady increase. The next key resistance is $108. Any more gains might send the price toward the $112 level. Downside Correction In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $90 zone. The first major support is near the $88.50 level and the trend line or the 50% Fib retracement level of the recent upward move from the $82.50 swing low to the $94.10 high. A break below the $88.50 level might send the price toward the $84 support zone. If there is a close below the $84 support, the price could decline toward the $78 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 above the 50 level. Major Support Levels – $90 and $88.50 Major Resistance Levels – $92 and $95.
Solana failed to stay above $90 and corrected some gains. SOL price is now below $88 and might aim for another increase above $90. SOL price started a downside correction below $88 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $84 zone. Solana Price Remains Supported Solana price failed to stay above $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $88 and $87 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. The price even tested the $85 support. Besides, there is a bullish trend line forming with support at $85 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $96. Any more gains might send the price toward the $100 level. More Losses In SOL? If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $85 zone, the trend line, and the 61.8% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. The first major support is near the $84 level. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 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 near the 50 level. Major Support Levels – $85 and $82. Major Resistance Levels – $88 and $90.
Solana started a fresh increase above the $82 zone. SOL price is now consolidating above $85 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. The price even smashed the $88 resistance. The bulls were able to push the price above $90. A high was formed at $92, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. Recently, there was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88. The next major resistance is near the $92 level. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $106 level. Downside Correction In SOL? If SOL fails to rise above the $88 resistance, it could start another decline. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level or the 50% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $78 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 – $85.50 and $84.00 Major Resistance Levels – $88 and $95.
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Solana failed to settle above $85 and trimmed some gains. SOL price is now recovering losses from $76 and showing a few positive signs. SOL price started a decent recovery wave above $78 and $80 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $82 and $84. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $78, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Besides, there was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair. However, the bears are active near $82.50 and the 61.8% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82 level. The next major resistance is near the $84 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $95 level. Another Decline In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $79 level. A break below the $79 level might send the price toward the $77 support zone. If there is a close below the $77 support, the price could decline toward the $74 zone 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 – $80 and $77. Major Resistance Levels – $82 and $85.
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Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $85 and might struggle to start a recovery wave. SOL price started a fresh decline below $85 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $75 or $70. Solana Price Dips Over 5% Solana price failed to remain stable above $95 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $85 support levels. The price gained bearish momentum below $82. A low was formed at $77.30, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $80 level. The next major resistance is near the $82 level or the 50% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. There is also a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair. The main resistance could be $83.10. A successful close above the $83.10 resistance zone could set the pace for another steady increase. The next key resistance is $87. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $77 zone. The first major support is near the $75 level. A break below the $75 level might send the price toward the $70 support zone. If there is a close below the $70 support, the price could decline toward the $62 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $77 and $75. Major Resistance Levels – $80 and $82.
Solana failed to stay above $86 and corrected gains. SOL price is now below $84 and remains at risk of more losses below $80. SOL price started a downside correction below $86 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Dips Further Solana price failed to stay above $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $88 and $86 to enter a short-term bearish zone. There was a move below the 61.8% Fib retracement level of the upward wave from the $76.55 swing low to the $91.20 high. The price even tested the $80 support. Besides, there is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair. Solana is now trading below $84 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $83 level. The next major resistance is near the $84 level. The main resistance could be $85.60. A successful close above the $85.60 resistance zone could set the pace for another steady increase. The next key resistance is $88. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $85 resistance, it could start another decline. Initial support on the downside is near the $80 zone and the 76.4% Fib retracement level of the upward wave from the $76.55 swing low to the $91.20 high. The first major support is near the $79 level. A break below the $79 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 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 – $80 and $79. Major Resistance Levels – $85 and $88.
Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $90 and $88 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. However, the bulls were active above the $82 support. The price is back above $85. There is also a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $85 zone. The first major support is near the $82 level or the 61.8% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. A break below the $82 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 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 – $85 and $82. Major Resistance Levels – $88 and $92.
Solana failed to stay above $90 and corrected gains. SOL price is now trading below $85 and might find bids near the $76 zone. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $76 zone. Solana Price Starts Downside Correction Solana price failed to surpass $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $82 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. Besides, there is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $81 level and the trend line. The next major resistance is near the $82.20 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could start another decline. Initial support on the downside is near the $76 zone and the 61.8% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. The first major support is near the $72.50 level. A break below the $72.50 level might send the price toward the $68 support zone. If there is a close below the $68 support, the price could decline toward the $60 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $76 and $72.50. Major Resistance Levels – $81 and $85.
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 Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Continuation In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $82 and $75. Major Resistance Levels – $85 and $92.
Solana failed to settle above $90 and remained in a range. SOL price is now facing hurdles near $90-$92 and might decline again below $80. SOL price started a decent recovery wave above $75 and $80 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $92. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $68, like Bitcoin and Ethereum. SOL was able to climb above the $75 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active below $90. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $112 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could continue to move down. Initial support on the downside is near the $84 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $72 support zone. If there is a close below the $72 support, the price could decline toward the $68 zone 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 – $84 and $80. Major Resistance Levels – $88 and $92.
Solana failed to settle above $102 and extended losses. SOL price is now consolidating losses below $95 and might struggle to start a recovery wave. SOL price started a fresh decline below $100 and $95 against the US Dollar. The price is now trading below $100 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $90 or $85. Solana Price Dips Further Solana price failed to remain stable above $105 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $100 and $95 support levels. The price gained bearish momentum below $92. A low was formed at $89, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $106 swing high to the $89 low. Solana is now trading below $95 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $93 level. The next major resistance is near the $97 level or the 50% Fib retracement level of the downward move from the $106 swing high to the $89 low. There is also a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair. The main resistance could be $102. A successful close above the $102 resistance zone could set the pace for another steady increase. The next key resistance is $106. Any more gains might send the price toward the $112 level. More Losses In SOL? If SOL fails to rise above the $98 resistance, it could continue to move down. Initial support on the downside is near the $90 zone. The first major support is near the $85 level. A break below the $85 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $74 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $90 and $85. Major Resistance Levels – $98 and $102.
Solana failed to settle above $112 and extended losses. SOL price is now recovering above $102 but faces many hurdles near $108 and $110. SOL price started a decent recovery wave above $100 and $102 against the US Dollar. The price is now trading below $110 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $108 and $110. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $95, like Bitcoin and Ethereum. SOL was able to climb above the $100 level. There was a move above the 23.6% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. However, the bears are active below $110. There is also a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair. Solana is now trading below $105 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $108 level, the trend line, and the 50% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. The next major resistance is near the $110 level. The main resistance could be $115. A successful close above the $115 resistance zone could set the pace for another steady increase. The next key resistance is $122. Any more gains might send the price toward the $125 level. Another Decline In SOL? If SOL fails to rise above the $108 resistance, it could continue to move down. Initial support on the downside is near the $101 zone. The first major support is near the $95 level. A break below the $95 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $80 zone 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 – $101 and $95. Major Resistance Levels – $108 and $115.
Historical data show that bitcoin has always found support in bear markets at the 200-week moving average.
Solana failed to settle above $125 and extended losses. SOL price is now consolidating losses below $120 and might struggle to start a recovery wave. SOL price started a fresh decline below $120 and $115 against the US Dollar. The price is now trading below $120 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $112 or $105. Solana Price Dips Again Solana price failed to remain stable above $125 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $125 and $122 support levels. The price gained bearish momentum below $120. A low was formed at $112, and the price is now consolidating losses. The price recovered a few points and climbed toward the 23.6% Fib retracement level of the downward move from the $128 swing high to the $112 low. Solana is now trading below $120 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $116 level. There is also a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair. The next major resistance is near the $120 level or the 50% Fib retracement level of the downward move from the $128 swing high to the $112 low. The main resistance could be $122. A successful close above the $122 resistance zone could set the pace for another steady increase. The next key resistance is $125. Any more gains might send the price toward the $132 level. Another Drop In SOL? If SOL fails to rise above the $116 resistance, it could continue to move down. Initial support on the downside is near the $114 zone. The first major support is near the $112 level. A break below the $112 level might send the price toward the $105 support zone. If there is a close below the $105 support, the price could decline toward the $102 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $112 and $105. Major Resistance Levels – $116 and $120.
Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $128 and $130. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $118, like Bitcoin and Ethereum. SOL was able to climb above the $122 level. There was a move above the 61.8% Fib retracement level of the downward move from the $132 swing high to the $117 low. Besides, there was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair. The bulls even pushed the price above $125. However, the bears remained active near $128. Solana is now trading above $125 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level, and the 76.4% Fib retracement level of the downward move from the $132 swing high to the $117 low. The next major resistance is near the $130 level. The main resistance could be $135. A successful close above the $135 resistance zone could set the pace for another steady increase. The next key resistance is $142. Any more gains might send the price toward the $145 level. Another Decline In SOL? If SOL fails to rise above the $128 resistance, it could continue to move down. Initial support on the downside is near the $124.50 zone. The first major support is near the $122 level. A break below the $122 level might send the price toward the $117 support zone. If there is a close below the $117 support, the price could decline toward the $105 zone 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 above the 50 level. Major Support Levels – $125 and $122. Major Resistance Levels – $128 and $130.
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Solana failed to settle above $132 and extended losses. SOL price is now consolidating losses below $130 and might struggle to start a recovery wave. SOL price started a fresh decline below $132 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $126 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $118 or $115. Solana Price Dips Further Solana price failed to remain stable above $132 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $130 and $126 support levels. The price gained bearish momentum below $122. A low was formed at $117, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $132 swing high to the $117 low. Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $125 level or the 50% Fib retracement level of the downward move from the $132 swing high to the $117 low. The next major resistance is near the $126 level. There is also a key bearish trend line forming with resistance at $126 on the hourly chart of the SOL/USD pair. The main resistance could be $132. A successful close above the $132 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $144 level. Another Drop In SOL? If SOL fails to rise above the $126 resistance, it could continue to move down. Initial support on the downside is near the $119 zone. The first major support is near the $117 level. A break below the $117 level might send the price toward the $115 support zone. If there is a close below the $115 support, the price could decline toward the $102 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $117 and $115. Major Resistance Levels – $126 and $132.
Solana failed to settle above $140 and nosedived. SOL price is now consolidating losses below $135 and might struggle to start a recovery wave. SOL price started a fresh decline below $136 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $128 or $125. Solana Price Dips Further Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $138 and $135 support levels. The price gained bearish momentum below $132. A low was formed at $124, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $124 low. Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $134 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $124 low. The next major resistance is near the $136 level. The main resistance could be $138. There is also a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair. A successful close above the $138 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level. Another Decline In SOL? If SOL fails to rise above the $133 resistance, it could continue to move down. Initial support on the downside is near the $129 zone. The first major support is near the $125 level. A break below the $125 level might send the price toward the $120 support zone. 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 losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $129 and $125. Major Resistance Levels – $133 and $138.
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Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130. SOL price started a fresh decline below $138 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $132 or $130. Solana Price Dips Again Solana price failed to remain stable above $142 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $140 and $138 support levels. The price gained bearish momentum below $135. A low was formed at $130, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $130 low. Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $135 level. The next major resistance is near the $136 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $130 low. The main resistance could be $140. There is also a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL/USD pair. A successful close above the $140 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level. Another Decline In SOL? If SOL fails to rise above the $136 resistance, it could continue to move down. Initial support on the downside is near the $132 zone. The first major support is near the $130 level. A break below the $130 level might send the price toward the $122 support zone. If there is a close below the $122 support, the price could decline toward the $115 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $132 and $130. Major Resistance Levels – $136 and $140.
Solana failed to stay above $146 and corrected gains. SOL price is now trading below $145 and might find bids near the $140 zone. SOL price started a downside correction below $145 against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $140 zone. Solana Price Starts Downside Correction Solana price failed to surpass $150 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $146 and $145 to enter a short-term bearish zone. There was a move below the 61.8% Fib retracement level of the upward wave from the $138 swing low to the $149 high. However, the bulls are active above $140. Besides, there is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair. Solana is now trading below $145 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $144 level. The next major resistance is near the $146 level. The main resistance could be $148. A successful close above the $148 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level. More Losses In SOL? If SOL fails to rise above the $146 resistance, it could start another decline. Initial support on the downside is near the $141 zone and the trend line. The first major support is near the $140 level and the 76.4% Fib retracement level of the upward wave from the $138 swing low to the $149 high. A break below the $140 level might send the price toward the $132 support zone. If there is a close below the $132 support, the price could decline toward the $124 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $141 and $140. Major Resistance Levels – $146 and $148.
Solana started a fresh increase above the $142 zone. SOL price is now consolidating above $142 and might aim for more gains above the $150 zone. SOL price started a fresh upward move above the $142 and $145 levels against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $150 resistance zone. Solana Price Starts Fresh Surge Solana price started a decent increase after it settled above the $135 zone, like Bitcoin and Ethereum. SOL climbed above the $140 level to enter a short-term positive zone. The price even smashed the $142 resistance. The bulls were able to push the price above $145. A high was formed at $148, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $138 swing low to the $148 high. Solana is now trading above $142 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $140 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $148. The next major resistance is near the $150 level. The main resistance could be $155. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $170 level. Downside Correction In SOL? If SOL fails to rise above the $148 resistance, it could start another decline. Initial support on the downside is near the $144 zone. The first major support is near the $143 level or the 50% Fib retracement level of the recent upward move from the $138 swing low to the $148 high. A break below the $143 level might send the price toward the $140 support zone and the trend line. If there is a close below the $140 support, the price could decline toward the $135 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 – $144 and $140. Major Resistance Levels – $148 and $150.
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The token's price action shows signs of indecision, with a tight trading range and fading selling pressure.