Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $145 resistance zone. Solana Price Outperforms Bitcoin Solana price started a decent increase after it settled above the $132 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $138 level to enter a short-term positive zone. The price even smashed the $140 resistance. The bulls were able to push the price above $142. A high was formed at $144, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $135 swing low to the $144 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 $138 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $144. The next major resistance is near the $145 level. The main resistance could be $150. A successful close above the $150 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 $145 resistance, it could start another decline. Initial support on the downside is near the $142 zone. The first major support is near the $140 level or the 50% Fib retracement level of the recent upward move from the $135 swing low to the $144 high. A break below the $140 level might send the price toward the $138 support zone and the trend line. If there is a close below the $138 support, the price could decline toward the $132 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 – $140 and $138. Major Resistance Levels – $145 and $150.
The decline was accompanied by a spike in volume, suggesting large-holder or institutional activity, and analysts see a risk of continued pressure.
Solana started a fresh increase above the $136 zone. SOL price is now consolidating above $138 and might aim for more gains above the $142 zone. SOL price started a fresh upward move above the $136 and $138 levels against the US Dollar. The price is now trading above $138 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $142 resistance zone. Solana Price Regains Traction Solana price corrected gains from the $144 zone but remained stable above the $130 zone, beating Bitcoin and Ethereum. SOL formed a low near $132 and started a fresh upward move. The price climbed above the $135 level to enter a short-term positive zone. It surpassed the 50% Fib retracement level of the downward move from the $143 swing high to the $132 low. Besides, there was a break above a bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair. Solana is now trading above $138 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $140 and the 76.4% Fib retracement level of the downward move from the $143 swing high to the $132 low. The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level. Another Decline In SOL? If SOL fails to rise above the $140 resistance, it could start another decline. Initial support on the downside is near the $138 zone. The first major support is near the $135 level. A break below the $135 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 bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $138 and $135. Major Resistance Levels – $140 and $142.
The token's performance is likely impacted by a civil war within a major BNB treasury firm, where a shareholder is challenging the company's leadership.
The token retreated in quiet trading conditions as it remained tightly coupled with broader crypto market movements.
The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput.
FIL has support at the $1.52 level and resistance in the $1.59-$1.60 zone.
Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $135 and might aim for more gains above the $140 zone. SOL price started a fresh upward move above the $135 and $138 levels against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There is a contracting triangle forming with support at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $140 resistance zone. Solana Price Eyes Another Increase Solana price started a decent increase after it settled above the $130 zone, like Bitcoin and Ethereum. SOL climbed above the $135 level to enter a short-term positive zone. The price even smashed the $140 resistance. The bulls were able to push the price above $142. Recently, there were a couple of swing moves and the price dipped below the 50% Fib retracement level of the recent upward move from the $136 swing low to the $141 high. Solana is now trading above $138 and the 100-hourly simple moving average. Besides, there is a contracting triangle forming with support at $138 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $140. The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level. Downside Break In SOL? If SOL fails to rise above the $142 resistance, it could start another decline. Initial support on the downside is near the $138 zone, the trend line, and the 76.4% Fib retracement level of the recent upward move from the $136 swing low to the $141 high. The first major support is near the $136 level. A break below the $136 level might send the price toward the $130 support zone. If there is a close below the $130 support, the price could decline toward the $120 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 – $138 and $136. Major Resistance Levels – $140 and $142.
The technical breakdown erased earlier gains as DOT plunged through $2.19 support on heavy volume.
Trading activity was more than double the token's 30-day average, signaling heightened investor participation.
The storage token outperformed the broader crypto market during a volatile session.
Technically, BNB is compressed between rising support and a descending resistance zone near $910, indicating a balance rather than a clear direction.
Solana started a fresh increase above the $130 zone. SOL price is now consolidating above $132 and might aim for more gains above the $138 zone. SOL price started a fresh upward move above the $130 and $132 levels against the US Dollar. The price is now trading above $132 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 gains if it clears the $140 resistance zone. Solana Price Gains Momentum Solana price started a decent increase after it settled above the $125 zone, like Bitcoin and Ethereum. SOL climbed above the $130 level to enter a short-term positive zone. The price even smashed the $132 resistance. The bulls were able to push the price above $135. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $123 swing low to the $138 high. Solana is now trading above $135 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $135 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $138. The next major resistance is near the $140 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level. Another Decline In SOL? If SOL fails to rise above the $185 resistance, it could start another decline. Initial support on the downside is near the $134 zone and the trend line. The first major support is near the $130 level and the 50% Fib retracement level of the recent upward move from the $123 swing low to the $138 high. A break below the $130 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 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 – $135 and $130. Major Resistance Levels – $138 and $140.
ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction.
The Solana-based token passed through a key technical level before easing back into consolidation.
BTC's volatility bands have compressed to levels that have historically paved the way for a renewed price turbulence.
The token underperformed broader digital assets as trading activity remained subdued despite recent ecosystem developments.
APT broke through key resistance levels on institutional buying activity.
The token has support at the $1.69 level and resistance at $1.80.
Currently at $1.84, DOT has support at the $1.83 level and resistance at $1.88.
Technical factors dominated as FIL maintained a tight correlation with broader crypto sentiment while establishing support above $1.27.
APT has support at $1.56 and resistance at $1.63, per CoinDesk technical models.
Solana failed to stay above $126 and corrected gains. SOL price is now trading below $125 and might find bids near the $120 zone. SOL price started a downside correction below $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $120 zone. Solana Price Starts Downside Correction Solana price failed to surpass $130 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $126 and $125 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $117 swing low to the $127 high. However, the bulls are active near $122. Besides, there is a bearish trend line forming with resistance at $124 on the hourly chart of the SOL/USD pair. Solana is now trading below $125 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $125 level and the trend line. The next major resistance is near the $128 level. The main resistance could be $130. A successful close above the $130 resistance zone could set the pace for another steady increase. The next key resistance is $135. Any more gains might send the price toward the $142 level. More Losses In SOL? If SOL fails to rise above the $125 resistance, it could start another decline. Initial support on the downside is near the $122 zone. The first major support is near the $120 level and the 76.4% Fib retracement level of the upward wave from the $117 swing low to the $127 high. A break below the $120 level might send the price toward the $112 support zone. If there is a close below the $112 support, the price could decline toward the $105 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 – $122 and $120. Major Resistance Levels – $125 and $128.
APT declined on heavy volume as the CoinDesk 20 index fell 2.8%.
The storage token faced selling pressure at the $1.33 resistance level while institutions accumulated on the dips.
DOT is facing pressure as it tries to retake the $1.76 support/resistance level.
The decline comes as bitcoin sank back to $87,000 in Tuesday trade.
Trendline from record highs capped BTC's recovery attempt Monday.
An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.
Technical momentum built as institutional flows drove price through key resistance levels amid an 87% volume surge above average.