#solana #CryptoTrend
On Friday, May 23, 2025, the cryptocurrency Solana (SOL) shows steady growth, trading around $185.64, which corresponds to an increase of 6.42% over the last 24 hours.
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🔍 Technical Analysis
• Resistance Levels: Key resistance is around $180. Breaking this level could open the way to the next targets: $188, $195, and $218.
• Support Levels: The nearest support is marked at $170, with stronger support around $162.
• RSI and MACD Indicators: Both indicators suggest a continuation of the upward trend, however, overbought signals may indicate a possible short-term correction.
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📈 Short-Term Forecast
Analysts expect that if the current momentum is maintained and the $180 level is successfully overcome, the price of SOL may reach $188 in the short term.
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📅 End of May 2025 Forecast
According to forecasts, the average price of SOL by the end of May may be around $188.25, with possible fluctuations in the range of $158.95 to $217.48.
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🧭 Overall Conclusion
Solana shows a strong upward trend, supported by technical indicators and a generally positive sentiment in the cryptocurrency market.