Price Prediction for Solana
Solana surpassed the resistance of $180 on May 23, but bears present a strong challenge at $185.
The ascending 20-day EMA (USD 167) and the RSI in positive territory indicate that the path of least resistance is upward. If buyers maintain the price above USD 185, the SOL/USDT pair could rise to USD 210 and subsequently to USD 220.
Contrary to this assumption, if the price drops and breaks below the 20-day exponential moving average (EMA), it suggests that bulls are rushing to exit. This increases the risk of a drop to the 50-day simple moving average (SMA) (USD 147).