koinmilyoner
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Bullish
🚀 Solana Momentum Grows — Can Bulls Blast Past Resistance?
Above $212, Solana rose again. SOL price is stabilizing over $210 and may rise above $218.
SOL price again rose beyond $202 and $210 versus the US Dollar.
The price is over $210 and the 100-hourly SMA.
The hourly SOL/USD chart shows a bullish trend line with support at $212.
The pair might gain if it breaks $218 resistance.
Solana Price Wants More
After finding support at $200, Solana price rose, outperforming Bitcoin and Ethereum. After rising over $205, SOL entered a short-term bullish zone.
The price broke $212 barrier. Bulls broke $215. The price is consolidating gains after hitting $218. Minor slip below 23.6% Fib retracement level of upward trend from $199 swing low to $217 high.
Above $210 and the 100-hourly simple moving average, Solana trades. On the hourly SOL/USD chart, a bullish trend line with support around $212 is formed.
Prices are finding resistance around $218 on the upside. Near $220 is the next significant resistance. The $232 resistance may be key. Close above $232 barrier might start another steady rise. The next hurdle is $244. More increases might push the price toward $250.
SOL downside correction?
SOL might tumble again if it fails to break $218 barrier. Near $212 is first downside support. The first key support is $208, the 50% Fib retracement level of the upward run from the $199 swing low to the $217 high.
A breach below $208 might push pricing below $204 support. If the stock closes below $204, it may fall toward $200.
Tech Indicators
SOL/USD hourly MACD is rising in the positive zone.
Hourly RSI – RSI for SOL/USD is over 50.
Major Support Levels: $212, $208.
Two major resistance levels: $218 and $220.
#solana #sol #BTCvsETH #AltcoinMarketRecovery $SOL
Above $212, Solana rose again. SOL price is stabilizing over $210 and may rise above $218.
SOL price again rose beyond $202 and $210 versus the US Dollar.
The price is over $210 and the 100-hourly SMA.
The hourly SOL/USD chart shows a bullish trend line with support at $212.
The pair might gain if it breaks $218 resistance.
Solana Price Wants More
After finding support at $200, Solana price rose, outperforming Bitcoin and Ethereum. After rising over $205, SOL entered a short-term bullish zone.
The price broke $212 barrier. Bulls broke $215. The price is consolidating gains after hitting $218. Minor slip below 23.6% Fib retracement level of upward trend from $199 swing low to $217 high.
Above $210 and the 100-hourly simple moving average, Solana trades. On the hourly SOL/USD chart, a bullish trend line with support around $212 is formed.
Prices are finding resistance around $218 on the upside. Near $220 is the next significant resistance. The $232 resistance may be key. Close above $232 barrier might start another steady rise. The next hurdle is $244. More increases might push the price toward $250.
SOL downside correction?
SOL might tumble again if it fails to break $218 barrier. Near $212 is first downside support. The first key support is $208, the 50% Fib retracement level of the upward run from the $199 swing low to the $217 high.
A breach below $208 might push pricing below $204 support. If the stock closes below $204, it may fall toward $200.
Tech Indicators
SOL/USD hourly MACD is rising in the positive zone.
Hourly RSI – RSI for SOL/USD is over 50.
Major Support Levels: $212, $208.
Two major resistance levels: $218 and $220.
#solana #sol #BTCvsETH #AltcoinMarketRecovery $SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
220.93
+0.83%
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