Technical Analysis of Solana (SOL) - April 30, 2025
Current Price: $147.78
Daily Change: -0.52%
Highest Price Today: $150.08
Lowest Price Today: $145.22
General Trend:
The currency is moving sideways between the levels of $145 and $155, reflecting a state of anticipation in the market after a previous upward movement.
Key Technical Indicators:
• RSI: In the neutral zone (53)
• MACD: Gives a bullish signal
• ADX: Indicates a weak trend currently
Support and Resistance:
• First Support: $145
• Second Support: $137
• First Resistance: $152
• Second Resistance: $160
• Strong Resistance: $174
Short-term Forecast:
• Breaking $152 may push the price to $160 then $174
• Breaking $145 may lead to a drop towards $137 or even $124
Note: This analysis is for educational purposes only and does not constitute investment advice$SOL
