As of May 13, 2025, the Solana (SOL) token is trading at $174.82, showing a slight increase of +0.13% over the last 24 hours.
During the day, the price fluctuated between $166.90 and $181.48, indicating increased volatility and high interest from traders.
Key levels:
Resistance: $181.50
Support: $166.90
Technical indicators suggest a continuation of the upward trend.
The Relative Strength Index (RSI) is at 65, indicating strong upward momentum without signs of overbought conditions.
Additionally, a so-called 'golden cross' is forming — the 50-day moving average crosses above the 200-day, which is traditionally considered a strong bullish signal.
Trading volumes are also increasing, confirming growing investor interest in SOL.
The growth of activity within the Solana ecosystem, including the launch of new DeFi and NFT projects, enhances positive market expectations.
Output:
Solana demonstrates steady growth, supported by both technical indicators and the fundamental activity of the network.
A breakout above the resistance level of $181.50 could pave the way for new local highs, while a break below $166.90 signals a potential short-term correction.
Investors should closely monitor signals and be prepared for volatility.
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