Analysis from today (August 18, 2025)$SOL :-
Technical Analysis
• Investing.com indicates that the overall recommendation today is “Strong Sell”, as the short-term timeframe prevails with hopes for negative analysis.
• But TradingView offers another perspective: the overall technical rating is “Buy” today, and when looking at the moving averages, the rating comes out as “Strong Buy”.
• This divergence reflects different methodologies: some platforms rely on multiple indicators (RSI, MACD, etc.), while others give more weight to price averages.
Key technical levels:
• The critical resistance is in the range of $185–189; breaking this range could push the price towards $200–206 and possibly reach $220 if the bullish momentum continues.
• The main support is around $171–173, and some analysts indicate that breaking this support could lead to a price drop towards $172.
Analysis of recent news:
• CryptoRank reports that Solana has risen sharply to cross the $200 barrier, after being at ~ $155 in late July, with an increase of more than 14% in the last 24 hours.
• While CryptoNews mentions that the price is currently around $193.33, with a 4.5% increase over the week, despite the delay in the SEC's decision regarding ETFs linked to Solana, with a 95% probability of approval enhancing optimism.
• Blockchain.news provides a forecast for a successful breakout of resistance ($200–210) with a probability of 65%. If the breakout fails, the price may drop to $172.
• There is also a classic technical pattern called “Cup & Handle” that enhances hopes for long-term bullish momentum.
Forecasting the movement from today to tomorrow (August 18–19)$SOL :-
Price forecasts from multiple sources:
1- Source CoinLore, slight decline for the next day ≈ $176.80.
2- Source CoinCodex, outlook for a bullish move towards resistance areas ≈ $194.69.
3- Source CoinCheckup, moderate forecast based on daily performance ≈ $188.14.
4- Source MEXC, stabilizing close to the current price ≈ $184.14.
5- Source Kraken, similar to MEXC ≈ $185.05.
Expected range for tomorrow: approximately between $177 to $195, depending on technical developments and news.
Key points for SOL from today to tomorrow:
• Short-term trend: if the resistance at $185–189 breaks due to bullish momentum, we may see a rise towards $200.
• However, if selling pressure prevails, the stronger support around $172–173 may be maintained.
• Positive news regarding the chances of ETF approval and the strong price action today enhances the likelihood of a short-term bullish trend.
Summary:-
• Price today (August 18): approximately $185.15.
• From a mixed technical perspective:
• Investing.com sees “Strong Sell”.
• TradingView leans towards “Buy” and “Strong Buy” across moving averages.
• Key resistance: $185–189.
• Critical support: $171–173.
• Tomorrow's forecasts: most forecasts indicate a range of $177–195.
• The strongest bullish scenario in case of breaking resistance, while the bearish scenario arises if the market weakens or is affected by negative news.
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