Drusilla Filteau T02Q
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Solana Price Analysis: The Momentum Continues, Targeting 200 $ and Beyond?
Solana shows positive signals after breaking through the resistance zone of $188. The price is currently consolidating the bullish momentum and may soon continue above the significant barrier of $200.
✅ Recent Trend Summary:
SOL started a new momentum from the support zone of $175.
The price has broken through the resistance levels of $180 $ and $185, confirming the short-term bullish trend.
Currently, SOL is trading above the $190 $ zone and the 100-hour simple moving average (SMA 100h).
A strong bullish trend is forming with support around the $190 $ zone on the hourly chart of the SOL/USD pair (data source from Kraken).
📈 Bullish Scenario
Currently, the price of SOL is facing a resistance zone close to $195 $ — coinciding with the 61.8% Fibonacci retracement level of the drop from $206 $ to $175.
Key Resistance: $198 $ and $200.
If the price stabilizes above $200, the bullish trend will be clearly confirmed. In this case:
Next target: $212
Beyond: $225
📉 Bearish Scenario
If SOL cannot break the $200 threshold, a slight adjustment could occur:
Initial support: bullish trend line around $190
Next support: $188
If the price falls below $188, it could drop towards the strong support zone of $184.
In the worst-case scenario, the price could return to $175.
🧭 Technical Indicator
MACD (on the hourly timeframe): Accelerating in the positive zone, supporting the bullish trend.
RSI (Relative Strength Index): Above 50, indicating that the bullish momentum remains in effect.
⚖️ Summary
Solana maintains its bullish momentum after breaking through several key resistance levels. If the price stays above $190 $ and breaks the $200 barrier, a stronger bullish trend could emerge, pushing the price towards the $212 $ - $225 $ zone in the short term.
Solana shows positive signals after breaking through the resistance zone of $188. The price is currently consolidating the bullish momentum and may soon continue above the significant barrier of $200.
✅ Recent Trend Summary:
SOL started a new momentum from the support zone of $175.
The price has broken through the resistance levels of $180 $ and $185, confirming the short-term bullish trend.
Currently, SOL is trading above the $190 $ zone and the 100-hour simple moving average (SMA 100h).
A strong bullish trend is forming with support around the $190 $ zone on the hourly chart of the SOL/USD pair (data source from Kraken).
📈 Bullish Scenario
Currently, the price of SOL is facing a resistance zone close to $195 $ — coinciding with the 61.8% Fibonacci retracement level of the drop from $206 $ to $175.
Key Resistance: $198 $ and $200.
If the price stabilizes above $200, the bullish trend will be clearly confirmed. In this case:
Next target: $212
Beyond: $225
📉 Bearish Scenario
If SOL cannot break the $200 threshold, a slight adjustment could occur:
Initial support: bullish trend line around $190
Next support: $188
If the price falls below $188, it could drop towards the strong support zone of $184.
In the worst-case scenario, the price could return to $175.
🧭 Technical Indicator
MACD (on the hourly timeframe): Accelerating in the positive zone, supporting the bullish trend.
RSI (Relative Strength Index): Above 50, indicating that the bullish momentum remains in effect.
⚖️ Summary
Solana maintains its bullish momentum after breaking through several key resistance levels. If the price stays above $190 $ and breaks the $200 barrier, a stronger bullish trend could emerge, pushing the price towards the $212 $ - $225 $ zone in the short term.
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#TrumpBitcoinEmpire The expression "Trump Bitcoin Empire" evokes the potential rise of Donald Trump in the world of cryptocurrencies, particularly around Bitcoin. Since his return to the political scene, Trump has become increasingly favorable to digital assets, contrary to his previous more critical positions. He has repeatedly mentioned his intention to make the United States a global leader in the crypto sector. Some analysts believe that he could integrate Bitcoin into the country's strategic reserves or promote pro-crypto laws to attract young and tech-savvy voters. This marks a major strategic break and could reshape the American financial landscape. His growing involvement fuels the idea of a true "Bitcoin empire" in his image, where political power intertwines with the digital revolution.
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#BinanceTurns8 Collect all the space badges of cryptos #BinanceTurns8 to have a chance to win rewards in the form of bonuses in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the space badges of cryptos #BinanceTurns8 to have a chance to win rewards in the form of BNB bonuses! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the crypto space badges #BinanceTurns8 for a chance to win rewards in the form of BNB bonuses! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888,888,$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888,888,$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888 888 $ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888,888,$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the crypto space badges #BinanceTurns8 to have a chance to win rewards in the form of BNB bonuses! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the space badges of cryptos #BinanceTurns8 to have a chance to win rewards in the form of BNB bonuses! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888 888 $ in BNB ! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888 888 $ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Join us for the celebration of #BinanceTurns8 and win a share of up to 888,888,$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the space badges of cryptos #BinanceTurns8 to have a chance to win rewards in the form of bonuses in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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#BinanceTurns8 Collect all the space badges of cryptos #BinanceTurns8 to have a chance to win rewards in the form of bonuses in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_ZFF8E
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