Thursday, June 12, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Market & Analysis

Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?

n70products by n70products
September 10, 2024
in Market & Analysis
0
Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Solana began a restoration wave from the $120 zone. SOL value is rising and may purpose for a transfer towards the $150 resistance degree.

  • SOL value began a restoration wave above the $125 degree towards the US Greenback.
  • The worth is now buying and selling above $128 and the 100-hourly easy shifting common.
  • There’s a connecting bullish pattern line forming with assist at $130 on the hourly chart of the SOL/USD pair (information supply from Kraken).
  • The pair might achieve bullish momentum if it clears the $138 resistance zone.

Solana Worth Extends Losses

Solana value fashioned a assist base above the $120 degree and began a restoration wave like Bitcoin and Ethereum. SOL traded above the $125 and $128 resistance ranges.

The worth even climbed above $132 and examined the important thing barrier at $138. A excessive was fashioned at $137 and the worth is now consolidating good points. There was a minor decline under $135 and the 23.6% Fib retracement degree of the upward transfer from the $120 swing low to the $137 excessive.

Solana is now buying and selling above $130 and the 100-hourly easy shifting common. There’s additionally a connecting bullish pattern line forming with assist at $130 on the hourly chart of the SOL/USD pair.

Solana Price

On the upside, the worth is going through resistance close to the $135 degree. The following main resistance is close to the $138 degree. A profitable shut above the $135 and $138 resistance ranges might set the tempo for an additional regular enhance. The following key resistance is close to $142. Any extra good points may ship the worth towards the $150 degree.

One other Decline in SOL?

If SOL fails to rise above the $138 resistance, it might begin one other decline. Preliminary assist on the draw back is close to the $130 degree and the pattern line. The primary main assist is close to the $126 degree and the 61.8% Fib retracement degree of the upward transfer from the $120 swing low to the $137 excessive.

A break under the $126 degree may ship the worth towards $120. If there’s a shut under the $120 assist, the worth might decline towards the $110 assist within the close to time period.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is dropping tempo within the bullish zone.

Hourly Hours RSI (Relative Energy Index) – The RSI for SOL/USD is above the 50 degree.

Main Help Ranges – $130 and $126.

Main Resistance Ranges – $135 and $138.



Source link

Tags: PricereturnShowsSOLSolanaStrength
Previous Post

Traders Pulling From ETH Derivative Exchanges: What’s Next For Ethereum?

Next Post

US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report

Next Post
US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report

US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

XRP Bulls Return—Will This Be the Breakout to $3?

XRP Bulls Return—Will This Be the Breakout to $3?

February 20, 2025
Pirating pioneer Napster sells for $207M with plans for music metaverse

Pirating pioneer Napster sells for $207M with plans for music metaverse

March 26, 2025
Trader Says Altcoin That’s Exploded Over 90% in Four Days To Go Way Higher, Updates Outlook on Bitcoin

Trader Says Altcoin That’s Exploded Over 90% in Four Days To Go Way Higher, Updates Outlook on Bitcoin

February 10, 2024
8,200,000 Residents in California Will Play a Major Role in Determining Future of Crypto, Says Coinbase

8,200,000 Residents in California Will Play a Major Role in Determining Future of Crypto, Says Coinbase

February 14, 2024
US crypto reserve no substitute for SEC clarity — Industry exec

‘Crypto markets have been languishing in SEC limbo’

May 19, 2025
Two Prime Backs Bitcoin Over Ethereum as Buy Pressure Mounts

Two Prime Backs Bitcoin Over Ethereum as Buy Pressure Mounts

May 3, 2025

Recent Posts

  • Donald Trump Addresses Coinbase Conference To Discuss Crypto Plans
  • XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7
  • Ethereum beats S&P 500 and Solana—Here’s what the $65B DeFi war signals!

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Donald Trump Addresses Coinbase Conference To Discuss Crypto Plans

Donald Trump Addresses Coinbase Conference To Discuss Crypto Plans

June 12, 2025
XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7

XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7

June 12, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version