Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP – Price coil for an outbreak – is the next leg on hands?

2025-05-21

Fartcoin has increased by 10.62% for the past 24 hours

2025-05-21

Russia plans to intervene Crypto in new action against local payments

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Solana (SOL) Gearing Up: Is There a New Wave on the Horizon?
Analysis

Solana (SOL) Gearing Up: Is There a New Wave on the Horizon?

2024-12-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Solana remained stable above the USD 175 level. SOL price is now recovering losses and facing hurdles near the USD 200 and USD 205 levels.

  • The SOL price started to rise again after testing the $175 zone against the US dollar.
  • The price is now trading above $190 and the 100-hour moving average.
  • There was a break above a connecting bearish trendline with resistance at $185 on the hourly chart of the SOL/USD pair (Kraken data source).
  • The pair could start a new rise if the bulls cross the $205 zone.

Solana Price’s eyes are upside down

Solana price formed a support base and started a new increase from the $185 level, like Bitcoin and Ethereum. There was a decent rise above the USD 190 and USD 192 resistance levels.

There was a break above a connecting bearish trendline with resistance at $190 on the hourly chart of the SOL/USD pair. The pair climbed above $195 and tested the 50% Fib retracement level of the downward move from the $228 swing high to the $175 low.

However, the price is now facing many hurdles near $200. Solana is now trading above $190 and the 100-hourly moving average. On the upside, the price is facing resistance around the $202 level.

Solana Price

The next major resistance is near the $208 level or the 61.8% Fib retracement level of the downward move from the $228 swing high to the $175 low. The main resistance could be at USD 215. A successful close above the USD 220 resistance level could set the pace for another steady rise. The next major resistance is $235. Any further gains could send the price towards the USD 250 level.

See also  Solana (SOL) drops below $200: temporary setback or trend shift?

Another drop in the SOL?

If SOL fails to rise above the USD 208 resistance, it could trigger another decline. The initial downside support is near the $195 level. The first major support is near the $188 level.

A break below the $180 level could send the price towards the $175 zone. If there is a close below the $175 support, the price could fall towards the $162 support in the near term.

Technical indicators

Hourly MACD – The MACD for SOL/USD is gaining speed in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major support levels – USD 195 and USD 188.

Major resistance levels – $208 and $215.

Source link

Gearing Horizon SOL Solana Wave
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP – Price coil for an outbreak – is the next leg on hands?

2025-05-21

Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

2025-05-21

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

2025-05-21

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Ontario Academic aims to revolutionize interaction in the digital space

2024-03-03

Crypto expert reveals why $100,000 is the nominal price level for 2025

2024-09-25

What drives Bitcoin Cash (BCH) & Bitcoin SV (BSV) higher? Is China Entering the Crypto Space?

2023-06-24
Editors Picks

Want a Cut of Global Visa Card Transactions? If You’re a Solana Holder, You’re About To Get ‘Em!

2023-09-07

Exclusive Premium Web3 Domains with Crypto.com NFT!

2024-07-21

US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41,000 BTC By 2023

2023-04-28

Ethereum – Price can’t break $ 3,000 – is the upward trend in danger?

2025-02-24
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP – Price coil for an outbreak – is the next leg on hands?

Fartcoin has increased by 10.62% for the past 24 hours

Russia plans to intervene Crypto in new action against local payments

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$108,417.933.57%
  • ethereumEthereum(ETH)$2,572.694.07%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.382.10%
  • binancecoinBNB(BNB)$657.352.22%
  • solanaSolana(SOL)$172.083.66%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.2303004.96%
  • cardanoCardano(ADA)$0.764.54%
  • tronTRON(TRX)$0.270808-0.33%
  • suiSui(SUI)$3.942.81%
  • chainlinkChainlink(LINK)$15.963.01%
  • avalanche-2Avalanche(AVAX)$22.933.99%
  • stellarStellar(XLM)$0.2921423.59%
  • hyperliquidHyperliquid(HYPE)$26.984.35%
  • shiba-inuShiba Inu(SHIB)$0.0000153.07%
  • hedera-hashgraphHedera(HBAR)$0.1971882.12%
  • unus-sed-leoUNUS SED LEO(LEO)$8.830.82%
  • bitcoin-cashBitcoin Cash(BCH)$403.024.39%
  • the-open-networkToncoin(TON)$3.081.45%
  • polkadotPolkadot(DOT)$4.723.63%
  • litecoinLitecoin(LTC)$95.622.27%
  • moneroMonero(XMR)$364.285.03%
  • bitget-tokenBitget Token(BGB)$5.202.07%
  • pepePepe(PEPE)$0.00001410.28%
  • piPi(PI)$0.8210.47%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$6.268.43%
  • aaveAave(AAVE)$254.44-2.47%
  • bittensorBittensor(TAO)$420.891.53%
  • nearNEAR Protocol(NEAR)$2.854.80%
  • aptosAptos(APT)$5.223.06%
  • okbOKB(OKB)$52.261.02%
  • ondo-financeOndo(ONDO)$0.963.66%
  • kaspaKaspa(KAS)$0.1124625.52%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.6310.50%
  • ethereum-classicEthereum Classic(ETC)$18.713.57%
  • internet-computerInternet Computer(ICP)$5.303.71%
  • gatechain-tokenGateToken(GT)$21.601.50%
  • crypto-com-chainCronos(CRO)$0.0970041.47%
  • mantleMantle(MNT)$0.74-0.30%
  • vechainVeChain(VET)$0.0287674.55%
  • render-tokenRender(RENDER)$4.733.68%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2343391.96%
  • ethenaEthena(ENA)$0.4017599.31%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • algorandAlgorand(ALGO)$0.2275814.24%
  • arbitrumArbitrum(ARB)$0.4013803.88%
  • filecoinFilecoin(FIL)$2.903.54%
  • bitcoinBitcoin(BTC)$108,417.933.57%
  • ethereumEthereum(ETH)$2,572.694.07%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.382.10%
  • binancecoinBNB(BNB)$657.352.22%
  • solanaSolana(SOL)$172.083.66%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.2303004.96%
  • cardanoCardano(ADA)$0.764.54%
  • tronTRON(TRX)$0.270808-0.33%
  • suiSui(SUI)$3.942.81%
  • chainlinkChainlink(LINK)$15.963.01%
  • avalanche-2Avalanche(AVAX)$22.933.99%
  • stellarStellar(XLM)$0.2921423.59%
  • hyperliquidHyperliquid(HYPE)$26.984.35%
  • shiba-inuShiba Inu(SHIB)$0.0000153.07%
  • hedera-hashgraphHedera(HBAR)$0.1971882.12%
  • unus-sed-leoUNUS SED LEO(LEO)$8.830.82%
  • bitcoin-cashBitcoin Cash(BCH)$403.024.39%
  • the-open-networkToncoin(TON)$3.081.45%
  • polkadotPolkadot(DOT)$4.723.63%
  • litecoinLitecoin(LTC)$95.622.27%
  • moneroMonero(XMR)$364.285.03%
  • bitget-tokenBitget Token(BGB)$5.202.07%
  • pepePepe(PEPE)$0.00001410.28%
  • piPi(PI)$0.8210.47%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$6.268.43%
  • aaveAave(AAVE)$254.44-2.47%
  • bittensorBittensor(TAO)$420.891.53%
  • nearNEAR Protocol(NEAR)$2.854.80%
  • aptosAptos(APT)$5.223.06%
  • okbOKB(OKB)$52.261.02%
  • ondo-financeOndo(ONDO)$0.963.66%
  • kaspaKaspa(KAS)$0.1124625.52%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.6310.50%
  • ethereum-classicEthereum Classic(ETC)$18.713.57%
  • internet-computerInternet Computer(ICP)$5.303.71%
  • gatechain-tokenGateToken(GT)$21.601.50%
  • crypto-com-chainCronos(CRO)$0.0970041.47%
  • mantleMantle(MNT)$0.74-0.30%
  • vechainVeChain(VET)$0.0287674.55%
  • render-tokenRender(RENDER)$4.733.68%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2343391.96%
  • ethenaEthena(ENA)$0.4017599.31%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • algorandAlgorand(ALGO)$0.2275814.24%
  • arbitrumArbitrum(ARB)$0.4013803.88%
  • filecoinFilecoin(FIL)$2.903.54%