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Home»Analysis»Solana Rallies along Bitcoin – Momentum Tilt in favor of Sol
Analysis

Solana Rallies along Bitcoin – Momentum Tilt in favor of Sol

2025-04-21No Comments3 Mins Read
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Solana started a new increase compared to the $ 120 support zone. Sol Price is now consolidating and can continue to climb over the $ 142 resistance zone.

  • Sol Price started a new increase above $ 125 and $ 132 levels against the US dollar.
  • The price is now traded above $ 130 and the 100-hour simple advancing average.
  • There is a connecting bullish trend line that forms with support for $ 137 on the hour table of the SOL/USD pair (data source of Kraken).
  • The couple can start a new increase if it knew the $ 142 resistance zone.

Solana -Price wins more than 5%

Solana Price formed a base over the support of $ 120 and started a new increase, such as Bitcoin and Ethereum. Sol was given pace for a movement above the resistance levels of $ 125 and $ 132.

The couple even went to the $ 145 resistance zone. A high was formed at $ 143.06 and the price is now withdrawing. There was a movement below the 23.6% FIB retracement level of the upward movement of the $ 135 Swing low to $ 143 High.

Solana is now traded above $ 130 and the 100-hour simple advancing average. There is also a connecting bullish trend line that forms with support for $ 137 on the hour table of the SOL/USD pair. The trend line is close to the 76.4% FIB racement level of the upward movement of the $ 135 Swing Low to $ 143 High.

Solana -Price

At the top the price is confronted with resistance near the level of $ 142. The next major resistance is near the level of $ 145. The most important resistance can be $ 150. A successful closure above the $ 150 resistance zone could determine the pace for a new steady increase. The next key resistance is $ 155. More profits can send the price to the $ 165 level.

See also  Analyst Reveals Max Pain Scenario for Crypto, Says Caution Needed on Bitcoin as BTC Trades Below This Level

Pullback in Sol?

If Sol does not rise above $ 142’s resistance, this can start a new decline. The first support on the other hand is near the $ 138.50 zone. The first major support is close to the level of $ 137 and the trend line.

A break below the level of $ 137 can send the price to the $ 132 zone. If there is an end under the support of $ 132, the price can fall to $ 125 support in the short term.

Technical indicators

Hourly MacD – The MacD for SOL/USD wins pace in the Bullish Zone.

Hours -hours RSI (relative strength -index) -The RSI for SOL/USD is above 50 level.

Important support levels – $ 137 and $ 132.

Important resistance levels – $ 142 and $ 145.

Source link

Bitcoin favor Momentum Rallies SOL Solana tilt
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