Solana price started a decent increase from the $26.80 support against the US Dollar. The price is now trading above $29.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $29.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $32.00 and $32.50 to continue higher in the near term. Solana price is trading above $30 against the US Dollar, similar to bitcoin. SOL...
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Read More »Solana (SOL) Price Analysis: Risk of Downside Break Below $30
Solana price started a fresh decline from the $32.00 resistance zone against the US Dollar. The price is now trading below $31 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $30.60 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $29.50 support zone. Solana price is trading below $32 against the US Dollar, similar to bitcoin. SOL...
Read More »Solana (SOL) Price Analysis: Can Bears Break This Uptrend Support?
Solana price started a fresh decline from the $34.50 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $33.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.40 support zone. Solana price is trading below $33 against the US Dollar, similar to...
Read More »Solana (SOL) Price Analysis: Bullish Break Possible above $35
Solana price started a decent increase from the $31.80 support against the US Dollar. The price is now trading above $33 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $34.50 and $35 to continue higher in the near term. Solana price is trading above $34 against the US Dollar, similar to bitcoin. SOL could start a...
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Read More »Solana (SOL) Price Analysis: Bulls Struggle To Clear This Key Hurdle
Solana price started a fresh decline from the $35.00 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.50 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin. SOL...
Read More »Solana (SOL) Price Analysis: Bears Are Back, Can This Support Hold?
Solana price started a fresh decline from the $39.00 resistance zone against the US Dollar. The price is now trading below $35 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $35.90 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $32.80 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin....
Read More »Solana (SOL) Price Analysis: Risk of a Major Breakdown
Solana price started a fresh decline from the $34.50 resistance zone against the US Dollar. The price is now trading below $32 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $33.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.00 support zone. Solana price is trading below $33 against the US Dollar, similar to bitcoin....
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