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....
Read More »Solana (SOL) Price Analysis: Risk of More Losses Below $34
Solana price started a fresh decline from the $48 resistance zone against the US Dollar. The price is now trading below $40 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $42.00 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 $34.00 support zone. Solana price is trading below $38 against the US Dollar, similar to bitcoin. SOL...
Read More »Solana (SOL) Price Analysis: Bears Aim Move Below $60
Solana price extended decline below the $80 support against the US Dollar. The price is now trading below $80 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $67.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $68 and $74 to start a fresh recovery wave in the near term. Solano price is struggling below $80 against the US Dollar, similar to bitcoin. SOL could decline...
Read More »Solana (SOL) Price Analysis: Bears In Control Below $92
Solana price extended decline below the $92 support against the US Dollar. The price is now trading below $90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $90.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $90 and $92 to start a fresh recovery wave in the near term. Solano price is struggling below $92 against the US Dollar, similar to bitcoin. SOL could decline...
Read More »Solana (SOL) Price Analysis: Risk of Break Below $95
Solana price extended decline below the $100 support against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $98.20 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $100 and $102 to start a fresh increase in the near term. Solano price is struggling below $100 against the US Dollar, similar to bitcoin. SOL could decline...
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