TL;DR Breakdown
- Solana price analysis is bullish today.
- Strongest resistance is present at $90.
- Solana trading price is $50.
The Solana price analysis is bullish today as the coin surged past the $70 resistance level. There is strong resistance present at $90. The Solana trading price is currently at $50.
The MACD shows increasing bullish momentum while the RSI is above 50 levels, indicative of positive market conditions.
The bulls are looking to push SOL/USD above the $90 resistance and continue higher towards the $100 level. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
From a technical perspective, the bulls are in control of the market and a move above the $90 resistance could see Solana testing the $100 level in the near-term. On the downside, support lies at $60 and a break below this level could see the coin retrace back to $50.
From a technical perspective, the bulls are in control of the market and a move above the $90 resistance could see Solana testing the $100 level in the near-term. On the downside, support lies at $60 and a break below this level could see the coin retrace back to $50.
SOL/USD 4-hour price analysis: Latest developments
On the 4-hour Solana price analysis chart, we can see that Solana surged past the $70 resistance level and is currently trading close to the $90 resistance. There is strong resistance present at $90 and a break above this level could see Solana testing the $100 level in the near term. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
The MACD shows increasing bullish momentum while the RSI is above 50 levels, indicative of positive market conditions.
On the daily chart, we can see that Solana has been on a strong uptrend since March and is currently trading close to the $90 resistance level. There is strong resistance present at $90 and a break above this level could see Solana testing the $100 level in the near term. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
SOL/USD 4-hour price chart source: TradingView
On the daily Solana price analysis chart, we can see that Solana has been on a strong uptrend since March and is currently trading close to the $90 resistance level. There is strong resistance present at $90 and a break above this level could see Solana testing the $100 level in the near term. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
The MACD on the daily chart shows increasing bullish momentum while the RSI is above 50 levels, indicative of positive market conditions.
From a technical perspective, the bulls are in control of the market and a move above the $90 resistance could see Solana testing the $100 level in the near-term. On the downside, support lies at $60 and a break below this level could see the coin retrace back to $50.
Solana price analysis for 24-hours: SOL market closes
O n the daily chart, we can see that Solana surged past the $70 resistance level and is currently testing the $90 resistance. There is strong resistance present at $90 and a break above this level could see Solana testing the $100 level in the near term. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
SOL/USD 1-day price chart source: TradingView
The BollingerOL/USD 1-day price chart source: TradingView
The Bollinger Bands show that Solana is currently in a period of high volatility and a breakout from the current range could see the price move higher towards the $100 level. On the downside, support lies at $60 and a break below this level could see Solana retrace back to $50.
Solana Price Analysis Conclusion
In conclusion, the bulls are in control of the market and a move above the $90 resistance could see Solana testing the $100 level in the near-term. On the downside, support lies at $60 and a break below this level could see the coin ret
