NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Solana’s Tough Climb: SOL Price Struggles to Find Solid Ground

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
SOL Price Struggles

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Solana extended losses below the $150 support zone. SOL price is consolidating and might recover if it clears the $152.50 resistance zone.

  • SOL price declined further and even traded below $150 against the US Dollar.
  • The price is now trading below $160 and the 100-hourly simple moving average.
  • There is a connecting bearish trend line forming with resistance at $150 on the hourly chart of the SOL/USD pair (data source from Kraken).
  • The pair could clear the $152.50 resistance to start a short-term recovery wave.

Solana Price Eyes Recovery

Solana price remained in a short-term bearish zone like Bitcoin and Ethereum. SOL extended losses below the $160 support zone and is now consolidating losses. It is stuck below the $150 level.

There was a minor move above the 23.6% Fib retracement level of the downward move from the $163.25 swing high to the $145.03 low. Solana price is now trading below $155 and the 100-hourly simple moving average. Immediate resistance is near the $150 level.

There is also a connecting bearish trend line forming with resistance at $150 on the hourly chart of the SOL/USD pair. The next major resistance is near the $152.50 level. A successful close above the $152.50 resistance could set the pace for another major increase.

Solana Price
Source: SOLUSD on TradingView.com

The next key resistance is near $157 or the 61.8% Fib retracement level of the downward move from the $163.25 swing high to the $145.03 low. Any more gains might send the price toward the $165 level.

More Losses in SOL?

If SOL fails to rally above the $152.50 resistance, it could start another decline. Initial support on the downside is near the $145 level.

The first major support is near the $142 level, below which the price could test $135. If there is a close below the $135 support, the price could decline toward the $120 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone.

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

Major Support Levels – $145, and $142.

Major Resistance Levels – $152.50, $157, and $165.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

s

仮想通貨 おすすめ:Snorter BotがICOで60万ドル超を調達、ミームコイントレーダー向けTelegramボットが業界最安の0.85%手数料を提供

新たなTelegram取引ボット Snorter Token($SNORT) がICO開始からわずか2週間足らずで、65万ドル以上の資金を調達しました。 このプロジェクトは、ミームコイン市場で損失を出...

Yohei Hanazato 10 hours ago
Bitcoin Cryptocurrency

ビットコインの新時代が始まる:Bitcoin Hyperが高速処理とdAppsを実現、ミームコイン時代に突入 – ICOは5日で100万ドル達成

ビットコイン($BTC)は、長らく分散性・セキュリティ・不変性の象徴として君臨してきました。しかし、開発プラットフォームとしては遅く、制限が多いことが課題でした。 その状況を打破するのが Bitcoi...

Yohei Hanazato 10 hours ago
Bitcoin

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814....

Scott Matherson 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Sebastian Villafuerte 7 hours ago
Ethereum

Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke

Scott Matherson 8 hours ago
XRP

XRP Dominance Prepares To Shatter Fib 0.5 After 4 Historic Rejections

Godspower Owie 9 hours ago

Premium Sponsors

Top Brands

Press Releases

  • ETHRANSACTION Cloud Mining: A Deep Dive into the Steady...

    13 hours ago
  • MEXC Launches Golden Era Showdown Mid-Year Trading Event...

    14 hours ago
  • なぜSnorterは過小評価されているプレセールなのか?

    Dự đoán giá Pepe: Meme coin tiềm năng sẽ vượt...

    18 hours ago
  • BTCBULL

    Liệu Pi Crypto đã hết thời? Phân tích giá PI hé...

    19 hours ago
  • Best -altcoins

    Coinbase niêm yết alt coin mới: Đừng bỏ lỡ cơ...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.