Solana (SOL) Price Seeks to Retest Breakout Line as Bearish Sentiment Spikes
📉
Solana (SOL) experienced a bullish breakout on July 19, moving past its symmetrical triangle pattern. This pattern often indicates a period of price consolidation. However, the altcoin has recently faced increased bearish sentiment.
The price of SOL peaked at $182.52 but has since declined, currently trading at $168.93. Indicators such as the Parabolic SAR and Chaikin Money Flow show bearish trends and reduced liquidity inflow.
If the downtrend continues, SOL might revert to the symmetrical triangle pattern, potentially targeting a price of $154.22. Nevertheless, analysts believe a rally to $200 is possible if the retest of the breakout line is successful.
Brian Quinlivan from Santiment highlighted SOL's positive correlation with Bitcoin, suggesting that a Bitcoin bounce could also boost SOL.
Source: beincrypto.com ↗
Podobne artykuły (97)
Solana Price Set for Massive Gains? RSI Hints at Major Rally from Key Support Level
Solana Price Alert: Buy Signal Detected Despite Bearish Conditions
Should You Invest in Solana Now? Latest Price Analysis
Solana Soars Past $150 with $4 Billion Trading Volume – What’s Coming Next?
Solana Price Holds Above Crucial $120-$128 Support: Is a Recovery on the Horizon?
Solana Price Crash: SOL Breaches Crucial Support, Next Stop $125?
Solana Volumes Continue To Exceed Ethereum: But What’s Next for SOL Price?
Solana On watch: SOL Price Could Crash To $90 If This Happens
Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?
Solana’s Decline: Could SOL Drop to $120? Experts Recommend Considering This Alternative
Solana Plummets 17% As SOL Hits $118: Is a Break Below Inevitable?
Solana To $100 Inevitable After This Break? SOL Forms A Triple Bottom
Solana Price (SOL) Gains Traction: Poised for Further Increase?
Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130
Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?
Solana (SOL) Jumps 39% From Crash Low, But Is This Rally Sustainable?
Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside?
Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside?
Solana (SOL) Continues Sideways Move As Outflows Record $39 Million
Solana Price (SOL) Could Spark Another Rally by Clearing $162
Solana At A Crux: Will SOL Crash To $120 Accelerated By These Factors?
Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds
Solana Price (SOL) Slips to $140: Will This Level Support a Rebound?
Solana (SOL) Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum
Solana (SOL) 180-Day Consolidation Set to Break: Massive Rally Just Around the Corner?
Solana Major Breakout Looms As SOL Sets Sights On $164 Level
Solana (SOL) Holding Above Monthly Support: New All-Time High Next?
Solana Bulls Regain Strength, Target $137 Amid Weakening Resistance
Solana (SOL) Fails To Maintain $130, Can SOL Skip To $150 In September? Analyst Doubt
SOL Price Drops Below $140 as Support Comes Under Pressure
Is Solana (SOL) Price Aiming to Break the Losing Streak?
Solana Buyers Retreat: Can SOL Price’s $132 Support Save the Day?
Solana (SOL) Price Initiates Recovery but Is Destined to Fall Again
Solana Is Approaching a Tipping Point: Will It Rebound or Fall Below the $100 Mark?
Solana: Why THIS price level could be crucial for SOL’s upcoming rally
Solana Price Rebounds as Founder Dispels Misconceptions on Network Capacity
Solana Price Holds Above $180 Despite Recent Volatility and SEC Legal Updates
Solana Price Analysis: $210 Target Remains Strong Amid 8% Correction
Solana price prediction: Is $130 the next target as SOL fails to reclaim $155?
SOL Price Crashes 18%, On-chain Metrics Remain Bullish: $200 Retest Soon?
Solana at a major turning point: Can SOL hold on to its gains?
Alert! Solana (SOL) breaches crucial level, Eyes on $125
Solana Price Analysis As Bullish Fractal Targets $180
Solana Breaks Key Resistance, Experts See a New Buying Opportunity
SOL Price Restarts Bull Cycle At $130 Amid Market Recovery
Solana Surges Over 14%, Reclaiming $135: Has the Stage Set for a Full SOL Price Recovery?
Solana Reclaims $150 As It Enters Crucial Resistance: $200 Target Activated for the SOL Price Rally!
Solana: How a $160 breakout can help SOL reach $190
Will Solana’s key support at $153.95 hold or break this week?
Solana price prediction – Here’s why SOL needs THESE levels to hold on
Solana Price 18% Away from Major Flag Pattern Breakout
Solana price prediction: Uptrend hinges on breaking THIS resistance level!
Will Solana cross the $153 resistance? Looking at SOL’s road ahead
Will Solana fall from $142 to $129? What August holds for SOL
Solana price prediction: What’s next as SOL stalls below $150?
Solana Price Poised for 20% Rally, Here’s Why
Solana (SOL) Price Hangs by a Thread, Risks Losing Hold on Crucial Support
Solana Price Analysis: SOL Struggles Under $150, What’s Next?
Solana (SOL) Price Could Drop to $120 Before New All-Time High, Analyst Says
Solana (SOL) Struggles to Break Free as Traders Bet on a Decline
Solana (SOL) May Struggle to Hold $130 as Bears Aim for Further Decline
Solana Traders Eye on $140 Level, Here’s Why
Solana Price Targets $150 As Liquid Staking Tokens Bag Major Listings
Solana Bears Get Activated: Aim to Drag the SOL Price Below $137—Here’s What’s Next!
Solana buyers lose interest: How long will SOL’s $138 support hold?
Solana Price Prediction: Experts Anticipate Reversal Rally for SOL
Solana Struggles to Break Key Resistance Levels
Solana (SOL) Bearish Trend Hints at Price Correction Toward $130
Solana’s ‘death cross’ dilemma: Can bulls overcome $127 barrier?
Solana traders can expect SOL to fall to $112, but here’s what’s next!
Solana Price Prediction: Why is SOL Price Crashing?
Solana Shows Signs of Recovery: Key Indicators Signal Upward Momentum
Break or Bounce: Solana (SOL) Price Faces Critical Test
SOL Price at Crossroads: Will Bullish Momentum Push Solana Price to $160?
Solana (SOL) Price Holds Above Crucial Support—Is This an Indication of a Sustained Bull Run?
Solana Price Could Skyrocket to $160 Following This Bullish Squeeze
Solana Hit Major Breakout, Eyes on 20% Price Rally
SOL Price Recovery Eyes $150 as Whale Activity Signals Fresh Rally!
Solana Forms Another Lower High: Will the Bulls Hold the SOL Price at $125?
Will Solana Price Surpass $150 Ahead of Breakpoint Conference 2024?
Whales Go on Solana Buying Spree After Breakout, SOL Eyes $165 Next
Solana Faces Challenges Surpassing Key Resistance Levels
Analyst Predicts Potential Breakout for Solana
Solana [SOL] Tests Key $153.95 Support: Will Bulls Rally or Bearish Tide Prevail?
Solana Price Forecast: Support at $150 Crucial Amid Surging DeFi Transactions and TVL
Solana Price Rally: $160 Resistance in Sight as Brazil Approves First Spot SOL ETF
Solana Price Plummets: Bearish Indicators Signal Further Drops Below $100
Solana’s Market Reversal: Will SOL Bulls Retake the $172 Level?
Solana Price Steady Above $180 Amid SEC Regulatory Boost and High Market Activity
Solana Price Eyes Significant Rally Amid On-Chain Metric Growth and $160 Support
Solana’s [SOL] Path to New Highs Faces Critical $160 Resistance Amid Bullish Surge
Solana [SOL] Price Forecast: Potential Dip to $130 If $146 Resistance Holds
Solana Price Surges 18% to $140 Amid Increased Futures Liquidations and Market Indecision
Solana [SOL] Faces Crucial Test at $190 Resistance Level Amid Mixed Market Signals
Solana (SOL) Breaches Key Support: Potential Drop to $122 Imminent Amid Bearish Momentum
Solana Faces 18.2% Drop Amid $190 Resistance Rejection but Bullish Reversal Possible
Solana (SOL) Price Surge: Bullish Momentum Points Towards $180 Level Amid Increased Trading Activity
![Solana [SOL] Tests Key $153.95 Support: Will Bulls Rally or Bearish Tide Prevail?](https://loutre.blockchair.io/w4/storage/news/ctag.png){kind=small}
