Blockchair logosu

Solana (SOL) Momentum Builds: $250 Could Just Be The Beginning Newsbtc 29 Kas 2024

Solana (SOL) Momentum Builds: $250 Could Just Be The Beginning 📈

Solana has started to show renewed strength following a rise from the $220 zone. The SOL price is trading above $240 and is attempting to break through the $250 resistance level for a sustained upward momentum. This positive shift occurred after the price stabilized above the $225 mark against the USD.

The increase has seen Solana surpass key resistance levels, with a notable break over a bearish trend line at $240. It is now trading well above the 100-hour simple moving average.

Currently, the price is facing slight resistance around $244, aligning with the 61.8% Fib retracement level from a previous $256 to $221 decline. If the price successfully closes above the critical $250 level, further gains toward $265 and potentially $278 could follow.

In the event of not surpassing the $248 resistance, the price might descend towards initial support at $240. If breached, it could dip further towards key support levels at $232 and $230. A sustained move below these could revert the price back to $220 in the short term.

Technical indicators point to a bullish momentum, with the hourly MACD gaining and RSI remaining above 50, supporting the upward trajectory.

Kaynak: www.newsbtc.com ↗

Benzer makaleler (29)

 Solana price recovers from sharp sell-off, is $300 SOL possible? Cointelegraph 27 Kas 2024
Solana price recovers from sharp sell-off, is $300 SOL possible?
Solana News: SOL Price To Break $250 Amid Widespread Hold Sentiment, Dogecoin And New MemeFi Favourite Also See Increased Holders TheNewsCrypto 10 Ara 2024
Solana News: SOL Price To Break $250 Amid Widespread Hold Sentiment, Dogecoin And New MemeFi Favourite Also See Increased Holders
Can Solana Sustain Its Momentum and Reach $500? TheNewsCrypto 27 Kas 2024
Can Solana Sustain Its Momentum and Reach $500?
Solana (SOL) Eyes Recovery as Price Inches Closer to $240 TheNewsCrypto 04 Ara 2024
Solana (SOL) Eyes Recovery as Price Inches Closer to $240
Is Solana Positioned to Reach $420 Despite Volatility? TheNewsCrypto 09 Ara 2024
Is Solana Positioned to Reach $420 Despite Volatility?
Solana Price Prediction: Technical Patterns Suggests SOL Will Reach $1,000 And This Ethereum Altcoin Will Rise To $20 From $0.0243 Cryptonomist 06 Ara 2024
Solana Price Prediction: Technical Patterns Suggests SOL Will Reach $1,000 And This Ethereum Altcoin Will Rise To $20 From $0.0243
Solana (SOL) to $800 Seems So Far, But It Will Happen Sooner Than You Expect Crypto Daily 06 Ara 2024
Solana (SOL) to $800 Seems So Far, But It Will Happen Sooner Than You Expect
Solana Might Reach $295 Once It Breaks Key Supply Zone – Details Newsbtc 10 Ara 2024
Solana Might Reach $295 Once It Breaks Key Supply Zone – Details
Crypto Trader Reveals When Solana (SOL) Price Will Hit $400, $600 & $1000 and 1 Alternative to Outperform SOL Crypto Daily 06 Ara 2024
Crypto Trader Reveals When Solana (SOL) Price Will Hit $400, $600 & $1000 and 1 Alternative to Outperform SOL
Solana (SOL) Could See A Correction Despite Historic Monthly Close, $400 Still On Sight? Newsbtc 03 Ara 2024
Solana (SOL) Could See A Correction Despite Historic Monthly Close, $400 Still On Sight?
Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup Beincrypto 08 Ara 2024
Solana (SOL) Weekly Chart Targets $300 Breakout Following Bullish Setup
Will Solana  Price Reach $420 During the Festive Season? Coingape 08 Ara 2024
Will Solana Price Reach $420 During the Festive Season?
Will Buying the Dip Push Solana Price to $600? Coingape 09 Ara 2024
Will Buying the Dip Push Solana Price to $600?
Solana – How traders betting on SOL’s price to rally could push it to $315 Ambcrypto 10 Ara 2024
Solana – How traders betting on SOL’s price to rally could push it to $315
Analyst’s Solana Price Forecast Hints $4,000 Target Coingape 11 Ara 2024
Analyst’s Solana Price Forecast Hints $4,000 Target
Is Solana Still Primed to Launch a Bullish Attack to Reach $1000? Here’s What You Need to Know Coinpedia 11 Ara 2024
Is Solana Still Primed to Launch a Bullish Attack to Reach $1000? Here’s What You Need to Know
Solana (SOL) Price to $500? Network Records $32.46B Weekly Trading Volume Blockonomi 12 Ara 2024
Solana (SOL) Price to $500? Network Records $32.46B Weekly Trading Volume
Will Solana Price Hit $300 Before Christmas? Coingape 12 Ara 2024
Will Solana Price Hit $300 Before Christmas?
Solana Price Eyes $1,500 As SOL Rivals Ethereum Across All Metrics Coingape 28 Kas 2024
Solana Price Eyes $1,500 As SOL Rivals Ethereum Across All Metrics
Solana: Will SOL drop to $200 after THIS bearish pattern emerges? Ambcrypto 28 Kas 2024
Solana: Will SOL drop to $200 after THIS bearish pattern emerges?
Solana Price Analysis: SOL On-chain Sentiments Hint A Breakout Rally? Coinpedia 29 Kas 2024
Solana Price Analysis: SOL On-chain Sentiments Hint A Breakout Rally?
Solana December prediction: Why $300 is within reach for SOL bulls Ambcrypto 02 Ara 2024
Solana December prediction: Why $300 is within reach for SOL bulls
Solana Price Targets $500 As Analyst Reveals Reason Behind SOL Rally Coingape 02 Ara 2024
Solana Price Targets $500 As Analyst Reveals Reason Behind SOL Rally
Here’s Why Solana Price Will Hit $500 In December Coingape 27 Kas 2024
Here’s Why Solana Price Will Hit $500 In December
Is Solana Ready to Break $245 and Reach $270? Coinpedia 05 Ara 2024
Is Solana Ready to Break $245 and Reach $270?
Solana Price Targets $302 While Top SOL Addresses Gobble Up 2 Cheaper Coins, what’s cooking? Coingape 05 Ara 2024
Solana Price Targets $302 While Top SOL Addresses Gobble Up 2 Cheaper Coins, what’s cooking?
Can Solana Price Rise To $300 In The Next 30 Days? Coingape 06 Ara 2024
Can Solana Price Rise To $300 In The Next 30 Days?
Solana Price Uncertainty Intensifies! SOL Price Eyes A Retest At $200? Coinpedia 06 Ara 2024
Solana Price Uncertainty Intensifies! SOL Price Eyes A Retest At $200?
Potential for Solana [SOL] to Reclaim $240 as Whales Anticipate Market Changes Coinotag 05 Ara 2024
Potential for Solana [SOL] to Reclaim $240 as Whales Anticipate Market Changes