The price of Solana (SOL) was struggling with less than $ 200, and facing the resistance despite the previous upward momentum. The cryptocurrency has recently been recovered from the level of support of $ 190, hinting over a potential recovery. However, the market morale remains unconfirmed as Sol Records loses the weekly graphs. Analysts expect a recovery about $ 300. Investors closely monitor the reflection signals in the coming days.
Eye analyst Solana’s price erupted: $ 300 after that?
Crypto analyst has set a major technical collapse in the Solana price movement. Class 1 encryption rose to the curiosity line, a large resistance that has previously suppressed its price. This penetration hints to a potential upper reflection, which raises speculation about a possible gathering.
Technical indicators indicate that Solana Breakout can pave the way for a strong upward step. If the momentum continues, analysts believe that the price may be $ 300 as the next main goal.
Solana price analysis
As of Saturday Sol Price hovering At $ 195 with a slight increase of 0.8 %, which indicates resilience amid market fluctuations. The highest altcoin is trading between the support of $ 190 and the level of resistance of $ 200, while maintaining a narrow scale during the past few sessions.
During the weekend Encryption It holds a steady while the main assets have difficulty building any sign of an upward movement. Bitcoin maintains the value of its treatment by about $ 97,000 without signs of increased or decrease.
Ethereum, Solana (SOL) and XRP also follows a similar pattern, lacking any significant increase in prices. Despite the short rise, its general direction remains side by side, which reflects the broader uncertainty in the market.
The main levels of viewing
Technical indicators indicate a possible outbreak. If the resistance Sol exceeds $ 200, it may target the next main level at $ 220. This point may exceed the way for a march of about $ 250. The final bullish scenario will witness the Seoul to reach $ 300, which represents a large profit of 54 % of the current levels.
Pricing support at $ 190 plays a vital role as a declining indicator for Solana. If support fails at $ 190, Solana Price’s expectations It can start as an upward decrease towards the next support level at $ 180. If the Solana price decreases more, it will reach the level of $ 160 which indicates a heavy sale activity. The current momentum remains neutral, as the RSI index maintains a value of 46.
The bullish collapse may occur when Solana exceeds the critical resistance levels according to the current price movement. The price has the ability to move about $ 300, but any failure to maintain current levels may lead to negative market reactions.
Related questions (common questions)
Solana needs to break $ 150 to $ 180 for a strong upward movement.
Yes, if the momentum remains strong and clarify Solana the main resistance.
$ 120 to $ 130 is a major support range; Its loss can lead to more declines.
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