Solana has started a new increase over the $ 162 region. The Sol price is now combined near $ 175 and gains over the $ 180 area may extend.
- Sol PRICE has started a new upward step over $ 155 and $ 162 against the US dollar.
- The price is now trading to less than $ 165 and a simple moving average 100 hours.
- There is a short -term rising channel formed with support at $ 172 on the watch chart for the Sol/USD (data source from Kraken).
- The husband can start with a new increase if the 176 -dollar resistance area is wiped.
Solana Price unifies the gains
Solana PRICE is a base higher than $ 150 and a new increase began, such as Bitcoin and Ethereum. Seoul gained a frequency of a move higher than the resistance levels 155 and 162 dollars.
However, the bears were active under the resistance area of $ 180. A height has been formed at $ 180.10 and the price corrected some gains. The price decreased less than $ 175 and $ 172. A decrease has been formed at $ 169.53 and prices are now trying to increase another.
There was a 50 % higher step from the FIB re -declining level by moving to the bottom from an increase of $ 180 to $ 170. Solana is now trading over $ 172 and a simple moving average for 100 hours. There is also a short -term emerging channel formed with support at $ 172 on the watch chart for the Sol/USD pair.
In the upward direction, the price faces resistance near the level of $ 176 and RERRERRERDING 61.8 % of FIB from moving down from a height of $ 180 to $ 170. The next main resistance is near the level of $ 180.
The main resistance can be $ 185. A successful closure over the resistance area of $ 185 can determine another fixed increase. The next main resistance is $ 192. Any other gains may send the price to the level of $ 200.
Correct the negative side in Seoul?
If Sol fails to rise over $ 176 resistance, you may start to decrease. Initial support on the downside is near the $ 172 region. The first main support is near the level of $ 170.
It may send a break lower than $ 170 the price towards a $ 162 region. If there is an approach to the support of $ 162, the price may decrease to the support of $ 150 in the short term.
Technical indicators
Each MACD Watch – Macd is acquired for Sol/USD and a pace in the upper area.
RSI Hour Watches (Relative Power Index) – RSI for Sol/USD higher than 50 level.
Main support levels – $ 172 and $ 170.
Main resistance levels – $ 176 and $ 180.
