- Solana has followed the fixed Al -Azzar Al -Sawliya channel since April 2025, as it rose from $ 100 to 176.18 dollars.
- RSI refers in 61.87 and the MACD gap that narrows into constant momentum with a possible correction or short -term correction.
Solana Cryptocurrency has emerged in the market as many other digital assets have shown fluctuating highlighting the strong bullish momentum in recent weeks. According to the current price procedure, the price constantly respected the upwards channel since early April 2025, starting from about $ 100 and steadily climbing to its current level at $ 175.70. This channel reflects the well -specified upward trend, as price procedures are its highest levels and the highest level along the track.
Explanation of the current market direction Solana
It follows the broader market movement on the market, Coinmarketca data indicates that the bulls were under control. As of the most recent, the data indicates that during the Asian trading session, the original opened its market with a price value of $ 169.93 for a low marking during the session. Currently, Solana is trading at $ 176.18, which reflects an increase of 2.84 % over the past 24 hours, while the maximum market is 91.62 billion dollars, with a fully diluted evaluation of $ 105.92 billion.
In addition, trading volume reached $ 5.7 billion, growing 58.69 % during the day before. The current market conditions suffer from good liquidity, as shown in the maximum volume of 6.24 % to the market. A deeper look at the price movement throughout the day shows a recovery from $ 170 to $ 175 to $ 175, as Solana maintains a strong site as the sixth largest encrypted currency depending on the market value.
Can Sol preserve it to new levels?
Technical analysis to determine whether Solana will stick to his current structure is the key using RSI and MACD indicators. The Relative Power Index (RSI), is currently at 61.87, with a signal line of about 65.15, indicates moderate bullish momentum. Although it has not yet been done in the peak purchase area (usually above 70), the relative strength indicator indicates that there is a space for more upward trend before a possible reflection or unification. The extensive increase in RSI can indicate about 70 to excessive presence and a short -term reflection.
On the other hand, the MACD is supported by the ups. The MACD line is 7.13 and is just lower than the signal line at 7.80 and the graph now indicates a small momentum, but is still negative, at -0.67. If this style is correct, the downward pressure may have been extracted and a bullish cross may happen if the expected transformation continues.
Solana Price works with the Al -Towar channel, supported by technical indicators and has a good direction that cooperates to refer to bullish expectations. However, an intersection process should be monitored on the MACD followed by the RSI value that exceeds 70 carefully. Maintaining prices within the channel will be a key to maintaining this upward path.
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