SOLUSD on TradingView.com<\/a><\/figcaption><\/figure>\nOn the upside, the price is facing resistance near the $158 level. The next major resistance is near the $162 level. A successful close above the $158 and $162 resistance levels could set the pace for another steady increase. The next key resistance is near $174. Any more gains might send the price toward the $180 level.<\/p>\n
More Downsides in SOL?<\/h2>\n If SOL fails to rise above the $158 resistance, it could start another decline. Initial support on the downside is near the $153 level. The first major support is near the $150 level.<\/p>\n
A break below the $150 level might send the price toward the $145 zone. If there is a close below the $145 support, the price could decline toward the $138 support in the near term.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone.<\/p>\n
Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n
Major Support Levels \u2013 $153 and $150.<\/p>\n
Major Resistance Levels \u2013 $158 and $162.<\/p>\n","protected":false},"excerpt":{"rendered":"
Solana is gaining pace above the $150 resistance zone. SOL price is rising and might aim for a fresh increase above the $158 resistance zone. SOL price started a fresh increase above the $150 zone against the US Dollar. The price is now trading above $152 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $150 on the hourly chart of the SOL\/USD pair (data source from Kraken). The pair could again gain bullish momentum if it clears the $158 resistance zone. Solana Price Eyes More Upsides Solana price extended its increase above the $150 resistance like Bitcoin and Ethereum. SOL even climbed above $155 before the bears appeared. A high was formed at $1582 and the price started a downside correction. There was a move below the $156 and $155 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $146 swing low to the $158 high. However, the bulls were active near the $154 support zone. Solana is now trading above $152 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $150 on the hourly chart of the SOL\/USD pair. It is close to the 61.8% Fib retracement level of the upward move from the $146 swing low to the $158 high. On the upside, the price is facing resistance near the $158 level. The next major resistance is near the $162 level. A successful close above the $158 and $162 resistance levels could set the pace for another steady increase. The next key resistance is near $174. Any more gains might send the price toward the $180 level. More Downsides in SOL? If SOL fails to rise above the $158 resistance, it could start another decline. Initial support on the downside is near the $153 level. The first major support is near the $150 level. A break below the $150 level might send the price toward the $145 zone. If there is a close below the $145 support, the price could decline toward the $138 support in the near term. Technical Indicators Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level. Major Support Levels \u2013 $153 and $150. Major Resistance Levels \u2013 $158 and $162.<\/p>\n","protected":false},"author":67,"featured_media":644942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[12837,83626,89318,86410,83627],"class_list":["post-644940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\n
Solana Price (SOL) Pushes Higher: Surge Shows No Signs of Slowing<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n