Solana’s (SOL) upward correction is running into resistance at the 21-day SMA. Price analysis by Coinidol.com.
Long-term forecast for Solana price: bearish
Solana (SOL) prices have rebounded after hitting a low of $115 on April 13, 2024. Bulls bought the dips and the altcoin found support above the breakout price of $126.
Altcoin was in an upward correction last week trading below the moving average lines but above the $126 support level.
If buyers keep the price above the moving average lines, SOL will reach its previous high of $210. However, the altcoin will invalidate the bullish scenario by falling to an area below the recent high. Solana is now worth $156.24.
Greining á Solana verðvísi
The price bars on the 4-hour chart are above the moving average lines, reflecting the recent rally in the market. Solana’s upward movement is hindered as it is in the bearish trend zone. Doji candlesticks are limiting and delaying price fluctuations.
Tæknilegar vísa
Lykilbirgðasvæði: $100, $120, $140
Helstu eftirspurnarsvæði: $80, $60, $40
Hvert er næsta skref fyrir Solana?
Solana is trading above the breakout level of $126. In its first upward correction after the plunge, the altcoin has encountered resistance at $159. The altcoin will fall and stay within its trading range, waiting for the timing of a possible breakout.
Fyrirvari. Þessi greining og spá eru persónulegar skoðanir höfundar og eru ekki tilmæli um að kaupa eða selja cryptocurrency og ætti ekki að líta á sem meðmæli frá CoinIdol.com. Lesendur ættu að gera rannsóknir sínar áður en þeir fjárfesta í sjóðum.
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- Heimild: https://coinidol.com/solana-encounters-resistance/
