Solana Rises within a Little Range below $141
Login

Solana Rises within a Little Range below $141

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Key Highlights
Solana is in a narrow range above $127
The crypto surges to $140 high

 Solana (SOL) Current Statistics
The current price: $140.31
Market Capitalization: $80,925,064,052
Trading Volume: $3,324,681,342
Major supply zones: $180, $200, $220
Major demand zones: $100, $80, $60

Solana (SOL) Price Long-Term Prediction: Bearish
The price of Solana (SOL) has been stable at $127 but rises within a little range below $141. The altcoin is currently trading above the $127 support and below the moving average lines or resistance at $160. The 21-day SMA is providing resistance to Solana’s upward surge.

A bullish trend will commence if the altcoin recovers and breaks above the 21-day SMA. The cryptocurrency will move up to the 50-day SMA. A break above the 50-day SMA will push the altcoin to its prior high of $200. On the other side, SOL/USD will fall if the existing support is breached. The altcoin will test its prior low of $115.

Solana Rises within a Little Range below $141
SOL/USD – Daily Chart

Solana (SOL) Price Indicator Analysis 
Solana’s moving average lines are horizontal, and the price bars are below them. The 21-day SMA serves as the resistance line for the price bars. Solana is rising since the price bars are higher than the moving average lines. The altcoin is likely to encounter some resistance. The price bars are distinguished by Doji candlesticks, which slow price movement.

What Is the Next Move for Solana (SOL)?
Solana is undergoing an upward correction as it rises within a little range below $141.The cryptocurrency price has surged and is now testing the 21-day SMA. The altcoin’s upward movement has been limited to a narrow range, perhaps leading to a price rebound or breakdown.

The crypto signal is currently range bound because the crypto is still inside a certain range.

Solana Rises within a Little Range below $141
SOL/USD – 4 Hour Chart

You can purchase Lucky Block here. Buy LBLOCK

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News