Solana (SOL) continues to stand out in the crypto market, maintaining its strong uptrend while many major coins, including Bitcoin and Ethereum, remain in correction mode. With buyers showing resilience, all eyes are now on the next resistance level.
Solana Price Levels This Week
- Key Support: $185
- Key Resistance: $227
- Current Price (at time of writing): $210
1. Solana Maintains Higher Highs
Since early August, Solana has steadily formed higher highs, defying the broader market pullback. The $185 level has now been confirmed as strong support, giving bulls a solid base to target the next key resistance at $227.
2. Buyers Dominate Despite Selling Pressure
Trading volume data reveals that buyers remain firmly in control. Despite multiple attempts by sellers to cool off the rally, demand has kept prices climbing. Analysts suggest that part of Solana’s strength comes from a rotation of capital out of Ethereum (ETH) into SOL, as reflected in the SOL/ETH pair, which has been trending higher since late August.
SOL-specific analysis: Covers Solana’s ecosystem strengths and provides price predictions between $230–$270, paralleling your bullish outlook toward the $227 resistance.
3. Bullish Momentum Builds on Weekly Indicators
Technical indicators support the bullish case:
- The weekly MACD histogram is making consistent higher highs.
- The MACD moving averages are diverging further, signaling strengthening momentum.
This setup suggests that Solana’s uptrend could continue toward $227, although profit-taking at that resistance level may lead to renewed selling pressure.
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