• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

Solana (SOL) Struggles to Rebound—Key Hurdles Blocking Recovery

n70products by n70products
March 7, 2025
in Market & Analysis
0
Solana (SOL) Struggles to Rebound—Key Hurdles Blocking Recovery
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Solana began a recent decline under the $165 zone. SOL value is now consolidating losses and would possibly battle to get well above the $145 resistance.

  • SOL value began a recent decline under the $165 and $150 ranges in opposition to the US Greenback.
  • The worth is now buying and selling under $150 and the 100-hourly easy shifting common.
  • There was a break under a short-term rising channel with assist at $144 on the hourly chart of the SOL/USD pair (knowledge supply from Kraken).
  • The pair may begin a recent enhance if the bulls clear the $155 zone.

Solana Worth Faces Hurdles

Solana value struggled to clear the $180 resistance and began a recent decline, like Bitcoin and Ethereum. SOL declined under the $162 and $150 assist ranges.

It even dived under the $140 degree. The latest low was shaped at $132 earlier than the value recovered some losses. It climbed above the $140 and $142 ranges. The worth surpassed the 23.6% Fib retracement degree of the downward transfer from the $180 swing excessive to the $132 swing low.

Nonetheless, the bears had been energetic close to $152 and pushed the value decrease. There was a break under a short-term rising channel with assist at $144 on the hourly chart of the SOL/USD pair.

Solana is now buying and selling under $145 and the 100-hourly easy shifting common. On the upside, the value is dealing with resistance close to the $145 degree. The following main resistance is close to the $148 degree. The principle resistance may very well be $155 and the 50% Fib retracement degree of the downward transfer from the $180 swing excessive to the $132 swing low.

Solana Price

A profitable shut above the $155 resistance zone may set the tempo for an additional regular enhance. The following key resistance is $162. Any extra features would possibly ship the value towards the $175 degree.

Extra Losses in SOL?

If SOL fails to rise above the $148 resistance, it may begin one other decline. Preliminary assist on the draw back is close to the $136 zone. The primary main assist is close to the $132 degree.

A break under the $132 degree would possibly ship the value towards the $125 zone. If there’s a shut under the $125 assist, the value may decline towards the $120 assist within the close to time period.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is dropping tempo within the bearish zone.

Hourly Hours RSI (Relative Energy Index) – The RSI for SOL/USD is under the 50 degree.

Main Assist Ranges – $136 and $132.

Main Resistance Ranges – $148 and $155.



Source link

Tags: blockingHurdlesReboundKeyRecoverySOLSolanaStruggles
Previous Post

Ethereum Holds Key Support Amid Volatility – Can Bulls Break $2.3K To Regain Momentum?

Next Post

Bitcoin Dips After Trump’s Strategic Reserve Order: Why?

Next Post
Bitcoin Dips After Trump’s Strategic Reserve Order: Why?

Bitcoin Dips After Trump’s Strategic Reserve Order: Why?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Dogecoin Descending Triangle Could Hint At Next Destination For DOGE

Dogecoin Descending Triangle Could Hint At Next Destination For DOGE

November 8, 2024

Bitwise CIO Matt Hougan Says ‘We’re Not Bullish Enough’ on Crypto Amid Massive Industry Sentiment Shift

August 3, 2024
Scaling Ethereum L1 won’t solve its problems, the future is… – Kyle Samani

Scaling Ethereum L1 won’t solve its problems, the future is… – Kyle Samani

May 9, 2025

Recents

Man Drains $3,490,000 From US Government, Several Companies in Bank Fraud Scheme: DOJ

Man Drains $3,490,000 From US Government, Several Companies in Bank Fraud Scheme: DOJ

June 1, 2025
Sharplink’s $1B Ethereum bet: How it can change the game for ETH

Sharplink’s $1B Ethereum bet: How it can change the game for ETH

June 1, 2025
France Charges 25 Over Crypto Kidnapping Spree in Paris

France Charges 25 Over Crypto Kidnapping Spree in Paris

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version