Solana Gains Momentum Above $155 Again

Solana (SOL) price has recovered and moved above its moving average lines.

Solana Long-Term Price Forecast: Optimistic

On July 15, the positive momentum broke through the 50-day SMA and the first barrier at $155. Solana reached a high of $160 but then pulled back and tested the support at $155.

The uptrend will continue if the altcoin pulls back and stays above the $155 support level. The cryptocurrency will reach highs of $175 and $188.

However, Solana will fall and be forced into sideways movement if buyers fail to sustain the bullish momentum above the $160 high. At the time of writing, the altcoin is valued at $155.45.

Technical indicators

Key supply zones: $200, $220, $240

Key demand zones: $120, $100, $80

Solana Price Indicator Analysis

Solana price bars are above the moving average lines after the recent price increase on July 12. The altcoin is pulling back to the moving average lines. The current uptrend will resume when the pullback remains above the moving average lines. If the altcoin pulls back below the moving average lines, the cryptocurrency will enter a bearish trend.

What are Solana’s next steps?

Solana is currently in an uptrend, with the price breaking the moving average lines on July 12. The crypto asset rose to its current high of $160 before falling sharply. The bulls are now maintaining their bullish momentum above the $155 mark. The previous resistance level was $155, as reported by Coinidol.com on July 10. If the current support level holds, the altcoin will be in a trend.

Disclaimer: This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be considered an endorsement by CoinIdol.com. Readers should do their own research before investing in funds.

Leave a Reply

Your email address will not be published.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

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة