Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Retail Investors Return to Binance As Bitcoin Hits New All-Time High

October 7, 2025

S&P Global unveils comprehensive benchmark merging crypto and equities

October 7, 2025

What this means for third largest cryptocurrency

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

Solana (SOL) Teeters on the Edge: Is a Steep Decline Next?

January 13, 2025Updated:January 13, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Solana (SOL) Teeters on the Edge: Is a Steep Decline Next?
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Solana did not clear the $205 resistance and trimmed good points. SOL worth is now under $192 and exhibiting a couple of bearish indicators.

  • SOL worth began a recent decline after it failed to remain above $200 towards the US Greenback.
  • The value is now buying and selling under $192 and the 100-hourly easy transferring common.
  • There’s a connecting bearish development line forming with resistance at $190 on the hourly chart of the SOL/USD pair (knowledge supply from Kraken).
  • The pair might begin a recent improve if the bulls clear the $192 zone.

Solana Worth Dips Once more

Solana worth struggled to clear the $200-$205 zone and began a recent decline, like Bitcoin and Ethereum. There was a transfer under the $200 and $192 assist ranges.

The value even dipped under the $185 assist. A low was shaped at $182.20, and the worth is now consolidating losses under the 23.6% Fib retracement degree of the downward transfer from the $223 swing excessive to the $182 low.

Solana is now buying and selling under $192 and the 100-hourly easy transferring common. There may be additionally a connecting bearish development line forming with resistance at $190 on the hourly chart of the SOL/USD pair. On the upside, the worth is dealing with resistance close to the $190 degree.

Solana (SOL) Teeters on the Edge: Is a Steep Decline Next?

The subsequent main resistance is close to the $192 degree. The primary resistance might be $200 or the 50% Fib retracement degree of the downward transfer from the $223 swing excessive to the $182 low. A profitable shut above the $200 resistance zone might set the tempo for one more regular improve. The subsequent key resistance is $212. Any extra good points would possibly ship the worth towards the $225 degree.

One other Decline in SOL?

If SOL fails to rise above the $192 resistance, it might begin one other decline. Preliminary assist on the draw back is close to the $182 degree. The primary main assist is close to the $180 degree.

A break under the $180 degree would possibly ship the worth towards the $175 zone. If there’s a shut under the $175 assist, the worth might decline towards the $162 assist within the close to time period.

Technical Indicators

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

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

Main Assist Ranges – $182 and $180.

Main Resistance Ranges – $190 and $192.



Source link

ad
Decline Edge SOL Solana Steep Teeters
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Retail Investors Return to Binance As Bitcoin Hits New All-Time High

October 7, 2025

S&P Global unveils comprehensive benchmark merging crypto and equities

October 7, 2025

What this means for third largest cryptocurrency

October 7, 2025

S&P Launches Digital Markets 50 Crypto Index

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Retail Investors Return to Binance As Bitcoin Hits New All-Time High
October 7, 2025
S&P Global unveils comprehensive benchmark merging crypto and equities
October 7, 2025
What this means for third largest cryptocurrency
October 7, 2025
S&P Launches Digital Markets 50 Crypto Index
October 7, 2025
A Weekly Close Above $0.41 Could Make History
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.