Solana has started a new increase over the $ 188 region. Sol PRICE now unifies the gains and may aim to make more gains over the $ 200 region.
- Sol PRICE has started a new upward step over $ 180 and $ 185 against the US dollar.
- The price is now trading over $ 188 and the simple moving average for 100 hours.
- There is a major climbing trend that is formed with support at $ 190 on the watch chart for the Sol/USD (data source from Kraken).
- The husband can start a new increase if he wipes the resistance area $ 200.
Solana Prayes earns momentum
Solana Price began a decent increase after I found support near the $ 175 region, such as Bitcoin and ethereum. Seoul rose above the level of $ 180 to enter a short -term positive area.
The price even broke the resistance of $ 185. The bulls managed to pay the price higher than the RENDRATION level by 50 % of the declining move from the highest level in 206 dollars to $ 175. There is also a major difficulty line formed with support at $ 190 on the watch chart for the Sol/USD.
Solana is now trading over $ 190 and a simple moving average for 100 hours. In the upward direction, the price faces resistance near the level of $ 195. It is close to the RERERERERDER 61.8 % level of FIB from moving to the declining from the alternative of $ 206 to $ 175.
The following main resistance is approaching the level of $ 198. The main resistance can be $ 200. A successful closure over the resistance area of $ 200 can determine another fixed increase. The next main resistance is $ 212. Any other gains may send the price to the level of $ 225.
Are the negative aspects limited in Seoul?
If Sol fails to rise above $ 200 resistance, another decrease may start. Initial support is located on the negative side near the $ 190 and trend line. The first main support is near the level of $ 188.
A lower $ 188 lounge may send the price to the $ 184 support zone. If there is an approach to $ 184 support, the price may decrease to support of $ 175 in the short term.
Technical indicators
Each MACD Watch – Macd is acquired for Sol/USD and a pace in the upper area.
RSI Hour Watches (Relative Power Index) – RSI for Sol/USD higher than 50 level.
Main support levels – $ 190 and $ 188.
Main resistance levels – $ 195 and $ 200.
