Solana began a fresh decline and tested the $ 145 support zone. The SOL price is now recovering and can strive for a modern growth above the zone by USD 150.

• The SOL price began again after it did not spotless USD 160 in relation to the American dollar.
• The price is currently listed below USD 150, and a 100-hour plain movable average.
• There was a break over the key line of the Bear trend with a resistance of 147 USD on the Hour Sol/USD pair chart (data source from Kraken).
• The couple can start a modern growth if they cleanse the $ 152 resistance zone.

Solana Limes Price is gaining

Solana Price fought for higher above USD 160 and began a fresh drop, such as Bitcoin and Ethereum. Sol has fallen below levels of support 155 and 152 USD.

It dived even below USD 150 and tested the USD 145 zone. Low was created at USD 144, and the price is now corrected by some losses. There was a traffic above 23.6% of the level of withdrawal FIB down from a swing with a value of USD 160 to the lowest level of 144 USD.

In addition, there was a break over the key line of the bear trend with resistance of 147 USD on the chart of the SOL/USD hourly pair. Solana now trads below USD 150 and a 100-hour straight movable average.

On the other hand, the price is in the face of resistance near the level of USD 150. Another great resistance is close to USD 152. There is nearly 50% of the level of withdrawal FIB down from a swing worth 160 USD to the lowest level of 144 USD. The main resistance can be USD 155. A successful closure above the resistance zone of USD 155 can set a pace for another constant growth. The next key resistance is USD 160. Any profits can send a price to USD 165.

Another decrease in SOL?

If the SOL does not boost above the resistance of USD 150, it may start another decrease. Initial support in the minus is located near the zone 145 USD. The first enormous support is located near the level of 142 USD.

A break below USD 142 may send a price to the USD 136 zone. If there is a closure below the support in the amount of USD 136, the price may drop in the direction of USD 125 in the near future.

Technical indicators

MacD – MacD for SOL/USD loses the pace in the bear zone.

RSI hours (relative strength indicator) – RSI for SOL/USD is above level 50.

Main support levels – USD 145 and USD 142.

Main resistance levels – USD 152 and USD 155.