top partner

for CFD

Solana broke the key resistance and is preparing for higher levels.

Key Support levels: $104

Key Resistance levels: $126

1. Key Resistance Broken

The resistance at $104 finally broke and the price managed to rally briefly to $110. Since then, Solana entered a pullback and is now testing $104 as support. If this level holds, then the price has a clear path higher.

Chart by TradingView

2. Next Target

The high from late December is the current target at $126. Sellers came in strong at that price level, but they may face a stiff battle from buyers this time around, especially if momentum continues to build up.

Chart by TradingView

3. MACD Bullish Cross

The two-day MACD has made a bullish cross and that signals a reversal in the momentum. If buyers continue to keep up the pressure, then this could turn into a sustained rally to higher levels.

Chart by TradingView


The bias for SOL is bullish.

Short-Term Prediction for SOL Price

If Solana is successful in turning the $104 level into a key support, then bulls have a good chance to take the price to $126 next.

The post SOL Soars Past $100, but How High Can it Go? Three Things to Watch This Week (Solana Price Analysis) appeared first on CryptoPotato.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]