Solana

Jane

Bitcoin

<p>The price of Solana (SOL) has been soaring rapidly in recent days, reaching new highs by testing the key resistance of $188. This impressive rise has sparked excitement among crypto investors. Let’s break down the factors propelling SOL to new heights.</p>
<h2 id="h-un-rallye-crypto-porte-par-des-fondamentaux-robustes">A crypto rally driven by robust fundamentals&nbsp;</h2>
<p><a href="https://www.cointribune.com/en/crypto-heres-how-solana-is-rocking-the-market/" target="_blank" rel="noopener noreferrer nofollow">Solana started its upward trend</a> after establishing a solid base around $166. Riding the positive wave of other major cryptos like Bitcoin and Ethereum, SOL easily broke through the resistances at $175 and $180.</p>
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<p>Currently, SOL is trading above $180, supported by a key support level at $175 on the hourly chart. This upward trendline illustrates the power of the movement. However, the immediate resistance at $185 and the major resistance at $188 are key levels to watch.</p>
<p>John Doe, a renowned analyst, <a href="https://en.coin-turk.com/solanas-price-rises-significantly/" target="_blank" rel="noopener noreferrer nofollow">notes</a>: “<em>A close above $188 would mark a new milestone in SOL’s ascent. The next major hurdle would then be at $195, with a potential rally towards $200</em>.”</p> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:SOLUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:SOLUSDT","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
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 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/SOLUSDT/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">SOLUSDT chart</span></a> by TradingView
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<h2 id="h-des-indicateurs-techniques-au-vert">Technical indicators are bullish</h2>
<p>Technical signals confirm Solana’s strength. The hourly MACD is firmly anchored in positive territory for the SOL/USD pair. As for the hourly RSI index, it remains above the 50 threshold, indicating a robust <a href="https://www.cointribune.com/en/crypto-solana-explodes-and-surpasses-160-how-far-will-it-go/" target="_blank" rel="noopener noreferrer nofollow">upward momentum</a>.</p>
<p>However, it is crucial to keep an eye on supports in case of a pullback. An initial level is at $182, while a more marked decline would expose SOL to a return towards $178 and the trendline. Lower, the crucial supports at $175 and $166 would contain the losses.</p>
<p>Jane Smith, an experienced trader, comments: “<em>Solana shows resilience like no other. Despite the resistances, the momentum remains bullish. A healthy consolidation above the supports would bolster confidence to aim for new highs</em>.”</p>
<p>Solana’s surge captivates the <a href="https://www.cointribune.com/en/bitcoin-hits-70000-this-number-hides-an-unexpected-dynamic/" target="_blank" rel="noopener noreferrer nofollow">crypto community</a>. Driven by solid fundamentals and a strong upward momentum, SOL is testing major resistances. If the token manages to overcome them, it could pave the way for new records. However, savvy investors will keep a close eye on the key supports that mark this upward path, ready to react in case of a reversal.</p>
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Crypto: Solana soars and crosses the $180 mark.

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