Solana Price Forecast: SOL can rally 14% if RSI can reclaim this level

United States News News

Solana Price Forecast: SOL can rally 14% if RSI can reclaim this level
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Solana price has attempted many recoveries but all of them have met with a similar fate as sellers pile on. Currently, SOL is in a position to trigger

Solana price has been struggling to overcome the $20.25 resistance level for nearly three weeks.

Solana price slipped below the $20.25 level on August 31 and has been attempting to recover above it ever since. But after two rejections SOL currently trades at $19.45. Interestingly enough, the Awesome Oscillator has recovered above the mean level, suggesting the resurgence of bullish momentum. The Relative Strength Index , however, is still knocking on the 50 level.

A breakdown of this level would confirm the start of a bearish scenario. In such a case, Solana priceInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solana (SOL) Welcomes Canadian Digital Dollar QCAD: DetailsSolana (SOL) Welcomes Canadian Digital Dollar QCAD: DetailsQCAD by Stablecorp, rare CAD-pegged stablecoin, kicks off on Solana (SOL) to unlock wave of opportunities for FX traders
Read more »

Cryptocurrencies Price Prediction: Solana, Tether & Bitcoin – European Wrap 21 SeptemberCryptocurrencies Price Prediction: Solana, Tether & Bitcoin – European Wrap 21 SeptemberSolana (SOL) price shows strong bullish momentum, which has seen the Ethereum (ETH) killer break out from a descending parallel channel. Strangely, th
Read more »

Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATICPrice analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATICBitcoin and the major altcoins are attracting buyers at lower levels, suggesting that the sentiment could be turning positive.
Read more »

Silver Price Forecast: XAG/USD turns choppy after rallying near $23.70, US yields reboundSilver Price Forecast: XAG/USD turns choppy after rallying near $23.70, US yields reboundSilver price (XAG/USD) turns sideways after a vertical upside move to near crucial resistance of $23.70 in the early New York session. The white metal
Read more »

Gold Price Weekly Forecast: Bulls encouraged as losses remain limited in face of hawkish FedGold Price Weekly Forecast: Bulls encouraged as losses remain limited in face of hawkish FedGold price started the week on a bullish note and climbed to its highest level since early September near $1,950 before reversing its direction in the
Read more »

Gold Price Forecast: XAU/USD recovers its losses above $1,910, eyes on US PMI dataGold Price Forecast: XAU/USD recovers its losses above $1,910, eyes on US PMI dataGold price (XAU/USD) recovers its recent losses after retreating to a weekly low of $1,913 during the early Asian session on Friday. As of writing, XA
Read more »



Render Time: 2025-02-21 12:21:46