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BTCUSD Bitcoin

67,305.38

-851.64 (-1.25%)

10:35:03 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,321,654,653,498	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-851.64	-1.25%	67,305.38	67,305.16	67,305.17

High Price	Low Price	Open Price	Prev. Close	52 Week Range
68,495.00	66,961.37	68,153.86	68,157.02	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	10:35:02	0.000040	67,305.38	USD

Price x Volume	Volume	Base Symbol	Related Pairs
314,442,591.50	4,642.24	BTC	BTCEUR	BTCGBP	ETHBTC

Solana Price (SOL) Climbs 5%: Is a $200 Target Achievable?

22/07/2024 5:48am

NEWSBTC

Solana started a fresh increase above the $175 zone. SOL price is showing signs of strength and might climb further above the $185 resistance. SOL price started a decent upward move above the $175 resistance against the US Dollar. The price is now trading above $175 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $176 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could aim for more upsides if it clears the $185 resistance level. Solana Price Eyes More Upsides Above $185 Solana price remained in a positive zone above $150 and extended its increase above $155. SOL started a fresh increase above the $162 and $165 resistance levels, outperforming Bitcoin and Ethereum. There was a move above the $180 level. The price gained over 5% and tested the $185 resistance. A high was formed at $185.11 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $170.58 swing low to the $185.11 high. Solana is now trading above the $180 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $176 on the hourly chart of the SOL/USD pair. It is close to the 61.8% Fib retracement level of the upward move from the $170.58 swing low to the $185.11 high. On the upside, the price might face resistance near the $185 level. The next major resistance is near the $188 level. A successful close above the $188 resistance could set the pace for another steady increase. The next key resistance is near $192. Any more gains might send the price toward the $200 level. Are Dips Supported in SOL? If SOL fails to rise above the $185 resistance, it could start a downside correction. Initial support on the downside is near the $180 level. The first major support is near the $176 level and the trend line. A break below the $176 level might send the price toward $168. If there is a close below the $168 support, the price could decline toward the $155 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $180 and $176. Major Resistance Levels – $185 and $188.

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