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ETHUSD Ethereum

2,794.39

7.84 (0.28%)

00:06:45 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	335,459,293,122	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	7.84	0.28%	2,794.39	2,794.38	2,794.39

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2,797.95	2,783.55	2,788.24	2,786.90	2,112.00 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	00:06:45	0.166878	2,794.38	USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,937,698.78	1,052.61	ETH	ETHEUR	ETHGBP	ETHBTC

Solana Price (SOL) Consolidates: Time for a Fresh Comeback?

17/09/2024 7:30am

NEWSBTC

Solana declined and tested the $128 support zone. SOL price is consolidating losses and might aim for a fresh increase above the $132 resistance. SOL price started a consolidation phase from the $128 zone against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $132 resistance zone. Solana Price Holds Support Solana price started a fresh decline from the $140 resistance zone like Bitcoin and Ethereum. SOL declined below the $135 and $132 support levels. It even tested $128. A low was formed at $128.85 and the price is now consolidating losses. There was a minor increase above the $130 level. The price even tested the 23.6% Fib retracement level of the downward move from the $139.83 swing high to the $128.85 low. Solana is now trading below $132 and the 100-hourly simple moving average. There is also a connecting bearish trend line forming with resistance at $132 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $132 level. The next major resistance is near the $135 level or the 50% Fib retracement level of the downward move from the $139.83 swing high to the $128.85 low. A successful close above the $132 and $135 resistance levels could set the pace for another steady increase. The next key resistance is near $140. Any more gains might send the price toward the $150 level. More Downsides in SOL? If SOL fails to rise above the $132 resistance, it could start another decline. Initial support on the downside is near the $130 level. The first major support is near the $128 level. A break below the $128 level might send the price toward the $120 zone. If there is a close below the $120 support, the price could decline toward the $110 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is near the 50 level. Major Support Levels – $130 and $128. Major Resistance Levels – $132 and $135.

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