• bitcoinBitcoin (BTC) $ 95,558.00
  • ethereumEthereum (ETH) $ 2,688.20
  • xrpXRP (XRP) $ 2.58
  • tetherTether (USDT) $ 0.999671
  • bnbBNB (BNB) $ 654.16
  • solanaSolana (SOL) $ 168.45
  • usd-coinUSDC (USDC) $ 0.999900
  • dogecoinDogecoin (DOGE) $ 0.251090
  • cardanoCardano (ADA) $ 0.772583
  • staked-etherLido Staked Ether (STETH) $ 2,688.15
  • tronTRON (TRX) $ 0.237095
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,373.00
  • chainlinkChainlink (LINK) $ 18.03
  • wrapped-stethWrapped stETH (WSTETH) $ 3,215.38
  • stellarStellar (XLM) $ 0.325049
  • avalanche-2Avalanche (AVAX) $ 23.98
  • suiSui (SUI) $ 3.07
  • litecoinLitecoin (LTC) $ 124.66
  • ugold-incUGOLD Inc. (UGOLD) $ 3,037.58
  • the-open-networkToncoin (TON) $ 3.66
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • leo-tokenLEO Token (LEO) $ 9.76
  • usdsUSDS (USDS) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.203725
  • wethWETH (WETH) $ 2,690.47
  • hyperliquidHyperliquid (HYPE) $ 23.93
  • polkadotPolkadot (DOT) $ 4.77
  • mantra-daoMANTRA (OM) $ 7.39
  • bitcoin-cashBitcoin Cash (BCH) $ 316.51
  • ethena-usdeEthena USDe (USDE) $ 0.998907
  • bitget-tokenBitget Token (BGB) $ 5.05
  • uniswapUniswap (UNI) $ 9.61
  • wrapped-eethWrapped eETH (WEETH) $ 2,851.77
  • moneroMonero (XMR) $ 233.26
  • pepePepe (PEPE) $ 0.000010
  • whitebitWhiteBIT Coin (WBT) $ 27.12
  • aaveAave (AAVE) $ 255.98
  • nearNEAR Protocol (NEAR) $ 3.17
  • ondo-financeOndo (ONDO) $ 1.18
  • mantleMantle (MNT) $ 1.09
  • daiDai (DAI) $ 0.999903
  • susdssUSDS (SUSDS) $ 1.04
  • official-trumpOfficial Trump (TRUMP) $ 16.51
  • aptosAptos (APT) $ 5.58
  • internet-computerInternet Computer (ICP) $ 6.79
  • bittensorBittensor (TAO) $ 364.59
  • ethereum-classicEthereum Classic (ETC) $ 20.16
  • okbOKB (OKB) $ 49.51
  • gatechain-tokenGate (GT) $ 22.42
  • tokenize-xchangeTokenize Xchange (TKX) $ 34.17
  • kaspaKaspa (KAS) $ 0.100921
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.303005
  • vechainVeChain (VET) $ 0.031922
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 95,598.00
  • crypto-com-chainCronos (CRO) $ 0.085632
  • algorandAlgorand (ALGO) $ 0.260398
  • render-tokenRender (RENDER) $ 4.15
  • filecoinFilecoin (FIL) $ 3.25
  • arbitrumArbitrum (ARB) $ 0.466457
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998072
  • cosmosCosmos Hub (ATOM) $ 4.62
  • jupiter-exchange-solanaJupiter (JUP) $ 0.730994
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.738403
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,393.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.586481
  • optimismOptimism (OP) $ 1.10
  • fasttokenFasttoken (FTN) $ 3.93
  • lido-daoLido DAO (LDO) $ 1.87
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,689.73
  • celestiaCelestia (TIA) $ 3.01
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,790.42
  • kucoin-sharesKuCoin (KCS) $ 12.01
  • xdce-crowd-saleXDC Network (XDC) $ 0.091779
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,395.00
  • injective-protocolInjective (INJ) $ 13.98
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,031.06
  • ethenaEthena (ENA) $ 0.431462
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.61
  • blockstackStacks (STX) $ 0.881138
  • nexoNEXO (NEXO) $ 1.33
  • immutable-xImmutable (IMX) $ 0.742483
  • raydiumRaydium (RAY) $ 4.41
  • the-graphThe Graph (GRT) $ 0.133586
  • theta-tokenTheta Network (THETA) $ 1.26
  • movementMovement (MOVE) $ 0.525264
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,845.45
  • bonkBonk (BONK) $ 0.000016
  • worldcoin-wldWorldcoin (WLD) $ 1.15
  • flare-networksFlare (FLR) $ 0.020176
  • usual-usdUsual USD (USD0) $ 0.997252
  • sei-networkSei (SEI) $ 0.221381
  • dexeDeXe (DEXE) $ 18.05
  • jasmycoinJasmyCoin (JASMY) $ 0.021099
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 94,784.00
  • telcoinTelcoin (TEL) $ 0.010405
  • galaGALA (GALA) $ 0.021723
  • makerMaker (MKR) $ 1,115.31
  • eosEOS (EOS) $ 0.613638
  • flokiFLOKI (FLOKI) $ 0.000094
  • the-sandboxThe Sandbox (SAND) $ 0.369275
  • tezosTezos (XTZ) $ 0.857558
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.48
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,789.08
  • msolMarinade Staked SOL (MSOL) $ 213.79
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • wbnbWrapped BNB (WBNB) $ 654.75
  • iotaIOTA (IOTA) $ 0.219877
  • flowFlow (FLOW) $ 0.502988
  • jito-governance-tokenJito (JTO) $ 2.65
  • roninRonin (RON) $ 1.24
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,445.00
  • bitcoin-svBitcoin SV (BSV) $ 38.41
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.59
  • neoNEO (NEO) $ 10.60
  • pyth-networkPyth Network (PYTH) $ 0.201606
  • kaiaKaia (KAIA) $ 0.124904
  • tether-goldTether Gold (XAUT) $ 2,908.41
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.11
  • chain-2Onyxcoin (XCN) $ 0.021272
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 183.17
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,847.34
  • axie-infinityAxie Infinity (AXS) $ 4.21
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,689.76
  • paypal-usdPayPal USD (PYUSD) $ 0.999689
  • curve-dao-tokenCurve DAO (CRV) $ 0.501503
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.251385
  • fraxFrax (FRAX) $ 0.994437
  • dogwifcoindogwifhat (WIF) $ 0.627964
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999906
  • berachain-beraBerachain (BERA) $ 5.77
  • heliumHelium (HNT) $ 3.46
  • spx6900SPX6900 (SPX) $ 0.656783
  • elrond-erd-2MultiversX (EGLD) $ 21.59
  • pax-goldPAX Gold (PAXG) $ 2,929.07
  • aerodrome-financeAerodrome Finance (AERO) $ 0.776320
  • decentralandDecentraland (MANA) $ 0.317330
  • arweaveArweave (AR) $ 8.87
  • newton-projectAB DAO (AB) $ 0.012884
  • resolv-usrResolv USR (USR) $ 0.999863
  • starknetStarknet (STRK) $ 0.220250
  • pumpbtcpumpBTC (PUMPBTC) $ 94,404.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008891
  • conflux-tokenConflux (CFX) $ 0.113605
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,690.69
  • insurance-2INSURANCE (INSURANCE) $ 29.40
  • dydx-chaindYdX (DYDX) $ 0.747389
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,683.42
  • matic-networkPolygon (MATIC) $ 0.303256
  • zcashZcash (ZEC) $ 34.00
  • chilizChiliz (CHZ) $ 0.057154
  • pendlePendle (PENDLE) $ 3.22
  • beam-2Beam (BEAM) $ 0.010018
  • meowMEOW (MEOW) $ 0.005837
  • beldexBeldex (BDX) $ 0.075072
  • story-2Story (IP) $ 2.07
  • coredaoorgCore (CORE) $ 0.515762
  • ecasheCash (XEC) $ 0.000026
  • apecoinApeCoin (APE) $ 0.691754
  • true-usdTrueUSD (TUSD) $ 0.996592
  • kavaKava (KAVA) $ 0.455895
  • wormholeWormhole (W) $ 0.167998
  • clbtcclBTC (CLBTC) $ 95,934.00
  • compound-governance-tokenCompound (COMP) $ 53.81
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 95,602.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.411373
  • metars-genesisMetars Genesis (MRS) $ 5.57
  • verus-coinVerus (VRSC) $ 5.98
  • amp-tokenAmp (AMP) $ 0.005388
  • morphoMorpho (MORPHO) $ 2.01
  • apenftAPENFT (NFT) $ 0.00000045
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007941
  • gnosisGnosis (GNO) $ 169.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999927
  • tbtctBTC (TBTC) $ 95,463.00
  • akash-networkAkash Network (AKT) $ 1.76
  • quantixaiQuantixAI (QAI) $ 83.83
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,667.89
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • thorchainTHORChain (RUNE) $ 1.18
  • mina-protocolMina Protocol (MINA) $ 0.339653
  • usdbUSDB (USDB) $ 0.994918
  • axelarAxelar (AXL) $ 0.445349
  • wouldwould (WOULD) $ 0.407795
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • eigenlayerEigenlayer (EIGEN) $ 1.67
  • super-oethSuper OETH (SUPEROETHB) $ 2,690.20
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • based-brettBrett (BRETT) $ 0.040526
  • olympusOlympus (OHM) $ 24.44
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,935.69
  • grassGrass (GRASS) $ 1.63
  • chex-tokenCHEX Token (CHEX) $ 0.392603
  • ketKet (KET) $ 0.391248
  • ai-companionsAI Companions (AIC) $ 0.388807
  • zksyncZKsync (ZK) $ 0.105238
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,691.08
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • 1inch1inch (1INCH) $ 0.262796
  • stader-ethxStader ETHx (ETHX) $ 2,831.98

Solana Records a Lower High of $152; What’s Next for SOL?

0 83

The once-strong bullish sentiment surrounding Solana is starting to fade as it forms lower highs and struggles to break through key resistance levels. This shift in momentum is further highlighted by technical indicators, which now indicate a period of consolidation or possible decline. With the altcoin hitting a barrier of $152, the question remains: what’s next for SOL?

SOL Forms Lower Highs

Since peaking at $193.89 on July 29, the token has failed to sustain its upward trend. The altcoin has been forming a series of lower highs, signaling weakening momentum. This pattern reflects a lack of strong buying pressure, confirmed by the Directional Movement Indicator (DMI), which reveals that the bulls still hold a slight advantage with a +DI of 23.0564 over the -DI of 20.3474.

However, the ADX reading of 19.2392 suggests that this advantage may not be enough to push prices higher in the short term. Despite this, Solana’s price remains in a consolidation phase, hovering around $143.27.

SOL/USD 1-Day Chart (Source: CoinMarketCap)

The token experienced a minor 0.18% dip in value over the last 24 hours, while its market cap also saw a slight decline. Nonetheless, the 24-hour trading volume showed a surprising increase of over 77%, reaching $2.4 billion, indicating some activity level from traders.

Resistance Levels and Possible Outcomes

Currently, Solana faces stiff resistance around the $152 level, a critical barrier that could impede any upward movement. If the cryptocurrency fails to break this resistance, its price could dip toward $134, a level that analysts are watching closely for potential support.

This point could be a critical level to watch for potential buying opportunities, as a bounce from this support level could indicate a reversal in the downtrend. However, if the cryptocurrency cannot hold the $134 support, it could drop further, possibly testing the $120 level.

Solana Records a Lower High of $152; What's Next for SOL?

SOL/USD 1-Day Chart (Source: TradingView)

On the other hand, if the price manages to break through the $152 resistance and establish it as a new support, the next resistance level to watch would be $163.70. A breach of this level could push it higher, potentially reaching $170, marking a significant price recovery.

As Solana continues to consolidate, the next few days will determine whether the cryptocurrency can regain its upward momentum. Market conditions remain uncertain, and the outcome will likely depend on whether Solana can overcome the key resistance levels that currently hold it back.

Source

Leave A Reply

Your email address will not be published.