Sunday, August 24, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Solana (SOL) at Risk: Could More Losses Be on The Horizon?

29 January 2025
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


Solana began a recent decline under the $250 assist. SOL value is consolidating and would possibly face resistance close to the $235 and $242 ranges.

SOL value began a recent decline under the $250 and $240 ranges towards the US Greenback.
The worth is now buying and selling under $240 and the 100-hourly easy transferring common.
There’s a key bearish pattern line forming with resistance at $235 on the hourly chart of the SOL/USD pair (information supply from Kraken).
The pair may begin a recent improve if the bulls clear the $242 zone.

Solana Worth Dips Beneath $250

Solana value struggled to clear the $260 resistance and began a recent decline, like Bitcoin and Ethereum. SOL declined under the $250 and $242 assist ranges.

It even dived under the $230 stage. The latest low was fashioned at $225 and the value is now consolidating losses. It climbed a number of factors above the $230 stage. It cleared the 23.6% Fib retracement stage of the downward transfer from the $244 swing excessive to the $225 low.

Solana is now buying and selling under $240 and the 100-hourly easy transferring common. On the upside, the value is dealing with resistance close to the $235 stage or the 50% Fib retracement stage of the downward transfer from the $244 swing excessive to the $225 low.

There may be additionally a key bearish pattern line forming with resistance at $235 on the hourly chart of the SOL/USD pair. The following main resistance is close to the $242 stage. The primary resistance might be $250. A profitable shut above the $250 resistance zone may set the tempo for an additional regular improve. The following key resistance is $260. Any extra features would possibly ship the value towards the $275 stage.

One other Decline in SOL?

If SOL fails to rise above the $235 resistance, it may begin one other decline. Preliminary assist on the draw back is close to the $225 zone. The primary main assist is close to the $222 stage.

A break under the $222 stage would possibly ship the value towards the $212 zone. If there’s a shut under the $212 assist, the value may decline towards the $200 assist within the close to time period.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is shedding tempo within the bullish zone.

Hourly Hours RSI (Relative Energy Index) – The RSI for SOL/USD is under the 50 stage.

Main Assist Ranges – $225 and $222.

Main Resistance Ranges – $235 and $242.



Source link

Tags: HorizonlossesRiskSOLSolana
Previous Post

13 Mega Whales Holding Over 10,000 Ethereum Join The Network In 24 Hours – Major Accumulation Signal? | Bitcoinist.com

Next Post

Wall Street Pepe Investors Rally Ahead of Presale Launch – Best Crypto To Buy Now?

Related Posts

Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000
Analysis

Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000

23 August 2025
Powell puts September rate cut on the table as Bitcoin rises 2% and Fed odds swing to 90% – CoinJournal
Analysis

Powell puts September rate cut on the table as Bitcoin rises 2% and Fed odds swing to 90% – CoinJournal

22 August 2025
Analyst Says XRP Is Going To At Least $5 This Year, Here’s When To Buy
Analysis

Analyst Says XRP Is Going To At Least $5 This Year, Here’s When To Buy

23 August 2025
TON gains momentum with $780 million treasury and Ledger staking integration – CoinJournal
Analysis

TON gains momentum with $780 million treasury and Ledger staking integration – CoinJournal

23 August 2025
Ether could face volatility as markets eye Powell at Jackson Hole
Analysis

Ether could face volatility as markets eye Powell at Jackson Hole

23 August 2025
Hedera price prediction: HBAR eyes $0.25 amid SWIFT blockchain trials
Analysis

Hedera price prediction: HBAR eyes $0.25 amid SWIFT blockchain trials

24 August 2025
Next Post
Wall Street Pepe Investors Rally Ahead of Presale Launch – Best Crypto To Buy Now?

Wall Street Pepe Investors Rally Ahead of Presale Launch - Best Crypto To Buy Now?

What Makes Cryptocurrency a Game-Changer in Finance?📈👍

What Makes Cryptocurrency a Game-Changer in Finance?📈👍

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
Solana Eyes $360 After Breaking $200 – Here’s Why $SNORT Could Deliver Bigger Gains

Solana Eyes $360 After Breaking $200 – Here’s Why $SNORT Could Deliver Bigger Gains

24 August 2025
Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

24 August 2025
As September looms, is Ethereum due a seasonable pullback?

As September looms, is Ethereum due a seasonable pullback?

24 August 2025
PEPE Price Prediction: Bearish Consolidation Targets $0.0000142 by Early September

PEPE Price Prediction: Bearish Consolidation Targets $0.0000142 by Early September

24 August 2025
AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

AUSTRAC Orders Binance Australia to Appoint Auditor Over AML Failings – Regulation Bitcoin News

24 August 2025
What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

What Is a Crypto Sniper? Inside the High-Speed Traders Dominating Meme Coin Launches – Learning – Insights Bitcoin News

24 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$114,345.00-0.41%
  • ethereumEthereum(ETH)$4,827.481.69%
  • rippleXRP(XRP)$3.030.42%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$867.18-1.74%
  • solanaSolana(SOL)$206.641.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,815.491.74%
  • dogecoinDogecoin(DOGE)$0.232088-1.55%
  • tronTRON(TRX)$0.3663980.60%