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Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

Solana price today is trading around $207, holding steady after bouncing from the $200 level. The daily chart shows SOL consolidating within an ascending channel, with immediate resistance between $215 and $220 and firm support near $189.

Solana Price Builds Momentum Inside Channel

SOL price building momentum amid rising channel (Source: TradingView)

The daily chart highlights a rising channel that has guided Solana price action since mid-June. SOL has repeatedly tested the $220 zone but failed to secure a breakout, leaving it capped beneath a supply cluster. On the downside, the 50-day EMA at $189 provides the first line of support, followed by the 100-day EMA at $179.

Related: Ethereum (ETH) Price Prediction for September 9

RSI currently reads 56, signaling balanced momentum but leaning bullish as price holds above its short-term moving averages. A confirmed push through $220 could unlock upside targets toward $230, while a breakdown below $189 would risk a slide to $172.

Nasdaq Catalyst Boosts Sentiment

The post Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Hits 7-month High But Analyst Believes SOL Is Headed to $1000

Solana Hits 7-month High But Analyst Believes SOL Is Headed to $1000

Solana (SOL) just broke out to a seven-month high, clearing $219, and the move has an...
Employment data revision washes $60B from crypto market cap

Employment data revision washes $60B from crypto market cap

The crypto market lost $60 billion in market capitalization during the two hours foll...

Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

Solana price today is trading around $207, holding steady after bouncing from the $200 level. The daily chart shows SOL consolidating within an ascending channel, with immediate resistance between $215 and $220 and firm support near $189.

Solana Price Builds Momentum Inside Channel

SOL price building momentum amid rising channel (Source: TradingView)

The daily chart highlights a rising channel that has guided Solana price action since mid-June. SOL has repeatedly tested the $220 zone but failed to secure a breakout, leaving it capped beneath a supply cluster. On the downside, the 50-day EMA at $189 provides the first line of support, followed by the 100-day EMA at $179.

Related: Ethereum (ETH) Price Prediction for September 9

RSI currently reads 56, signaling balanced momentum but leaning bullish as price holds above its short-term moving averages. A confirmed push through $220 could unlock upside targets toward $230, while a breakdown below $189 would risk a slide to $172.

Nasdaq Catalyst Boosts Sentiment

The post Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Hits 7-month High But Analyst Believes SOL Is Headed to $1000

Solana Hits 7-month High But Analyst Believes SOL Is Headed to $1000

Solana (SOL) just broke out to a seven-month high, clearing $219, and the move has an...
Employment data revision washes $60B from crypto market cap

Employment data revision washes $60B from crypto market cap

The crypto market lost $60 billion in market capitalization during the two hours foll...