Solana Price (SOL) Holds Crucial Support Level: Is the Rally Still Alive?

Solana Price (SOL) Holds Crucial Support Level: Is the Rally Still Alive?

Solana is holding gains above the $150 resistance zone. SOL price is consolidating and might aim for a fresh increase above the $162 resistance zone.


  • SOL price started a fresh increase above the $155 zone against the US Dollar.

  • The price is now trading near $155 and the 100-hourly simple moving average.

  • There is a key rising channel forming with support at $155 on the hourly chart of the SOL/USD pair (data source from Kraken).

  • The pair could start another increase if it stays above the $155 support zone.

  • Solana Price Regains Traction


    Solana price extended its increase above the $155 resistance like Bitcoin and Ethereum. SOL even climbed above $160 before the bears appeared. A high was formed at $162 and the price started a downside correction.


    There was a move below the $160 and $158 levels. However, the bulls ..

    Support the originator by clicking the read the rest link below.