{"id":12373,"date":"2024-12-04T05:08:20","date_gmt":"2024-12-04T05:08:20","guid":{"rendered":"https:\/\/cryptd.in\/solana-sol-back-on-track-is-the-uptrend-here-to-stay\/"},"modified":"2024-12-04T05:08:20","modified_gmt":"2024-12-04T05:08:20","slug":"solana-sol-back-on-track-is-the-uptrend-here-to-stay","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/solana-sol-back-on-track-is-the-uptrend-here-to-stay\/","title":{"rendered":"Solana (SOL) Back on Track: Is The Uptrend Here to Stay?"},"content":{"rendered":"<p><em>Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh increase after it settled above the $222 level against the US Dollar.<\/li>\n<li>The price is now trading above $230 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $232 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start a fresh increase if the bulls clear the $240 zone.<\/li>\n<\/ul>\n<h2>Solana Price Eyes Fresh Surge<\/h2>\n<p>Solana price formed a support base and started a fresh increase above the $220 level like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-95k-plateau\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> ve <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-holds-steady-4k\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. There was a decent increase above the $225 and $230 resistance levels.<\/p>\n<p>There was a move above the 50% Fib retracement level of the downward move from the $246 swing high to the $215 low. Besides, there was a break above a key bearish trend line with resistance at $232 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $235 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $240 level or the 76.4% Fib retracement level of the downward move from the $246 swing high to the $215 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Solana.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-656657\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Solana.png?resize=1024%2C478\" alt=\"Solana Price \" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/a><\/p>\n<p>The next major resistance is near the $246 level. The main resistance could be $250. A successful close above the $250 resistance level could set the pace for another steady increase. The next key resistance is $265. Any more gains might send the price toward the $280 level.<\/p>\n<h2>Another Decline in SOL?<\/h2>\n<p>If SOL fails to rise above the $240 resistance, it could start another decline. Initial support on the downside is near the $230 level or the 100-hourly simple moving average. The first major support is near the $220 level.<\/p>\n<p>A break below the $220 level might send the price toward the $215 zone. If there is a close below the $215 support, the price could decline toward the $200 support in the near term.<\/p>\n<p>Teknik G\u00f6stergeler<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $230 and $220.<\/p>\n<p>Major Resistance Levels \u2013 $240 and $250.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels. SOL price started a fresh increase after it settled above the $222 level against the US Dollar. The price is now trading above $230 and the 100-hourly simple moving [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana (SOL) Back on Track: Is The Uptrend Here to Stay? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/solana-sol-back-on-track-is-the-uptrend-here-to-stay\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana (SOL) Back on Track: Is The Uptrend Here to Stay? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Solana started a fresh increase from the $215 zone. 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