
{"id":107935,"date":"2025-10-27T05:48:42","date_gmt":"2025-10-27T05:48:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=107935"},"modified":"2025-10-27T05:48:42","modified_gmt":"2025-10-27T05:48:42","slug":"solana-sol-strengthens-gradual-gains-indicate-renewed-demand-from-buyers","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=107935","title":{"rendered":"Solana (SOL) Strengthens \u2014 Gradual Gains Indicate Renewed Demand From Buyers"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $200 and might aim for more gains above the $208 zone.<\/em><\/p>\n<p>SOL price started a fresh upward move above the $188 and $195 levels against the US Dollar.<br \/>\nThe price is now trading above $200 and the 100-hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $198 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could extend gains if it clears the $208 resistance zone.<\/p>\n<h2>Solana Price Jumps Again Above $200<\/h2>\n<p>Solana price started a decent increase after it settled above the $180 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-accelerates-higher-115k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-moves-higher-4220\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $188 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $198 resistance. The bulls were able to push the price above $200. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $177 swing low to the $204 high.<\/p>\n<p>Solana is now trading above $200 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $198 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Solana_d6b6b6.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near the $205. The next major resistance is near the $208 level. The main resistance could be $212. A successful close above the $212 resistance zone could set the pace for another steady increase. The next key resistance is $225. Any more gains might send the price toward the $232 level.<\/p>\n<h2>Another Pullback In SOL?<\/h2>\n<p>If SOL fails to rise above the $205 resistance, it could start another decline. Initial support on the downside is near the $198 zone and the trend line. The first major support is near the $192 level and the 50% Fib retracement level of the recent upward move from the $177 swing low to the $204 high.<\/p>\n<p>A break below the $192 level might send the price toward the $184 support zone. If there is a close below the $184 support, the price could decline toward the $180 support in the near term.<\/p>\n<p>Technical Indicators<\/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 $198 and $184.<\/p>\n<p>Major Resistance Levels \u2013 $205 and $208.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $200 and might aim for more gains above the $208 zone. SOL price started a fresh upward move above the $188 and $195 levels against the US Dollar. The price is now trading above $200 and the 100-hourly simple moving [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":107936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107935"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107935"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107936"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}