
{"id":60709,"date":"2025-04-21T05:08:09","date_gmt":"2025-04-21T05:08:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=60709"},"modified":"2025-04-21T05:08:09","modified_gmt":"2025-04-21T05:08:09","slug":"solana-rallies-past-bitcoin-momentum-tilts-in-favor-of-sol","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=60709","title":{"rendered":"Solana Rallies Past Bitcoin\u2014Momentum Tilts In Favor of SOL"},"content":{"rendered":"<p><em>Solana started a fresh increase from the $120 support zone. SOL price is now consolidating and might climb further above the $142 resistance zone.<\/em><\/p>\n<p>SOL price started a fresh increase above the $125 and $132 levels against the US Dollar.<br \/>\nThe price is now trading above $130 and the 100-hourly simple moving average.<br \/>\nThere is a connecting bullish trend line forming with support at $137 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could start a fresh increase if it clears the $142 resistance zone.<\/p>\n<h2>Solana Price Gains Over 5%<\/h2>\n<p>Solana price formed a base above the $120 support and started a fresh increase, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-breakout-in-progress\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-support-1600\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL gained pace for a move above the $125 and $132 resistance levels.<\/p>\n<p>The pair even spiked toward the $145 resistance zone. A high was formed at $143.06 and the price is now retreating lower. There was a move below the 23.6% Fib retracement level of the upward move from the $135 swing low to the $143 high.<\/p>\n<p>Solana is now trading above $130 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $137 on the hourly chart of the SOL\/USD pair. The trend line is close to the 76.4% Fib retracement level of the upward move from the $135 swing low to the $143 high.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/Solana_7a7e8b.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near the $142 level. The next major resistance is near the $145 level. The main resistance could be $150. A successful close above the $150 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $165 level.<\/p>\n<h2>Pullback in SOL?<\/h2>\n<p>If SOL fails to rise above the $142 resistance, it could start another decline. Initial support on the downside is near the $138.50 zone. The first major support is near the $137 level and the trend line.<\/p>\n<p>A break below the $137 level might send the price toward the $132 zone. If there is a close below the $132 support, the price could decline toward the $125 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 $137 and $132.<\/p>\n<p>Major Resistance Levels \u2013 $142 and $145.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase from the $120 support zone. SOL price is now consolidating and might climb further above the $142 resistance zone. SOL price started a fresh increase above the $125 and $132 levels against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":60710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60709","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\/60709"}],"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=60709"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/60709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/60710"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}