
{"id":84197,"date":"2025-07-28T05:18:21","date_gmt":"2025-07-28T05:18:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84197"},"modified":"2025-07-28T05:18:21","modified_gmt":"2025-07-28T05:18:21","slug":"solana-sol-revs-up-again-fresh-breakout-above-200-in-sight","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84197","title":{"rendered":"Solana (SOL) Revs Up Again \u2013 Fresh Breakout Above $200 in Sight?"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $188 zone. SOL price is now consolidating gains and might aim for more gains above the $200 zone.<\/em><\/p>\n<p>SOL price started a fresh upward move above the $180 and $185 levels against the US Dollar.<br \/>\nThe price is now trading above $188 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $190 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 $200 resistance zone.<\/p>\n<h2>Solana Price Gains Momentum<\/h2>\n<p>Solana price started a decent increase after it found support near the $175 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-gears-up-120k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-eyes-4k\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $180 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $185 resistance. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $206 swing high to the $175 low. There is also a key bullish trend line forming with support at $190 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $190 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $195 level. It is close to the 61.8% Fib retracement level of the downward move from the $206 swing high to the $175 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Solana_02bdba.png\"><\/a><\/p>\n<p>The next major resistance is near the $198 level. The main resistance could be $200. A successful close above the $200 resistance zone could set the pace for another steady increase. The next key resistance is $212. Any more gains might send the price toward the $225 level.<\/p>\n<h2>Are Downsides Limited In SOL?<\/h2>\n<p>If SOL fails to rise above the $200 resistance, it could start another decline. Initial support on the downside is near the $190 zone and the trend line. The first major support is near the $188 level.<\/p>\n<p>A break below the $188 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 $175 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 $190 and $188.<\/p>\n<p>Major Resistance Levels \u2013 $195 and $200.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $188 zone. SOL price is now consolidating gains and might aim for more gains above the $200 zone. SOL price started a fresh upward move above the $180 and $185 levels against the US Dollar. The price is now trading above $188 and the 100-hourly simple moving average. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84197","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\/84197"}],"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=84197"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84198"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}