{"id":86592,"date":"2025-08-07T05:08:27","date_gmt":"2025-08-07T05:08:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=86592"},"modified":"2025-08-07T05:08:27","modified_gmt":"2025-08-07T05:08:27","slug":"solana-sol-poised-for-move-can-it-clear-this-barrier","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=86592","title":{"rendered":"Solana (SOL) Poised for Move \u2013 Can It Clear This Barrier?"},"content":{"rendered":"

Solana started a fresh increase from the $162 zone. SOL price is now consolidating gains and might aim for more gains above the $172 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $165 and $166 levels against the US Dollar.
\nThe price is now trading above $165 and the 100-hourly simple moving average.
\nThere is a contracting triangle forming with resistance at $168 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $172 resistance zone.<\/p>\n

Solana Price Eyes Upside Break<\/h2>\n

Solana price started a decent increase after it found support near the $162 zone, like Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $165 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $1682 resistance. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $172 swing high to the $162 low. However, the bears are active near the $170 zone.<\/p>\n

The 76.4% Fib retracement level of the downward move from the $172 swing high to the $162 low is acting as a resistance. There is also a contracting triangle forming with resistance at $168 on the hourly chart of the SOL\/USD pair.<\/p>\n

<\/a><\/p>\n

Solana is now trading above $165 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $170 level. The next major resistance is near the $172 level. The main resistance could be $175. A successful close above the $175 resistance zone could set the pace for another steady increase. The next key resistance is $182. Any more gains might send the price toward the $192 level.<\/p>\n

Are Downsides Limited In SOL?<\/h2>\n

If SOL fails to rise above the $170 resistance, it could start another decline. Initial support on the downside is near the $164 zone. The first major support is near the $162 level.<\/p>\n

A break below the $162 level might send the price toward the $152 support zone. If there is a close below the $150 support, the price could decline toward the $145 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n

Major Support Levels \u2013 $164 and $162.<\/p>\n

Major Resistance Levels \u2013 $170 and $172.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase from the $162 zone. SOL price is now consolidating gains and might aim for more gains above the $172 zone. SOL price started a fresh upward move above the $165 and $166 levels against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. […]<\/p>\n","protected":false},"author":0,"featured_media":86593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86592","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\/86592"}],"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=86592"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86592\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/86593"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}