
{"id":88607,"date":"2025-08-15T05:08:43","date_gmt":"2025-08-15T05:08:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88607"},"modified":"2025-08-15T05:08:43","modified_gmt":"2025-08-15T05:08:43","slug":"solana-sol-defends-critical-support-zone-preparing-for-next-major-increase","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88607","title":{"rendered":"Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone.<\/em><\/p>\n<p>SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar.<br \/>\nThe price is now trading above $190 and the 100-hourly simple moving average.<br \/>\nThere was a break below a bullish trend line with support at $202 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could extend gains if it clears the $198 resistance zone.<\/p>\n<h2>Solana Price Aims For Fresh Increase<\/h2>\n<p>Solana price started a decent increase after it found support near the $185 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-hits-new-milestone-124k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-poised-for-5k\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $192 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $200 resistance. The bulls were able to push the price above the $202 barrier. A high was formed at $210 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $174 swing low to the $210 high.<\/p>\n<p>There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL\/USD pair. However, the bulls were active near the $188 level and the 61.8% Fib retracement level of the upward move from the $174 swing low to the $210 high.<\/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 $198 level. The next major resistance is near the $200 level.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Solana_5a1e59.png\"><\/a><\/p>\n<p>The main resistance could be $202. A successful close above the $202 resistance zone could set the pace for another steady increase. The next key resistance is $210. Any more gains might send the price toward the $220 level.<\/p>\n<h2>Another Decline 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 $192 zone. The first major support is near the $188 level.<\/p>\n<p>A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 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 losing pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $192 and $188.<\/p>\n<p>Major Resistance Levels \u2013 $200 and $210.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone. SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":88608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88607","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\/88607"}],"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=88607"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88608"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}