
{"id":90090,"date":"2025-08-21T05:08:48","date_gmt":"2025-08-21T05:08:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90090"},"modified":"2025-08-21T05:08:48","modified_gmt":"2025-08-21T05:08:48","slug":"solana-sol-jumps-higher-again-can-bulls-hold-their-ground","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90090","title":{"rendered":"Solana (SOL) Jumps Higher Again, Can Bulls Hold Their Ground?"},"content":{"rendered":"<p><em>Solana started a fresh increase from the $175 zone. SOL price is now recovering higher and might aim for a move above the $188 resistance zone.<\/em><\/p>\n<p>SOL price started a recovery wave after it tested the $175 zone against the US Dollar.<br \/>\nThe price is now trading above $182 and the 100-hourly simple moving average.<br \/>\nThere was a break above a connecting bearish trend line with resistance at $183 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 $188 resistance zone.<\/p>\n<h2>Solana Price Eyes Steady Increase<\/h2>\n<p>Solana price extended losses after there was a close below $188, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-faces-heavy-obstacles-115k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-gains-fade-4380\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL traded below the $185 and $108 support levels to enter a short-term bearish zone.<\/p>\n<p>A low was formed at $175 and the price is now attempting a fresh increase. The price surpassed the $180 and $182 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $210 swing high to the $175 low.<\/p>\n<p>Besides, there was a break above a connecting bearish trend line with resistance at $183 on the hourly chart of the SOL\/USD pair. Solana is now trading above $182 and the 100-hourly simple moving average.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Solana_891a52.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near the $188 level. The next major resistance is near the $192 level or the 50% Fib retracement level of the downward move from the $210 swing high to the $175 low. The main resistance could be $195. A successful close above the $195 resistance zone could set the pace for another steady increase. The next key resistance is $200. Any more gains might send the price toward the $210 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $188 resistance, it could continue to move down. Initial support on the downside is near the $184 zone. The first major support is near the $180 level.<\/p>\n<p>A break below the $180 level might send the price toward the $175 support zone. If there is a close below the $175 support, the price could decline toward the $166 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 $180 and $175.<\/p>\n<p>Major Resistance Levels \u2013 $188 and $192.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase from the $175 zone. SOL price is now recovering higher and might aim for a move above the $188 resistance zone. SOL price started a recovery wave after it tested the $175 zone against the US Dollar. The price is now trading above $182 and the 100-hourly simple moving average. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":90091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90090","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\/90090"}],"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=90090"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90091"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}