{"id":92181,"date":"2025-08-29T05:08:15","date_gmt":"2025-08-29T05:08:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92181"},"modified":"2025-08-29T05:08:15","modified_gmt":"2025-08-29T05:08:15","slug":"solana-sol-price-explodes-higher-how-long-can-bulls-hold","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92181","title":{"rendered":"Solana (SOL) Price Explodes Higher \u2013 How Long Can Bulls Hold?"},"content":{"rendered":"

Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $200 and $212 levels against the US Dollar.
\nThe price is now trading above $212 and the 100-hourly simple moving average.
\nThere is a bullish trend line forming with support at $212 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend gains if it clears the $220 resistance zone.<\/p>\n

Solana Price Extends Surge<\/h2>\n

Solana price started a decent increase after it found support near the $192 zone, beating Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $200 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $205 resistance. The bulls were able to push the price above the $212 barrier. A high was formed at $217 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $185 swing low to the $217 high.<\/p>\n

Solana is now trading above $212 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $212 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

On the upside, the price is facing resistance near the $218 level. The next major resistance is near the $220 level. The main resistance could be $225. A successful close above the $225 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $250 level.<\/p>\n

Downside Correction In SOL?<\/h2>\n

If SOL fails to rise above the $220 resistance, it could start another decline. Initial support on the downside is near the $212 zone. The first major support is near the $210 level.<\/p>\n

A break below the $210 level might send the price toward the $202 support zone and the 50% Fib retracement level of the upward move from the $185 swing low to the $217 high. If there is a close below the $202 support, the price could decline toward the $195 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining 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 $212 and $202.<\/p>\n

Major Resistance Levels \u2013 $220 and $225.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $200 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving […]<\/p>\n","protected":false},"author":0,"featured_media":92182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92181","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\/92181"}],"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=92181"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92182"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}