Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism
0
0
Solana price today is trading around $207, holding steady after bouncing from the $200 level. The daily chart shows SOL consolidating within an ascending channel, with immediate resistance between $215 and $220 and firm support near $189.
Solana Price Builds Momentum Inside Channel
The daily chart highlights a rising channel that has guided Solana price action since mid-June. SOL has repeatedly tested the $220 zone but failed to secure a breakout, leaving it capped beneath a supply cluster. On the downside, the 50-day EMA at $189 provides the first line of support, followed by the 100-day EMA at $179.
Related: Ethereum (ETH) Price Prediction for September 9
RSI currently reads 56, signaling balanced momentum but leaning bullish as price holds above its short-term moving averages. A confirmed push through $220 could unlock upside targets toward $230, while a breakdown below $189 would risk a slide to $172.
Nasdaq Catalyst Boosts Sentiment
The post Solana (SOL) Price Prediction: Nasdaq Listing Sparks Optimism appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0