EnglishDeutsch한국어日本語EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe投资组合跟踪工具掉期交易加密货币定价集成新闻赚取博客NFT小工具DeFi投资组合跟踪器开放API24小时报告新闻资料包API文档

Solana’s ‘Death Cross’ is Looming as SOL Struggles in the $150 Range

11月 之前
看涨:

0

看跌:

0

img

Since April 23, Solana’s price has oscillated within a tight trading range, facing resistance near $153.67 and finding support around $145.68. 

A growing wave of bearish pressure threatens to break this range to the downside, with a key technical indicator on the verge of confirming a major sell signal.

Solana Faces Breakdown Risk as Sellers Tighten Grip

SOL’s Moving Average Convergence Divergence (MACD) indicator is poised to form a death cross, a bearish crossover where the MACD line dips below the signal line.  

SOL MACD.SOL MACD. Source: TradingView

As of this writing, the coin’s MACD line (blue) rests near the signal line (orange), awaiting a catalyst to push it under. This pattern often precedes a sustained downtrend and is widely viewed by traders as a sign of weakening price strength.

Further, SOL’s Balance of Power (BoP) is currently negative, reinforcing the downtrend. This indicates that sellers have gained market control. At press time, this stands at -0.12.

SOL BoPSOL BoP. Source: TradingView

The BoP indicator measures the strength of buying versus selling pressure by comparing the closing price to the trading range over a given period. 

When an asset’s BoP is positive, it signals that buyers are in control, indicating strong upward momentum and potential for continued price gain.

On the other hand, as with SOL,  a negative BoP value indicates that sellers dominate the market. It suggests an increase in downward pressure on SOL and hints at the potential commencement of a new decline phase. 

SOL Faces Key Support Test Amid Mounting Sell Pressure

As bearish momentum builds, SOL risks breaking below the support level at $145.68. A decisive break beneath this threshold would confirm a short-term downtrend and potentially trigger a deeper decline toward $142.32. 

Should buyers fail to regain control at that point, SOL could slide further to test the lower support at $133.94.

SOL Price AnalysisSOL Price Analysis. Source: TradingView

However, this bearish outlook could be invalidated if fresh demand emerges and buying interest strengthens. In that bullish scenario, SOL may overcome resistance at $153.67, opening the door for a rally toward $171.50.

11月 之前
看涨:

0

看跌:

0

从同一位置管理所有加密资产、NFT 和 DeFi 资产

安全地关联您正在使用的投资组合,以开始交易。