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Weekly forecast Solana technical chart
Symbol SOLUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateFebruary 25, 2023 - 08:28
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 26.80, beginning of downtrend is expected.
  • We make sure when the support at 8.00 breaks.
  • If the resistance at 26.80 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 27.10 on 02/20/2023, so more losses to support(s) 19.70, 14.95, 10.95 and minimum to Major Support (8.00) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 50.

Symbol Released Current Forecast
Solana (SOLUSD) free Fri, 22 Mar 2024
Solana (SOLUSD) Mon, 18 Mar 2024
Solana (SOLUSD) free Sun, 10 Mar 2024
Solana (SOLUSD) Mon, 4 Mar 2024
Solana (SOLUSD) Sun, 25 Feb 2024