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Weekly forecast Solana technical chart

Trading suggestion:

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

DateMarch 25, 2023 - 13:57
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

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

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • 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 48.

Symbol Released Current Forecast
Solana (SOLUSD) new Mon, 17 Jun 2024
Solana (SOLUSD) Mon, 10 Jun 2024
Solana (SOLUSD) Sun, 2 Jun 2024
Solana (SOLUSD) Sun, 26 May 2024
Solana (SOLUSD) Sun, 19 May 2024