Skip to main content

Solana’s Bullish Setup: Golden Cross Forming with $185 in Sight

Solana (SOL) is showing signs of strong bullish momentum as it currently trades around $171

SOL Chart (Source Trading View)

One of the most notable developments is the formation of a Golden Cross on the 1-hour timeframe — a classic bullish indicator where the short-term moving average crosses above the long-term moving average.

This often signals the beginning of a new upward trend.

Adding to the bullish case, the Relative Strength Index (RSI) stands at 63, suggesting growing strength without yet being in the overbought zone.
This leaves room for further upside movement before any significant correction.

From a technical perspective:

  • Support level: $165 — a solid zone where buyers have consistently stepped in.

  • Resistance level: $185 — a breakout above this could open the door to even higher levels.

  • Chart pattern: Golden Cross on 1H

  • Momentum indicator: RSI at 63 (bullish but not overextended)

If SOL maintains its current structure, a push toward $185 could happen at any moment. Traders and investors should watch this zone closely, as a confirmed breakout could lead to even more aggressive upside moves.


Join my Telegram channel for daily trading signals - 100% free!

๐Ÿ‘‰ Link:  https://t.me/bwtinternational


Comments

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!

๐Ÿš€ XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: ๐Ÿ”น Resistance : $3.00 - $3.20 (Break = ๐Ÿš€) ๐Ÿ”น Support : $2.50 - $2.20 (Pullback zone) ๐Ÿ”น Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.