Solana (SOL) is witnessing in the last days one of the most powerful waves of height this year, as it regained $ 160 and tries to penetrate its last major resistance at $ 180.
While Bitcoin records new historical levels, Solana is preparing, according to some analysts, to make record leaps if she can overcome this important threshold.
A decisive attempt to penetrate the level of $ 180
Since the beginning of the market recovery in the second quarter of the year, Solana has been trading within a narrow range ranging from 140 and 180 dollars, and analyst “Crypto Geely” indicated that this level is similar in importance In his recovery.
Hacking this barrier may open the road to the level of $ 200, and perhaps further, according to analysts’ expectations.
On the other hand, the analyst “Froggy” was alerted that Solana fell slightly after reaching $ 184 whose momentum is not canceled, as long as she maintains $ 168 support, stressing that the rising scenario is about 186-188 dollars still exists.
Do Solana prepare for a new price start?
According to the trader “Daan Crypto Trades”, if Solana, if she managed to persist above the level of $ 180, the next target area will be $ 220, and may later extend to $ 260.
He pointed out that the currency regained moving averages 200 days and 200 days this week, which supported its current apostasy.
In addition to the technical performance, “Daan” believes that the recovery of the MIM coins on the Solana network by 13.3% this week enhances the strength of the demand for Sol, and considered that the continuation of the momentum in this sector is reflecting positively on Solana as well.
In the same context, analyst “Alex Clay” indicated that Solana has been taking a wide oud pattern for more than a year known as the “Megavone squad” as it moves between the top and lower borders, with its recent cohesion to the highest moving averages of 50, 100 and 200 days.
It is likely to move towards the penetration of the upper limit of the squad at about 350 dollars, stressing that “penetration of the historic summit and a new start in prices has become inevitable,” with preliminary targeting between 350 and 400 dollars.
Currently, Solana is trading at $ 177, which is 2% in the last 24 hours.
