Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

Solana aims for a breakthrough at the $172 resistance mark

admin
admin

admin

Full Bio

admin

Share

Solana (SOL) is gearing up for a potential test of the $172 resistance level, as recent market momentum has fueled optimism among traders. The cryptocurrency has shown renewed strength in recent sessions, with bulls eyeing this key price point as a critical hurdle to further upside.

SOL’s latest rally is part of a broader crypto market recovery, driven by improving sentiment and increased institutional interest in blockchain technologies. The upward movement comes as investors look to capitalize on growing use cases for Solana’s fast, scalable network, which has positioned it as a leading player in the decentralized finance (DeFi) and non-fungible token (NFT) spaces.

SOL/USDT Daily Chart
Source – FXStreet

However, $172 marks a significant resistance level, and breaking through it could set the stage for more gains. On the downside, any failure to breach this level could see SOL retrace and consolidate around lower support areas, as traders weigh market conditions and potential risks.

For now, traders remain focused on whether Solana can sustain its current momentum and push past this barrier, which could pave the way for a more sustained rally in the coming days.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
Oil holds steady as trade war fears clash with tensions over Iran
Oil holds steady as trade war fears clash with tensions over Iran
Ripple, Ethereum, and Cardano spearhead $200B crypto market rebound as Canada-Mexico trade tensions ease
Crypto market rebounds by $200B as Canada-Mexico trade deal boosts investor confidence
Fed’s Jefferson signals caution on rate cuts amid strong US economy
Fed’s Jefferson signals caution on rate cuts amid strong US economy
Euro rebounds as market pressures ease, boosting EURUSD
Euro rebounds as market pressures ease, boosting EUR/USD
Gold prices rise as US dollar weakens amid looming trade tensions
Gold prices rise as US dollar weakens amid looming trade tensions
Mexican peso under pressure amid escalating US-China trade tensions
Mexican peso under pressure amid escalating US-China trade tensions
Pound struggles to hold gains as market uncertainty persists
Pound struggles to hold gains as market uncertainty persists
U.S
U.S. Stock Futures Rise as Trump Pauses Tariffs on Canada and Mexico
Crypto
Crypto.com, Kalshi face US regulatory scrutiny over super bowl wagers
Bitcoin and Crypto Market Rebound as Mexico-US Tariff Delay Boosts Investor Confidence
Bitcoin and Crypto market rebound as Mexico-US Tariff delay boosts investor confidence