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Solana (SOL) Price Prediction for July 22


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

After weeks of steady ascent, Solana price has reached the upper trendline of a rising wedge pattern, trading at $186.05 at the time of writing. The current zone aligns with historical resistance, and traders are closely watching for a breakout toward $200 or a possible rejection back toward support at $175.

What’s Happening With Solana’s Price?

SOL price dynamics (Source: TradingView)

On the 4-hour timeframe, Solana price action has moved inside a clearly defined rising wedge structure, with ascending support around $175 and resistance capping price near $187. The wedge follows a series of higher highs and higher lows dating back to late June, reinforcing a bullish structure. Price is now testing the upper trendline for the third time, raising the stakes for a breakout or rejection in the coming session.

SOL price dynamics (Source: TradingView)

On the daily chart, Solana appears to be completing a macro cup and handle formation. The handle portion formed through June’s consolidation and the current rally is bringing price back toward the neckline near $188. If this pattern confirms with a breakout, it would imply a larger trend shift with upside poten…

The post Solana (SOL) Price Prediction for July 22 appeared first on Coin Edition.

Read the article at CoinEdition

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Bitcoin (BTC) Price Prediction for July 23

Bitcoin (BTC) Price Prediction for July 23

After an early-week bounce toward $118,000, Bitcoin price is back under pressure as s...
What's Happening at Solana? A Rally Unseen Since February! Will the Rise Continue? Analysts Assess SOL's Latest Situation!

What's Happening at Solana? A Rally Unseen Since February! Will the Rise Continue? Analysts Assess SOL's Latest Situation!

Solana has reclaimed the $200 level for the first time since February 5. Why is SOL r...

Solana (SOL) Price Prediction for July 22


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

After weeks of steady ascent, Solana price has reached the upper trendline of a rising wedge pattern, trading at $186.05 at the time of writing. The current zone aligns with historical resistance, and traders are closely watching for a breakout toward $200 or a possible rejection back toward support at $175.

What’s Happening With Solana’s Price?

SOL price dynamics (Source: TradingView)

On the 4-hour timeframe, Solana price action has moved inside a clearly defined rising wedge structure, with ascending support around $175 and resistance capping price near $187. The wedge follows a series of higher highs and higher lows dating back to late June, reinforcing a bullish structure. Price is now testing the upper trendline for the third time, raising the stakes for a breakout or rejection in the coming session.

SOL price dynamics (Source: TradingView)

On the daily chart, Solana appears to be completing a macro cup and handle formation. The handle portion formed through June’s consolidation and the current rally is bringing price back toward the neckline near $188. If this pattern confirms with a breakout, it would imply a larger trend shift with upside poten…

The post Solana (SOL) Price Prediction for July 22 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin (BTC) Price Prediction for July 23

Bitcoin (BTC) Price Prediction for July 23

After an early-week bounce toward $118,000, Bitcoin price is back under pressure as s...
What's Happening at Solana? A Rally Unseen Since February! Will the Rise Continue? Analysts Assess SOL's Latest Situation!

What's Happening at Solana? A Rally Unseen Since February! Will the Rise Continue? Analysts Assess SOL's Latest Situation!

Solana has reclaimed the $200 level for the first time since February 5. Why is SOL r...