Solana (SOL) Price Prediction for July 22
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?
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.
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 More
Solana (SOL) Price Prediction for July 25
Solana (SOL) Price Prediction for July 22
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?
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.
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 More