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{"id":539285,"date":"2023-06-23T04:11:18","date_gmt":"2023-06-23T04:11:18","guid":{"rendered":"https:\/\/uniquehot.com\/?p=539285"},"modified":"2024-06-11T13:17:08","modified_gmt":"2024-06-11T13:17:08","slug":"sol-price-prediction-solana-bulls-20","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/sol-price-prediction-solana-bulls-20\/","title":{"rendered":"SOL Price Prediction: Solana Bulls Aim $20 or Higher"},"content":{"rendered":"

Solana is recovering above the $16 resistance against the US Dollar. SOL price might rise steadily toward the $20 resistance if Bitcoin climbs above $30,800.<\/em><\/p>\n

\n
SOL price is showing positive signs above the $16 level against the US Dollar.<\/li>\n
The price is now trading above $15 and the 100 simple moving average (4 hours).<\/li>\n
There is a major bullish trend line forming with support near $16.05 on the 4-hour chart of the SOL\/USD pair (data source from Kraken).<\/li>\n
The pair could continue to move up unless there is a close below $14.40.<\/li>\n<\/ul>\n
Solana Price Recovers 10%<\/h2>\n
In the past few days, Solana\u2019s price started a fresh increase from the $13.00 support zone. Recently, Bitcoin<\/a> and Ethereum<\/a> saw a steady increase, sparking positive moves in Solana and Cardano.<\/p>\n
The bulls were able to push SOL above the $14.40 resistance zone. There was a close above the $16.00 resistance. However, the price faced resistance near $17.75, and the 50% Fib retracement level of the key decline from the $22.31 swing high to the $13.00 low.<\/p>\n
SOL is now trading above $15 and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $16.05 on the 4-hour chart of the SOL\/USD pair.<\/p>\n
On the upside, immediate resistance is near the $17.75 level. A clear move above the $17.75 resistance might send the price toward the $20 resistance. It is close to the 76.4% Fib retracement level of the key decline from the $22.31 swing high to the $13.00 low.<\/p>\n
$\"SOL$ <\/p>\n
Source: SOLUSD on TradingView.com<\/a><\/p>\n
A close above the $20 level could resend the price toward the $21.20 resistance zone. Any more gains might send the price toward the $22.40 level.<\/p>\n
Fresh Decline in SOL?<\/h2>\n
If SOL fails to clear the $17.75 resistance, it could start a fresh decline. Initial support on the downside is near the $16.00 level and the trend line.<\/p>\n
The first major support is near the $14.40 level, below which the bears might gain strength. In the stated case, the price may perhaps decline toward the $13.00 support. The next major support is near the $12.20 level.<\/p>\n
Technical Indicators<\/p>\n
4-Hours MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone.<\/p>\n
4-Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n
Major Support Levels \u2013 $16.00, and $14.40.<\/p>\n
Major Resistance Levels \u2013 $17.75, $20.00, and $21.20.<\/p>\n","protected":false},"excerpt":{"rendered":"
Solana is recovering above the $16 resistance against the US Dollar. SOL price might rise steadily toward the $20 resistance if Bitcoin climbs above $30,800. SOL price is showing positive signs above the $16 level against the US Dollar. The price is now trading above $15 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $16.05 on the 4-hour chart of the SOL\/USD pair (data source from Kraken). The pair could continue to move up unless there is a close below $14.40. Solana Price Recovers 10% In the past few days, Solana\u2019s price started a fresh increase from the $13.00 support zone. Recently, Bitcoin and Ethereum saw a steady increase, sparking positive moves in Solana and Cardano. The bulls were able to push SOL above the $14.40 resistance zone. There was a close above the $16.00 resistance. However, the price faced resistance near $17.75, and the 50% Fib retracement level of the key decline from the $22.31 swing high to the $13.00 low. SOL is now trading above $15 and the 100 simple moving average (4 hours). There is also a major bullish trend line forming with support near $16.05 on the 4-hour chart of the SOL\/USD pair. On the upside, immediate resistance is near the $17.75 level. A clear move above the $17.75 resistance might send the price toward the $20 resistance. It is close to the 76.4% Fib retracement level of the key decline from the $22.31 swing high to the $13.00 low. Source: SOLUSD on TradingView.com A close above the $20 level could resend the price toward the $21.20 resistance zone. Any more gains might send the price toward the $22.40 level. Fresh Decline in SOL? If SOL fails to clear the $17.75 resistance, it could start a fresh decline. Initial support on the downside is near the $16.00 level and the trend line. The first major support is near the $14.40 level, below which the bears might gain strength. In the stated case, the price may perhaps decline toward the $13.00 support. The next major support is near the $12.20 level. Technical Indicators 4-Hours MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level. Major Support Levels \u2013 $16.00, and $14.40. Major Resistance Levels \u2013 $17.75, $20.00, and $21.20.<\/p>\n","protected":false},"author":67,"featured_media":515899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12837,83626,88472,88471],"class_list":["post-539285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sol","tag-solana","tag-solsudt","tag-solsusd"],"acf":[],"yoast_head":"\nSOL Price Prediction: Solana Bulls Aim $20 or Higher<\/title>\n<meta name=\"description\" content=\"Solana is recovering above the $16 resistance against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"SOL Price Prediction: Solana Bulls Aim $20 or Higher","url":"http:\/\/uniquehot.com\/news\/sol-price-prediction-solana-bulls-20\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/sol-price-prediction-solana-bulls-20\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/01\/shutterstock_721483402.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/01\/shutterstock_721483402.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["sol","solana","solsudt","solsusd"],"dateCreated":"2023-06-23T04:11:18Z","datePublished":"2023-06-23T04:11:18Z","dateModified":"2024-06-11T13:17:08Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"SOL Price Prediction: Solana Bulls Aim $20 or Higher\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/sol-price-prediction-solana-bulls-20\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/sol-price-prediction-solana-bulls-20\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/shutterstock_721483402.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/shutterstock_721483402.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"sol\",\"solana\",\"solsudt\",\"solsusd\"],\"dateCreated\":\"2023-06-23T04:11:18Z\",\"datePublished\":\"2023-06-23T04:11:18Z\",\"dateModified\":\"2024-06-11T13:17:08Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/01\/shutterstock_721483402.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/539285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=539285"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/539285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/515899"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=539285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=539285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=539285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}