SOL Price Stalls at $145, Ethereum ETFs Struggle, Why BlockDAG's $0.0019 Price Is the Best Crypto Opportunity Right Now!

Follow Ethereum ETFs' slow movement and SOL price resistance. See why traders are rushing to get in on BlockDAG's $0.0019 offer before it ends; presale enters its final phase.

Solana (SOL) price is showing signs of a breakout from a key resistance level, which could spark the next leg of the bull market.

Solana price is currently trading at $145, and it has been facing resistance in the $150-$152 zone. If bulls can push the price above $155, then it could open the door for a rally to $165.

However, if sellers return and sink the price below the $142 support, then it could continue to fall to $138.

The hourly chart of SOL/USD is showing a triangle pattern, which suggests that the price is approaching a key decision point. The price has been consolidating in a tight range over the past few days, and the MACD is slowing down from the bullish crossover.

The RSI is also indicating that momentum is weak, with the indicator currently trading below the 50 level.

Solana price is showing signs of a breakout from a key resistance level, which could spark the next leg of the bull market.

Solana price is currently trading at $145, and it has been facing resistance in the $150-$152 zone. If bulls can push the price above $155, then it could open the door for a rally to $165.

However, if sellers return and sink the price below the $142 support, then it could continue to fall to $138.

The hourly chart of SOL/USD is showing a triangle pattern, which suggests that the price is approaching a key decision point. The price has been consolidating in a tight range over the past few days, and the MACD is slowing down from the bullish crossover.

The RSI is also indicating that momentum is weak, with the indicator currently trading below the 50 level.

Solana price is testing the breakout of a key resistance level, which could spark the next leg of the bull market. But will it succeed?

Solana (SOL) price has stalled after bouncing off the $142 support, with the bulls struggling to push the price above the $150 and $152 resistance.

If the bulls can muster the strength to break through the $155 resistance, then it could open the door for a rally to $165. But if the bears succeed in sinking the price below the $142 support, then it could continue to fall to $138.

The hourly chart of SOL/USD is showing a triangle pattern, which suggests that the price is approaching a key decision point. The price has been consolidating in a tight range over the past few days, and the MACD is slowing down from the bullish crossover.

This lack of momentum is also evident in the RSI, which is holding below the 50 level.

Solana price needs to clear $155 for a breakout

The light green lines on the chart highlight the key Fibonacci levels, which are often used by traders to identify areas of support and resistance.

The price is currently testing the 0.382 Fibonacci level, and a breakout to the upside could spark a rally to the 0.5 Fibonacci level at $155.

If the bulls can push the price above the $155 resistance, then it could continue to rise to the 0.618 Fibonacci level at $165.

However, if the bears succeed in sinking the price below the $142 support, then it could continue to fall to the 0.236 Fibonacci level at $138.

What next for Solana?

Solana price is approaching a key decision point, and the next few days of trading will be crucial for determining the next leg of the trend.

If the bulls can capitalize on the bullish signals and push the price above the $155 resistance, then it could spark a rapid rise to the 0.618 Fibonacci level at $165.

However, if the bears succeed in sinking the price below the $142 support, then it could continue to fall to the 0.236 Fibonacci level at $138.

This will likely depend on the strength of the MACD, which is slowing down from the bullish crossover. If the MACD manages to sustain the bullish crossover and the RSI shows signs of picking up, then it could create more momentum for the bulls.

On the other hand, if the MACD turns bearish and the RSI continues to weaken, then it could put more pressure on the bears to sink the price lower.

Ethereum ETFs struggle as new STI signals no impact from staking

Bloomberg ETF analyst Eric Balchunas says that new data from the STI on Monday shows that European-listed Ethereum ETFs, like iShares’ ETH ETF (IEET:XETR) and Invesco’s ETH ETF (ETHP:X