Solana (SOL) Aims for Rebound After Steep Correction, Key Levels to Watch

TheNewsCrypto · 2024-04-20T07:33:03.000Z

Solana (SOL) has experienced significant volatility, dropping from $210 to around $116 recently. Despite this correction, SOL’s decline has been relatively moderate, down by over 43% this month. To sustain an uptrend, SOL needs to maintain support above the golden ratio level at around $85. The cryptocurrency market has been a rollercoaster ride, and Solana (SOL) has found itself caught in the crosshairs of this volatility. After a significant correction from approximately $210 to around $116 over recent weeks, the digital asset now presents potential for an upswing. Despite the recent slump, the correction in SOL’s price has been relatively moderate thus far, with the price dropping by over 43% during the course of this month. Consequently, the histogram of the Moving Average Convergence/Divergence (MACD) indicator has also begun to trend lower in a bearish direction this month. Can Solana sustain uptrend? Notably, the bullish upward trend remains sustained as long as Solana maintains support above the golden ratio level, which is approximately $85. One of the critical levels to watch is the significant Fibonacci support range between $125 and $130 for the SOL price. Maintaining a foothold above this range would signal strong bullish sentiment and potentially pave the way for a rebound. Alternatively, the 50-week Exponential Moving Average (EMA) at approximately $85 stands as an additional support level to monitor. While the weekly chart indicators portray a bearish outlook, with the MACD histogram trending downward and the MACD lines nearing a bearish crossover, the RSI remains in neutral territory, leaving room for potential upside momentum. Adding to the bearish sentiment, a death cross has recently formed on Solana’s 4-hour chart, confirming a short-term bearish trend and indicating a potential downward movement toward the Golden Ratio support zone between $125 and $130. Despite this, the MACD lines remain bullish, and the RSI hovers in neutral territory, albeit with the MACD histogram starting to show bearish momentum with a downward tick.

Solana (SOL) telah mengalami volatilitas yang signifikan, turun dari $210 menjadi sekitar $116 baru-baru ini.
Meskipun ada koreksi ini, penurunan SOL relatif moderat, turun lebih dari 43% pada bulan ini.
Untuk mempertahankan tren naik, SOL perlu mempertahankan dukungan di atas level rasio emas di sekitar $85.
Pasar mata uang kripto telah mengalami perjalanan rollercoaster, dan Solana (SOL) terjebak dalam garis bidik volatilitas ini.
Setelah koreksi signifikan dari sekitar $210 menjadi sekitar $116 selama beberapa minggu terakhir, aset digital kini menghadirkan potensi kenaikan.
Meskipun baru-baru ini terjadi kemerosotan, koreksi harga SOL sejauh ini relatif moderat, dengan harga turun lebih dari 43% selama bulan ini.
Akibatnya, histogram indikator Moving Average Convergence/Divergence (MACD) juga mulai mengalami tren penurunan ke arah bearish pada bulan ini.
 Bisakah Solana mempertahankan tren naik?
Khususnya, tren kenaikan bullish tetap bertahan selama Solana mempertahankan dukungan di atas level rasio emas, yaitu sekitar $85.
Salah satu level penting yang harus diperhatikan adalah kisaran support Fibonacci yang signifikan antara $125 dan $130 untuk harga SOL. Mempertahankan pijakan di atas kisaran tersebut akan menandakan sentimen bullish yang kuat dan berpotensi membuka jalan bagi rebound. Alternatifnya, Exponential Moving Average (EMA) 50 minggu di sekitar $85 berdiri sebagai level support tambahan yang harus dipantau.
Meskipun indikator grafik mingguan menggambarkan prospek bearish, dengan histogram MACD yang cenderung menurun dan garis MACD mendekati persilangan bearish, RSI tetap berada di wilayah netral, memberikan ruang bagi potensi momentum kenaikan.
Menambah sentimen bearish, death cross baru-baru ini terbentuk pada grafik 4 jam Solana, mengkonfirmasi tren bearish jangka pendek dan menunjukkan potensi pergerakan ke bawah menuju zona support Rasio Emas antara $125 dan $130. Meskipun demikian, garis MACD tetap bullish, dan RSI berada di wilayah netral, meskipun histogram MACD mulai menunjukkan momentum bearish dengan pergerakan ke bawah.

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Solana (SOL) Bertujuan untuk Rebound Setelah Koreksi Curam, Level Penting yang Harus Diperhatikan

Jelajahi Konten Lainnya dari Kreator

Berita Terbaru

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