💥 $SOL Price Prediction: Can It Climb Back? - BeinCrypto Analytics

Solana’s price failed to close above the $190 barrier again and has since declined. The altcoin is currently changing hands at $165 back under the resistance of $169. A bullish outcome seems possible if the aforementioned cues are to be considered.

This would require SOL to first cement $170 as a support floor, then flip $175 into support as well. Subsequently, a rise to $190 and a test of the resistance would be considered a successful recovery.

However, if securing $170 and $175 as support floors fail, it would not be surprising to see SOL fall to $156. Losing this support would invalidate the bullish thesis for Solana’s price, sending it to $137.

At press time, SOL is trading at:

- $173.06 on Binance

- $173.10 on WhiteBIT

- $173.08 o KuCoin