Solana ($SOL) has temporarily broken through the $164 resistance. If it can close above this level, it will complete a bullish ascending triangle pattern and may rise to $189 and then $210.
If it falls back from around $164, but finds support at the 20-day EMA ($150), it means that bulls continue to buy on the pullback and will be expected to challenge $164 again, but if it breaks and closes below the rising trend line, the short-term bullish view will be invalidated.
Dogecoin ($DOGE) Price Trend Analysis
Upadhyay pointed out that Dogecoin ($DOGE) broke out of the symmetrical triangle pattern on October 18, which represents the start of a new uptrend.
Currently, Dogecoin is under pressure near the $0.15 resistance level, which may allow the price to retest the breakout level of the triangle. If it can rebound from the breakout level in the future, it means that bulls have turned this point into support, which will increase the possibility of rising to $0.18.
On the other hand, a breakout and close below the 20-day EMA ($0.12) would represent a failed breakout and could send Dogecoin back to the support line of the triangle.