- Solana (soil) shows a bullish momentum with a gain of 15.93% in last week, stimulated by institutional support and AI developments.
- RSI at 64.19 potential signals for additional gains, with resistance of $ 160 and support levels of $ 150 to the action of Solana prices.
Solana (soil) experienced a slight price drop, exchanging $ 152. This represents a decrease of 2.06% in the last 24 hours, which is equivalent to a decrease of about $ 3.20. Despite this slowdown, cryptocurrency maintains a solid market capitalization of $ 78.48 billion. The 24 -hour negotiation volume is $ 3.92 billion, reflecting a slight decrease of 1.99%. Earlier in the day, Sol reached a summit of $ 154.8 before retiring.
The flood of solara prices fueled by institutional and AI developments
During last week, Solana won 15.93%, which stimulated a strong bullish feeling on the market. Analyst Donalt predicted This soil could increase to $ 200, driven by the increase in investors' interests and the dynamics of favorable American trade rates.
In addition, Solana's ecosystem shows signs of recovery, market players focusing on the approval of the main institutional products. Solana is among the main candidates for dry and dry deposits, and optimism increases with the appointment of a new president of the dry. This led to hoping that these deposits could soon progress, opening doors to institutional adoption.
In addition, Solana prices trends seem to be closely linked to AI progress. The high-speed and low-cost transaction capacities make it an attractive platform for AI developers, in particular those that build decentralized applications. The integration of projects fueled by AI on Solana leads to price increases, making it a leading choice for decentralized AI applications.
Institutional support stimulates Solana's growth, Kraken receiving $ 18.26 million in soil and soil strategies by obtaining $ 500 million for the milestone.
Solana Eyes $ 160 Resistance with RSI at 64.19
The Solana prize table is currently showing signs of positive impetus. The relative resistance index (RSI) amounts to 64.19, which suggests that the asset is approaching the territory of increased, although it is not in the extreme range. Meanwhile, the MacD indicator shows a positive divergence, with the MacD line above the signal line, indicating the feeling of the Haussier market. The increase in trading volume also supports the current positive trend.
For the future, Solana's next level of key resistance is $ 160. If soil exceeds this level, it could target the fork of $ 170. However, the level of key support to monitor is $ 150. A drop below this support could trigger a potential retracement at around $ 140. Thus, the next few days could be crucial to determining the short -term price management of Solana, with key levels at $ 160 and $ 150 to watch closely.
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