Categories: Technical analysis

Solana Wave Analysis – 25 February 2025

– Solana reversed from support level 134.15

– Likely to rise to the resistance level 155.30

Solana cryptocurrency today reversed sharply from the key support level 134.15 (former Double Bottom from October) standing well below the lower daily Bollinger Band.

The price will likely form the daily Japanese candlesticks reversal pattern Hammer today (strong buy signal for Solana) – if the price closes today near the current levels.

Solana cryptocurrency can be expected to rise to the next resistance level 155.30 (former strong support from November, acting as the resistance now after it was broken earlier this month).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Solana

Recent Posts

GBPUSD. Current situation #tradelikeapro #trading #tradingstrategy #tradingshorts #gbpusd #gbp

Today is Thursday, the 18th of December, and we'll be talking about the British pound…

3 hours ago

Bitcoin is holding, while Solana is on the edge

Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…

5 hours ago

The dollar’s wings have been clipped

Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing UK inflation caused the pound…

5 hours ago

Dow Jones Wave Analysis – 17 December 2025

Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…

21 hours ago

Comcast Wave Analysis – 17 December 2025

Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…

21 hours ago

Platinum Wave Analysis – 17 December 2025

Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…

22 hours ago

This website uses cookies