empty
18.07.2025 07:02 AM
Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

Solana – Friday, July 18, 2025.

With a Golden Cross condition between the EMA (50) and the EMA (200) as well as the RSI (14) in the neutral-bullish area, there is potential for continued rally today.

Key Levels

1. Resistance 2: 187.81.

2. Resistance 1: 178.14.

3. Pivot: 173.49.

4. Support 1: 168.82.

5. Support 2: 164.17.

Tactical Scenario

Positive Reaction Zone: If Solana's price breaks through and closes above 178.14, it has the potential to continue its rally to 187.81.

Momentum Extension Bias: If the 187.81 level is successfully broken and closes above it, Solana will continue to strengthen to 187.46.

Level Invalidation / Bias Revision

The upside bias weakens when Solana breaks and closes below the 164.17 level.

Technical Summary

EMA(50): 168.81.

EMA(200): 174.95.

RSI(14): 66.32.

Economic News Release Agenda:

Positive sentiment and institutional interest in Solana since the launch of its ETF and the latest DeFi projects, coupled with strengthening global crypto macros, have the potential to drive Solana higher today.

Today, there are economic data releases in the United States:

Building Permits - 7:30 PM WIB.

Housing Starts - 7:30 PM WIB.

Prelim UoM Consumer Sentiment - 9:00 PM WIB.

Prelim UoM Inflation Expectations - 9:00 PM WIB.

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin got trapped in very dangerous position

While Bitcoin remains in a very dangerous position, seemingly ready to sharply slide at any moment toward the $105,000 area and then to $100,000, some companies have stated that

Jakub Novak 15:57 2025-08-26 UTC+2

Bitcoin and Ether tumble yesterday

Bitcoin and Ether declined sharply yesterday, and there are several objective reasons for this. One of them is the lack of new "fuel." According to the latest weekly report from

Jakub Novak 09:45 2025-08-26 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 26

Bitcoin hit $108,700 before returning to the $110,000 area. Ethereum also dropped sharply as traders continued to take profits from the previous market rally amid overall uncertainty

Miroslaw Bawulski 08:57 2025-08-26 UTC+2

Ethereum exceeds its all-time high above $4,950

Yesterday, Ethereum renewed its all-time high above $4,950. Despite the fact that the third quarter has not yet ended, ETH has already gained 90% during this quarter. If ETH manages

Jakub Novak 10:12 2025-08-25 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 25

Yesterday, Ethereum reached a new all-time high of around $4,950, but it quickly declined and is now trading at $4,653. The reasons for such a sharp reversal may vary: profit-taking

Miroslaw Bawulski 09:20 2025-08-25 UTC+2

Trading tips for crypto market on August 22

Bitcoin has dropped back to its weekly low ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole, while Ethereum appears to be holding up more confidently. Clearly

Miroslaw Bawulski 15:57 2025-08-22 UTC+2

Bitcoin needs more "blood"

The cryptocurrency market continues its corrections, with Bitcoin suffering the most among major assets. The market needs a new bottom to shake out the speculators before it can begin

Jakub Novak 15:56 2025-08-22 UTC+2

Cryptocurrency market pauses ahead of Powell's Jackson Hole speech

Bitcoin and Ethereum were trading relatively steadily as investors awaited the remarks of the Federal Reserve Chair. A number of experts warn that Powell may take a hawkish stance, which

Jakub Novak 10:18 2025-08-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 22

Bitcoin reached a new high of $112,000 before pulling back slightly. This level now appears to be the key point that will determine the asset's upward trend in the near

Miroslaw Bawulski 08:42 2025-08-22 UTC+2

With the appearance of a Hidden Divergence in Bitcoin, there is potential for continued weakness today. Friday, August 22, 2025.

[Bitcoin] – [Friday, August 22, 2025] With the two EMAs still crossing in a Death Cross, coupled with the RSI remaining in the Neutral Bullish area but forming a Hidden

Arief Makmur 06:49 2025-08-22 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.