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Daily Technical Analysis Research 28.01.2025 – Cryptocurrency (SOLANA)

SOLANA (SOL/USD):

Solana remains resilient in its previous all-time high regions, with price action seeking support on lower timeframes before potentially making another upward move.

Daily Technical Analysis Research 28.01.2025 - Cryptocurrency (SOLANA) - 8VuvRHRu

It seems we have rebalanced within this discounted zone, which aligns perfectly with the demand support area near $220. I’ll keep monitoring price action over the next few days, ideally we hold this level as support and continue moving higher, potentially revisiting the recent all-time high around $300.

Daily Technical Analysis Research 28.01.2025 - Cryptocurrency (SOLANA) - eYnaKrRe

Author

Matthew Hayward
Matthew is a well-experienced Market Analyst with a key focus on both Fundamental and Technical Analysis. He has experience in covering various market topics including Cryptocurrency, Foreign Exchange, Indices, and Commodities. He looks to provide we...
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