Solana regains $ 200: an increase in new buyers more up after a 21 % jump star-news.press/wp
Solana has increased by 21 % over the past seven days, which pushed its price back above the $ 200 sign. This is a great recovery of the distinctive symbol, as it indicates the new investor’s confidence.
Since the upscale momentum is built throughout the market, technical indicators on the daily chart indicate that Sol is likely to maintain its location higher than the main price level.
New fuel buyers Solana Rally
Readings from the Sol (RSI) relative index emphasize the daily possibility of more price pools. At the time of the press, this matter is 67.97, pointing to an additional growth room.
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The RSI index measures the conditions of the asset assets market and increase. It ranges between 0 and 100. Values that exceed 70 indicate that the original may be excessive at the peak of prices, while values that are less than 30 indicate that the original has increased and may witness a recovery.
In 67.97, RSI Sol suggests that the symbol still has a room for growth, indicating that the upscale momentum is still intact. Significantly rising RSI signals that buyers are increasingly trust, and they can push the Sol price up before the buyer’s exhaust.
Meanwhile, Seoul’s new demand has witnessed a remarkable increase over the past 14 days. According to Glassnode, the number of new addresses participating in Sol transactions for the first time increased by 51 % since August 3.
The increase in the new demand, such as this, indicates that the new capital enters this market, which reflects the investor’s interest and confidence. The flow of new participants can help keep the Sol price momentum and support more upscale movement.
Sol Eyes $ 219, as the application reinforces support above $ 195
As of writing these lines, Sol is trading $ 207.17, higher than the support hall at $ 195.55. High demand may boost this main support level, which can help pushing the following resistance at 219.21 dollars.
However, the rise in profits can nullify the ups of the ups. In the event of condensation of pressure, Sol may re -test the support level of $ 195.55, and failure to keep it may lead to $ 171.88.
Post Solana $ 200 recovers: an increase in new buyers with more upward signals after 21 % of jump first on Beincrypto.
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2025-08-14 13:00:00
