Solana (SOL) Price Prediction For September 18
The post Solana (SOL) Price Prediction For September 18 appeared on BitcoinEthereumNews.com. Solana price holds $224–$230 support while testing $240–$246 resistance cluster for the next breakout. On-chain data shows $9.6M outflow, but inconsistent flows highlight fragile demand and cautious positioning. Solana ecosystem dominance grows, with 85M of 100M new tokens launched on the network in 2025. Solana price today is trading near $234, slightly lower after failing to break past the $240–$246 resistance cluster. Buyers are protecting the $230–$224 area, which is where the breakout trendline and the 20-day EMA meet. The fight now depends on whether SOL can get back above $246 and gain momentum, or if it will fall back to lower support levels. Solana Price Holds Rising Channel Support SOL Price Channel Support (Source: TradingView) The daily chart shows that Solana is moving in a rising wedge pattern, with support right now between $224 and $220. The 50-day EMA is at $203 and the 200-day EMA is at $177, showing that the broader uptrend is still strong. Related: WLFI Price Prediction: Will WLFI Price Hit $1 in the Next 15 Days? Momentum indicators are still positive, but they are starting to cool off. The Parabolic SAR has turned lower, which means there will be a short-term pullback, and the RSI has moved away from being overbought. The overall bullish trend will stay that way as long as SOL stays above the $224 support floor. If it falls below that level, it could open up the $203–$188 levels. On-Chain Flows Signal Fragile Demand SOL Daily On-Chain Flows (Source: Coinglass) Exchange data shows a $9.6 million net outflow on September 17, indicating mild accumulation after weeks of volatile activity. Despite this, flows have lacked sustained conviction, with spikes of inflows and outflows offsetting each other. Analysts warn that without consistent inflows, Solana price action could struggle to maintain upward momentum. Futures…
The post Solana (SOL) Price Prediction For September 18 appeared on BitcoinEthereumNews.com.
Solana price holds $224–$230 support while testing $240–$246 resistance cluster for the next breakout. On-chain data shows $9.6M outflow, but inconsistent flows highlight fragile demand and cautious positioning. Solana ecosystem dominance grows, with 85M of 100M new tokens launched on the network in 2025. Solana price today is trading near $234, slightly lower after failing to break past the $240–$246 resistance cluster. Buyers are protecting the $230–$224 area, which is where the breakout trendline and the 20-day EMA meet. The fight now depends on whether SOL can get back above $246 and gain momentum, or if it will fall back to lower support levels. Solana Price Holds Rising Channel Support SOL Price Channel Support (Source: TradingView) The daily chart shows that Solana is moving in a rising wedge pattern, with support right now between $224 and $220. The 50-day EMA is at $203 and the 200-day EMA is at $177, showing that the broader uptrend is still strong. Related: WLFI Price Prediction: Will WLFI Price Hit $1 in the Next 15 Days? Momentum indicators are still positive, but they are starting to cool off. The Parabolic SAR has turned lower, which means there will be a short-term pullback, and the RSI has moved away from being overbought. The overall bullish trend will stay that way as long as SOL stays above the $224 support floor. If it falls below that level, it could open up the $203–$188 levels. On-Chain Flows Signal Fragile Demand SOL Daily On-Chain Flows (Source: Coinglass) Exchange data shows a $9.6 million net outflow on September 17, indicating mild accumulation after weeks of volatile activity. Despite this, flows have lacked sustained conviction, with spikes of inflows and outflows offsetting each other. Analysts warn that without consistent inflows, Solana price action could struggle to maintain upward momentum. Futures…
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