SOL

SOL AI Trading (Time: 2025/04/13 02:01 UTC) decision background is summarized.

Technical Analysis

According to the price data of SOL coins over the last 300 days, a bullish trend is fundamentally ongoing. The price is generally on the rise and is currently trading around 191,300. Considering the moving averages, the 50-day moving average is above the 100-day moving average, which can be interpreted as a bullish signal. Additionally, the RSI (Relative Strength Index) is trading around the 60 level, indicating a somewhat overbought condition, but it can still be viewed as having upward potential. The MACD indicator has recently shown a crossover signal, increasing confidence in the upward trend. The current price pattern resembles a ascending triangle, supporting the possibility of continued price increases. If the price clearly breaks through the resistance area of 200,000, further upward movement is expected. On the other hand, if it falls below the support level of 180,000, a correction may occur, which can be interpreted as a sell signal.

Summary of External Factors

Recently, the cryptocurrency market has shown an overall calming trend, and the SOL coin is also affected by this. Both Solana’s technical improvement challenges and the growth of the NFT ecosystem are having a positive impact. Furthermore, the Federal Reserve’s decision to freeze interest rates is providing positive confidence in the cryptocurrency market, prompting investors to consider aggressive buying. Various analysts emphasize Solana’s potential and technical excellence, and these factors are expected to contribute to the price increase of SOL. However, changes in the global economic situation and regulatory regulations can still act as risk factors, necessitating caution. Overall, positive news and ongoing technological advancements will support the price increase of SOL.