Solana: To the Moon… Or Just a Little Hill? 🚀

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A certain restlessness has seized the digital ether, and with it, the price of Solana. It has, as the Americans say, “started a fresh increase” – above twenty-two hundred and twenty silver roubles, as it were. Now, it lingers, consolidating above two hundred and fifteen, and one is left to wonder if further ascents are indeed possible, perhaps toward the lofty heights of two hundred and twenty-five. Such ambition! Though, one almost feels pity for the poor speculators, forever chasing these fleeting phantoms of value. 🤨

  • The price, it seems, has taken a fancy to moving upwards, passing the two hundred and twelve and two hundred and fifteen ruble marks against the American dollar. A rather insistent sort of movement, wouldn’t you agree?
  • It currently trades above two hundred and fifteen, comfortably nestled above the… what do they call it… the ‘100-hourly simple moving average.’ A curious construction of numbers, truly.
  • A ‘bullish trend line’ is forming, they say – a support at two hundred and twenty-two. One pictures a brave little line, desperately trying to uphold the price. (Data sourced from a place called ‘Kraken,’ whatever that may be.)
  • Should it overcome the two hundred and twenty-five ruble obstacle, further gains are… anticipated. Though anticipation, as any sensible person knows, is often the mother of disappointment.

The Price and Its Predilections

Solana’s price, after a period of modest contemplation near two hundred and five, has exhibited a certain… enthusiasm. It surpassed Bitcoin and Ethereum, a feat worthy of a small, ironic clap. 😊 It moved above two hundred and twelve, entering what they term a ‘short-term positive zone’ – a zone of positive thinking, no doubt, necessary when dealing with such volatile things.

It even conquered two hundred and eighteen! The bulls, those energetic chaps, managed to push it past two hundred and twenty. A peak of two hundred and twenty-six was achieved, and now the price is… taking a breather, one might say, above the twenty-three point six percent Fib retracement level. Such precision! Though honestly, it all sounds frightfully complicated.

Now, it dwells above two hundred and fifteen and that aforementioned moving average. And yes, there is that trend line, stubbornly holding at two hundred and twenty-two.

Above, however, lies a resistance near two hundred and twenty-five. The next challenge is two hundred and thirty-two, a daunting prospect. And should it be overcome, then two hundred and thirty-five looms large. A victory here, they predict, could lead to further, ‘steady’ increases as though anything in this realm truly *is* steady. Eventually, they anticipate two hundred and forty-five, and, dare they dream, even two hundred and fifty.

A Possible Retreat?

But what if Solana falters? If it cannot scale the two hundred and twenty-five ruble wall, a decline is surely possible. Initial support, they say, lies near two hundred and twenty-two and, of course, the trend line. The more substantial support is at two hundred and twelve, or the fifty percent Fib retracement level. Still with the percentages, are we?

Should it fall below two hundred and twelve… well, then two hundred and five awaits. And if even *that* fails, a descent towards two hundred is threatened. One shudders to think of the despair! 😥

Technical Indicators – A most peculiar phrase, suggesting a system of divination.

Hourly MACD – It is ‘gaining pace in the bullish zone.’ Naturally.

Hourly RSI – It is ‘above the 50 level.’ How… compelling.

Major Supports – Two hundred and twenty-two and two hundred and twelve.

Major Resistances – Two hundred and twenty-five and two hundred and thirty-five.

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2025-09-11 08:32