Price of Solana has been steadily rising and has now broken through $185 resistance. After seven days of fluctuation below the resistance level, Solana (SOL) broke through.

Bullish forecast for Solana's price over the long-term

The price of the cryptocurrency is nearing its predicted value of $200. Solana currently trades at $194 but is facing further rejection. The altcoin's price will reverse if it reaches the high of $202

If the altcoin is rejected above the overbought price, it could drop back to $170. After retreating to $189, the upside has encountered its first hurdle. If it maintains above the $185 resistance, positive momentum will return.

Solana Price Indicator Analysis

The price bars have broken the resistance of $185 and are now above the moving-average lines. Altcoins will continue to increase as long as 21-day SMA remains intact. Altcoin is dropping as it approaches overbought levels. The uptrend is likely to continue if the altcoin retraces, and remains above the moving-average lines.

Technical indicators

Key supply zones: $200, $220, $240

Demand zones: $120 ($100), $80

What's the next step for Solana?

Solana is now in the overbought zone of the market. The price of cryptocurrency has dropped and is now approaching the $185 breakout level. If the value of the cryptocurrency retraces, and remains above the $185 support level, then the upward movement will begin. Otherwise, there will be selling pressure.

CryptoGuestPosts stated that on July 23, the upward trend was expected to continue up to highs between $188 and $204.

Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts.com. Before investing in funds, readers should conduct their own research.

Cardano's (ADA) price continued to rise after the July 13 rally. Altcoins rose to a peak of $0.4568, but then paused. ADA price analysis from CryptoGuestPosts.

Cardano Price Forecast: Bullish Long-term

The positive momentum of buyers was unable to continue above the resistance zone of $0.46. The cryptocurrency is currently trading above moving averages, but below its $0.46 high. The cryptocurrency will reach its $0.52 high if the current resistance is broken.

Cardano is at risk of a fall if the bears breach the moving average line. Altcoins continue to fluctuate between $0.32 and $0.466. ADA is currently trading at $0.44.

Cardano Indicators: Analysis

Since July 13, the price bars are above the moving-average lines. This shows that the trend is positive and the ADA could continue to rise. Price movement is characterized as small, indecisive candles that dominate price action.

Technical Indicators

ey resistance Zones: $0.80 ($0.85, $0.90)

Support Zones for Key Dollar Values: $0.50, $0.45, and $0.40

What's the next step for Cardano cryptocurrency?

Cardano's 4-hour chart shows a sideways movement after the trend stopped at $0.46. The bullish momentum, which peaked at the high of July 13, has been halted. Since then, the altcoin has fluctuated above the moving-average lines. Due to doji candles delaying price movement, the uptrend is uncertain.

The price of cryptocurrency fell between moving average lines after the July 1st rise. The uptrend, however, was short-lived, as it met resistance at the moving average 50-day line, as previously reported by CryptoGuestPosts.

Disclaimer. This analysis and forecast is the personal opinion of the author. It does not constitute a recommendation for the purchase or sale of cryptocurrency, and should not therefore be considered as an endorsement from CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

After a drop in price on June 24, Bitcoin's (BTC) value is now consolidating above the psychological threshold of $60.000.

Bitcoin Price Forecast: Bearish for the Long Term

The long tail of the candlestick on June 24 indicates a significant amount of buying pressure in the lower price range. The biggest cryptocurrency is consolidating within a narrow price range of $60,000 to $63,000. Both bulls and bears compete for control of the price.

If the bears breach the current support level of $60,000 then Bitcoin will drop to a minimum of $56,710. The bearish momentum is expected to extend up to the psychological threshold of $50,000.

Bitcoin's positive trend will continue if buyers maintain the price above moving average lines, and the $66,000 resistance level.

Bitcoin indicator reading

BTC's price has been trapped in a moving average on the 4-hour chart for the past 48 hours. The bears could resume their selling pressure now that they have broken down below the SMA of 21 days. The cryptocurrency will move lower if the bears breach the psychological price level.

Technical indicators

Key Resistance Levels - $70,000 $80,000

Key Support Levels - $50,000 and $40,000.

What is the future direction of BTC/USD?

The chart for the 4-hour period shows that Bitcoin trades in a tight range between $59,000 to $62,000. Bitcoin is trading above the current support of $60,000. Bitcoin will continue to fall if the support level at $60,000 is lost.

Bitcoin's price fell below $64,000 on June 27, causing the largest cryptocurrency, Bitcoin, to reach a low of over $58,555. This was reported by CryptoGuestPosts.

Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.