Solana Teeters on Brink of Death Cross as $148 Resistance Holds Firm

Quick Summary:

Solana (SOL) continues to face resistance at the $148 level despite recent price gains, raising concerns about its short-term prospects.

The technical pattern historically signals a shift in momentum from bullish to bearish and often precedes extended downtrends in various markets, including cryptocurrencies.

The altcoin has posted an 11% increase over the past four days but remains unable to secure this key support level, keeping it from breaking through the important $150 psychological barrier.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Solana Altcoin News SOL Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 17:10:55 (6 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27363490

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 9 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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