SOL: $73-$76 Hold Could Open Path Above $100
SOL trades at $77.03 with Michaël van de Poppe highlighting the $73-$76 support band as the trigger for a run past $100 or fresh lows across crypto.
SourceAnalysis
SOL sits at $77.03 as trader Michaël van de Poppe flags the $73-$76 zone as the decisive line that could either confirm a move above $100 or trigger new lows. SOL price prediction models now hinge on whether buyers defend that band and reclaim momentum.
Price action shows a bearish trend with the 50-EMA at $79.07 capping upside while the 200-EMA at $76.04 offers thin support; the MACD death cross at -0.49 reinforces downside pressure and the RSI at 32.6 leaves room for further weakness before oversold conditions appear. With price already testing the lower Bollinger band near $77.58, a swift reclaim of the 50-EMA remains the minimum requirement for any sustained push higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast