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FX.co ★ Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

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Crypto Analysis:::2025-07-18T05:02:38

Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

Solana – Friday, July 18, 2025.

With a Golden Cross condition between the EMA (50) and the EMA (200) as well as the RSI (14) in the neutral-bullish area, there is potential for continued rally today.

Key Levels

1. Resistance 2: 187.81.

2. Resistance 1: 178.14.

3. Pivot: 173.49.

4. Support 1: 168.82.

5. Support 2: 164.17.

Tactical Scenario

Positive Reaction Zone: If Solana's price breaks through and closes above 178.14, it has the potential to continue its rally to 187.81.

Momentum Extension Bias: If the 187.81 level is successfully broken and closes above it, Solana will continue to strengthen to 187.46.

Level Invalidation / Bias Revision

The upside bias weakens when Solana breaks and closes below the 164.17 level.

Technical Summary

EMA(50): 168.81.

EMA(200): 174.95.

RSI(14): 66.32.

Economic News Release Agenda:

Positive sentiment and institutional interest in Solana since the launch of its ETF and the latest DeFi projects, coupled with strengthening global crypto macros, have the potential to drive Solana higher today.

Today, there are economic data releases in the United States:

Building Permits - 7:30 PM WIB.

Housing Starts - 7:30 PM WIB.

Prelim UoM Consumer Sentiment - 9:00 PM WIB.

Prelim UoM Inflation Expectations - 9:00 PM WIB.

Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

Analyst InstaForex
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