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Crypto Queen Analist

07/17 12:30

Solana Price Could Near $200 as True TPS Hits 1,40

Solana Price Could Near $200 as True TPS Hits 1,400Tronweekly-image-2025-07-14T191741.573-1-768x432.png

  • Solana is approaching the level of $200, with growing trading volume.
  • With a True TPS above 1,400, the network is in high demand.
  • Solana is experiencing powerful convergence in technicals and on-chain patterns.

Solana (SOL) price is experiencing positive movements, and its value has increased towards the expected price level of $167. Hence, it is drawing closer to the $200 resistance level. The daily chart of TradingView reveals that Solana has gone over the support region of $163 and is currently developing higher highs following growing demand. 6a978ecd1c0d8f23d60e12054fdaff15.AD_4nXc-Gu7kLJAHPo1BzYWlo9ph7U9sJXanZD5C21fJeTkG3D3hvQcU29Ejv7DJIOvfzmqZzsCCCjif3ofjjYzZhej3TM8SLZIgf-4nxUdYiImBVwFwjO-0FdYZeChPgP5U_LgXWio.jpg

The breakout is at bullish Fibonacci retracement levels after an earlier dip, which was supported by the level at $121. Technical indicators such as the MACD are positive, which is indicative of the strength of buyers. The trend is indeed gaining traction, and the bulls would want to see more with $170 acting as support.
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