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Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday June 13, 2025.
Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday June 13, 2025.
Crypto-currencies
2025-06-13 05:39:31
With the appearance of Divergence between the price movement of the Solana cryptocurrency on its 4-hour chart, with the Stochastic Oscillator indicator and confirmed by the labeling of its price movement which forms a Higher Low and Lower Low, especially with its price movement moving below the WMA (21), then in the near future Solana has the potential to continue its weakening, where the level of 141.63 will try to be broken and close below that level. If successful, then Solana has the potential to continue its weakening back to the level of 130.53 and if the volatility and momentum of its weakening support,then 125.16 will be the next target to be aimed at, but it should also be noted with the condition of the Stochastic Oscillator which is currently also below the Oversold level, there is also the potential for a strengthening correction upwards, but as long as it does not break and close above the level of 169.49 then the weakening that occurs in Solana will continue.
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