Image of SXP
SXPSolar
$0.003882
-4.21%
1D

Solar Analysis

Investment Score
A quick view into Solar's investment prospects.
6.8

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 79%
Why this state?
  • SXP is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
SXP is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 51.40, which is neither overbought nor oversold.
Volatility
Quiet
SXP ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.004148 - $0.005169
Active zone
$0.003191 - $0.003948
Support zone
$0.001557 - $0.002429
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Solar support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001557 - $0.002429
Resistance zone
$0.004148 - $0.005169
Active zone
$0.003191 - $0.003948
Levels Table
LevelZoneStrength
Support 1$0.001557 - $0.002429
Support 2$0.0003581 - $0.001351
Resistance 1$0.004148 - $0.005169
Resistance 2$0.005997 - $0.006754
Resistance 3$0.007304 - $0.008062
Resistance 4$0.06954 - $0.07029
Active 1$0.003191 - $0.003948
Scenario Analysis
Bullish scenario

SXP clears the resistance zone at $0.004148 - $0.005169 and holds above it. That would strengthen the breakout case and shift attention to $0.005997 - $0.006754.

Bearish scenario

SXP loses the support zone at $0.001557 - $0.002429. That would weaken the setup and open the way toward $0.0003581 - $0.001351.

Neutral scenario

SXP continues trading between $0.002429 and $0.004148. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.003588
Bullish
SXP is trading above the 50-day average.
SMA200
$0.005597
Bearish
SXP remains below the long-term trend line.
EMA50
$0.003630
Bullish
SXP is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01630
Bearish
SXP is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
51.40
Neutral
RSI (14) is at 51.40, which keeps momentum in a balanced range.
Stoch RSI (14)
76.88
Neutral
Stoch RSI (14) is at 76.88, which suggests momentum is active but not yet extreme.
MACD
0.00001620
Bearish
MACD is below its signal line.
ATR
14.78%
Quiet
Volatility is below its 180-day median.
VWMA
$0.003935
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
26.72
Neutral
CCI (20) is at 26.72, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0001106
Bearish
Awesome Oscillator is below zero at $-0.0001106, which supports bearish momentum.
Williams Percent Range (14)
-33.21
Neutral
Williams Percent Range (14) is at -33.21, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0002200
Bullish
Bull Bear Power (13) is positive at $0.0002200, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
46.42
Neutral
Ultimate Oscillator is at 46.42, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.003641
Bullish
SXP is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.005293
Bearish
SXP is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Solar

Over the past 7 days, Solar price was most positively correlated with the price of Pi Network (PI), Hedera Hashgraph (HBAR), Decred (DCR), Algorand (ALGO) and Curve DAO Token (CRV) and most negatively correlated with the price of Raydium (RAY), GateToken (GT), Beldex (BDX), Monero (XMR) and Ethereum (ETH).

Positively Correlated Currencies
NameCorrelation
Image of Pi NetworkPi Network0.609
Image of Hedera HashgraphHedera Hashgraph0.586
Image of DecredDecred0.577
Image of AlgorandAlgorand0.561
Image of Curve DAO TokenCurve DAO Token0.555
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.649
Image of GateTokenGateToken-0.518
Image of BeldexBeldex-0.456
Image of MoneroMonero-0.386
Image of EthereumEthereum-0.331

Solar price is positively correlated with the top 10 coins by market cap with a price of 0.300, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.217. Currencies that are positively correlated with Solar indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Solar, a move in one direction for Solar would translate into a move in the opposite direction for the negatively correlated coin.

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