SOL Update: Inverse Head and Shoulders - Target $306SOL printing a textbook inverse head & shoulders… breakout above $266 sends us to $306, then $379+. Bulls are in control. Chart is screaming up-only. 🚀Longby DefiBanked116
Long term Solana Chart for bull run planwhere's the top?? somewhere in the grey box with time and price areas and the fib from last cycle high to low to extend upward. 6.18s again are some best areas, but any 212 414 may work so ladder out the end of summer pow! again, or...or... different cycle due to BTC President??Longby Chefrusty3
Will Trump continue to increase Solana?Hi all, let's look at the 1W SOL to USDT chart, as you know there is a lot of confusion about Solana, because Trump announced that he is considering it for the US reserve. However, here we can see how the price is moving in a specific uptrend channel, in its upper limit which so far has not been able to be positively broken. Let's start by defining the targets for the near future that the price must face: T1 = 265 USD T2 = 291 USD T3 = 324 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 247 USD SL2 = 236 USD SL3 = 220 USD SL4 = 200 USD Looking at the STOCH indicator, we can see that we have bounced off the middle of the range, which has given rise to the current increases, and there is still room for the price to go higher, but considering that any event related to Trump can have a major impact on the market, one should be extremely careful.by cryptodailyuk4
SOL Target: $315🚀 **Solana primed for liftoff!** 🚀 📊 **Key Bullish Signals:** 🔹 **Double Bottom Confirmed** – Classic reversal pattern signaling strong upward momentum. 🔹 **Bullish Pennant Breakout** – Consolidation phase complete... now ready for explosive continuation. 🔹 **Volume Surge** – Buyers stepping in, reinforcing strength in the move. 🔹 **Target Zones** – $285 first stop... then $300+ in sight. 🔥 **If momentum holds, Solana is set to rip past $300 and beyond. The market structure is screaming strength... fade at your own risk!** 🔥Longby DefiBanked20
short term vs end of bull targetstwo cups and handles; short term target $500 and end of bull target $2500. let's see what this will turn into. by AltcoinAlchemist2214
SOLANA - Buy Idea (Short-term)The short-term cycle is driving price action sideways in the last 3 days. After testing the solid last line of defense at $240, Solana has started to turn around. The cross-over the local resistance trigger of $250 is our que to jump into position. We've established a new bullish campaign, targeting the key-level resistance of $264.5Longby BulletproofTradersUpdated 4
1k SOLYo! If you don't own any SOL yet, consider adding to your portfolio, it's not too late. By end of month it has a good shot at reaching $300, and by eoy could be up 300+%. It will not go straight up. I recommend a dollar cost averaging system. Buy a little bit every day or every week. Split up your capital, be patient and buy on RED days. When the days are double digit RED, buy more than normal and skip a day of DCA. Although President Trumps meme release skewed the market some, I have found that I do best buying on Tuesdays, Wednesdays and Thursdays. There are exceptions, but I believe this revolves around the pay cycles of most retail traders and investors. Thank you for your time and let's hit it! OnePathby OnePath5
SOL is aggressively coiling up, 300 USD Solana imminentSolana is being suppressed and it is getting angry. Some major shorts are keeping its price low while big spot buying is ongoing. Shorts were supposed to hold SOL price low or even flush it lower, yet something is not working out for the big forces shorting SOL as it is still in the long-term ascending channel. Any hour now, SOL is likely to break out violently and we will very soon see 300 dollars per SOL. It is always scary to be bullish after a huge leg up SOL has recently done, but it seems for many SOL has validated its thesis that it may overtake ETH and we may have a corresponding mark-up for SOL price. SOL at the marketcap of ETH would be 820 dollars. Make of that what you will, but the confuluence of TA, FA, momentum and metrics are a massive confluence. Longby Goldsworth0
My thoughts on Solana 01.21.25Here's what I think could potentially happen to CRYPTOCAP:SOL if bullish sentiment remains.Longby choyer332
Waiting for a crisp movement from long and short near the marketCaution after highs. Being exposed in Solana stalking. Using USDC to fizz out hypothetical strong retracementsby h1202217
Solana's Pump fun Deposits $28M SOL Amid Class Action LawsuitSolana ( CRYPTOCAP:SOL ), a high-performance blockchain network, has found itself in the spotlight once again, thanks to its association with Pump.fun—a Solana-based meme coin launchpad. Pump.fun’s recent activities, including significant deposits and a federal class action lawsuit, have spurred discussions around Solana’s price movements and market outlook. This article explores the technical and fundamental aspects of Solana’s current state. Pump.fun’s Controversial Operations and Solana Deposits Pump.fun, a leading player in the Solana ecosystem, has facilitated the creation of over six million tokens. According to Lookonchain, Pump.fun recently deposited 116,055 SOL (valued at $28 million) to Kraken, bringing its total deposits to 1,901,332 SOL, worth approximately $386.8 million. These transactions, coupled with $41.64 million in USDC generated from SOL sales, highlight Pump.fun’s substantial influence within the Solana network. However, Pump.fun is under fire due to a class action lawsuit filed by Burwick Law and Wolf Popper LLP. The lawsuit alleges that Pump.fun engaged in exploitative practices, including issuing volatile and unregistered tokens, and promoting hate speech on its platform. The legal scrutiny intensifies as reports reveal that Pump.fun earned $572 million in fees, yet only 0.41% of its wallets achieved profits exceeding $10,000. Critics argue that the platform disproportionately benefits a select few, while the majority of users incur losses. Technical Analysis of Solana’s Price Movement Despite the controversy surrounding Pump.fun, Solana’s price has demonstrated resilience. Currently trading within the $230–$250 range, Solana’s price action is consolidating after reaching a high of $290. This consolidation phase is pivotal, as it sets the stage for the next significant price movement. Key Technical Indicators: 1. Support and Resistance Levels: - Immediate support: $216 - Immediate resistance: $260 and $290 - A breakout above $290 could propel Solana’s price to $360, aligning with bullish projections. 2. Relative Strength Index (RSI): - RSI stands at 58, indicating moderate bullish momentum. - The RSI suggests that Solana is not overbought, leaving room for further price appreciation. 3. Chaikin Money Flow (CMF): - CMF value: +0.05, reflecting sustained capital inflows. - Positive CMF values indicate strong investor confidence and potential for further gains. Fundamental Outlook for Solana Solana’s ecosystem remains robust despite the challenges posed by Pump.fun’s legal issues. The blockchain’s high throughput and low transaction costs continue to attract developers and users alike. Pump.fun’s significant transactions underscore Solana’s role as a preferred network for large-scale operations, albeit with controversies. The ongoing lawsuit against Pump.fun could have mixed implications for Solana. On one hand, increased scrutiny may tarnish its reputation temporarily. On the other hand, resolving these issues could lead to greater transparency and trust in the network. Market Sentiment and Price Outlook Solana’s current consolidation suggests that the market is waiting for a catalyst to determine the next trend. The following scenarios could influence its price trajectory: 1. Bullish Scenario: - A breakout above $290 could lead to a rally toward $360, driven by continued capital inflows and bullish sentiment. - Positive developments in the Pump.fun lawsuit could restore investor confidence. 2. Bearish Scenario: - Failure to hold the $216 support level could result in a retracement to lower levels. - Prolonged legal issues or adverse outcomes for Pump.fun could dampen market sentiment. Conclusion Solana’s association with Pump.fun has placed it under the microscope, but the blockchain’s technical and fundamental strengths remain intact. While the legal challenges surrounding Pump.fun add an element of uncertainty, Solana’s price action indicates potential for a breakout, provided it overcomes key resistance levels. Investors should closely monitor developments in the Pump.fun lawsuit and Solana’s price movements. With its RSI signaling moderate bullish momentum and CMF values pointing to sustained capital inflows, Solana is well-positioned for a potential rally. However, caution is warranted, as external factors could influence its trajectory in the short term.Longby DEXWireNews2
Will Solana (SOL) Reach $1000? Positive Momentum Beyonds Memes Solana (SOL), known for its high transaction speeds and low fees, has experienced periods of significant growth and equally dramatic pullbacks. The question on many investors' minds is whether SOL can reach the ambitious target of $1000. While key technical indicators point to positive momentum, the network faces challenges that extend beyond the fleeting influence of meme hype. This article examines the factors influencing Solana's price trajectory, weighing its potential for significant growth against the hurdles it must overcome. Technical Indicators Paint a Bullish Picture (For Now) Currently, several technical indicators suggest positive momentum for SOL. The price consistently holding above both the 50 and 200-day moving averages is a bullish sign. These moving averages are widely used by traders to identify trends, with the 50-day MA representing short-term momentum and the 200-day MA indicating the long-term trend. When the price is above both, it suggests a healthy uptrend. Other technical indicators, such as Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), can provide further insights. If the RSI is trending upwards without reaching overbought levels (typically above 70), it suggests growing buying pressure. A bullish crossover on the MACD (where the MACD line crosses above the signal line) can also signal a potential price increase. However, relying solely on technical analysis can be misleading. While these indicators can identify trends, they don't account for fundamental factors like network performance, adoption, and competition. Beyond Meme Hype: Fundamental Strength and Adoption Solana's initial surge in popularity was partly fueled by meme coins and NFT projects built on its blockchain. While this generated significant interest and trading volume, it also created a perception of Solana being driven by hype rather than fundamental value. For SOL to reach $1000, it needs to demonstrate sustainable growth based on real-world adoption and utility. Several factors contribute to Solana's fundamental strength: • High Transaction Speed and Low Fees: Solana's architecture allows for significantly faster transaction processing and lower fees compared to networks like Ethereum. This makes it attractive for decentralized applications (dApps) requiring high throughput, such as decentralized finance (DeFi) platforms and NFT marketplaces. • Growing Ecosystem: Despite facing challenges, Solana's ecosystem continues to grow, with new projects and developers building on the network. This expansion is crucial for attracting users and driving demand for SOL. • Technological Advancements: Ongoing development and upgrades to the Solana network aim to improve its stability, scalability, and security. These advancements are essential for addressing past network outages and building trust among users. Challenges and Roadblocks Despite the positive momentum and fundamental strengths, Solana faces significant challenges: • Network Stability: Solana has experienced several network outages in the past, raising concerns about its reliability. Addressing these issues and ensuring network stability is crucial for attracting institutional investors and mainstream adoption. • Competition: Solana faces intense competition from other layer-1 blockchains like Ethereum, Cardano, and Avalanche. These networks are also developing and improving their technology, making it challenging for Solana to maintain its competitive edge. • Negative Perception: The past network outages and association with meme coin hype have created a negative perception of Solana in some parts of the crypto community. Overcoming this perception and building trust will be a key challenge. • Coinbase Withdrawal Delays: The recent criticism of Coinbase for delays in processing Solana withdrawals is a concerning development. Such issues can erode user confidence and negatively impact the network's reputation. While Coinbase has its own operational issues and this may not be solely a Solana problem, it still reflects poorly on the overall user experience. The $1000 Target: A Realistic or Distant Dream? Reaching $1000 would require a significant increase in Solana's market capitalization. This would necessitate widespread adoption of the network, sustained growth in its ecosystem, and overcoming the existing challenges. While the current technical indicators are positive, they are not a guarantee of future price appreciation. The success of Solana depends on its ability to: • Maintain Network Stability: Addressing network outages and ensuring consistent uptime is paramount. • Attract Developers and Users: Growing the ecosystem with innovative dApps and attracting a larger user base is crucial. • Overcome Negative Perception: Building trust and addressing concerns about network reliability is essential for mainstream adoption. • Compete Effectively: Staying ahead of the competition in the rapidly evolving blockchain landscape is vital. Conclusion Solana has the potential for significant growth, driven by its technological advantages and growing ecosystem. However, reaching the ambitious target of $1000 is a challenging task. While positive momentum is evident in current technical indicators, the network faces significant hurdles, including network stability issues, competition, and negative perception. Overcoming these challenges and demonstrating sustainable growth based on real-world utility will be crucial for Solana to achieve its full potential. The recent Coinbase withdrawal delays highlight the importance of smooth user experience and operational efficiency for any blockchain network aiming for mass adoption. Investors should carefully weigh these factors before making investment decisions. Longby bryandowningqln1
SOL long entry level to watchIt seems SOL market is heavily manipulated. It is better to be in spot SOL now. However, if it reaches the green level, it may break out of the triangle and go upwards. Careful, price is heavily manipulated, it seems to the downward, by the exchanges unable to repay SOL to their customers. Hence likely they keep heavy shorts on SOL to buy spot back to repay to people. Once it does reach this level, the breakout can be hugeLongby GoldsworthUpdated 6
$SOL is an easy investment!CRYPTOCAP:SOL is an easy investment! Almost too easy. Could we possibly see #Solana flipping #Etehereum in the future? Honestly, I wouldn't be surprised if it happened. For now, I'm still expecting targets of possibly 5 figures for this run. I can mainly advise you to buy dips and let it run for the mid/long term. More later! Be kind to the world and each other!Longby RidgerR4
another leg up loading for Solana?Seems unbelievable based both on the (currently known) news and on the intensity and scale of the prior pump of SOL, but something gives me vibes of another leg up being prepared for Solana. Seems strange and a bit scary and does not make much sense, but the charts have my spidey sense tickling. And also: we are in the bullrun... New ATH loading for SOL. Longby GoldsworthUpdated 8
Solana ($SOL) Cup and Handle offers 65% Gain PotentialTaking a look at Solana on the Weekly timeframe, i've drawn out this cup and handle pattern: As we can see here, the swing low of $8 to the swing high of $264 provides a measurement we can use from the recent low of $169. When we pair that with a fib extension we have a perfect 1.618 that aligns with this price target of around $400. Notice, however, that we also have another potential swing low and a 1.272 fib extension with a price target of around $350. Given the bullishness of CRYPTOCAP:SOL , being the best crypto in the space, and the catalyst $TRUMP has brought, introducing the general public to its fantastic user experience, low fees, and quick transfer speeds, the bull case for SOL is quite apparent. Howevever, I would be remiss not to point out the bear case that is showing itself here. At least for the short term: As you can see, this daily rising wedge has been forming since April. We've fallen out of it, bounced off the bottom, and rocketed back into it only to hit the top of the inside of the wedge at $295 and be rejected back below the previous ATH of $264. I see the 200-day MA (Purple line) as my key support level to remain bullish, and has proved to be a strong buy level. I managed to catch it at $175 on the latest attempt to breach that led to a massive move to $295. One should always consider both the bull and bear cases and manage risk accordingly. This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling. - Shadowfigureby Shadowfigure5
Solana - Pay Very Close Attention Now!Solana ( CRYPTO:SOLUSD ) is perfectly rejecting the all time high: Click chart above to see the detailed analysis👆🏻 After we saw the creation of the previous all time high back in 2021, Solana just recently actually broke above the major resistance and is now retesting this new support area. So far we are seeing the perfect break and retest and new all time highs will simply follow. Levels to watch: $200, $500 Keep your long term vision, Philip (BasicTrading)Long03:19by basictradingtvUpdated 242479
Why Altcoins Like $SOL Are Worth Watching “Master, aren’t you all about Bitcoin? Why talk about altcoins now?” In the final year of a bull market , altcoins often deliver incredible gains . Let me explain: 📈 The Case for Solana ( CRYPTOCAP:SOL ) About a month ago, when CRYPTOCAP:SOL was trading around $220, I shared with my private community that I was scaling into Solana. Since then: - The ecosystem activity has surged. - AI agents are launching on Solana. - Solana is emerging as the go-to platform for trading, creation, and development. Momentum is strong, and the signals are clear. 🤔 Should You Buy All the CRYPTOCAP:SOL You Can? If you’ve been following my updates, you likely have access to my Unified Indicator. By applying it to the CRYPTOCAP:SOL chart, you’d have caught the **best BUY signal possible**—better than even my manual recommendation! 🔍 My CRYPTOCAP:SOL Trade Example I started buying CRYPTOCAP:SOL at **$219**, before my indicator flashed a BUY signal. CRYPTOCAP:SOL dropped another **20%**, but when the indicator confirmed the BUY, CRYPTOCAP:SOL surged by **55%**. 💡 The Key to Success This isn’t magic—it’s about removing emotions from trading and sticking to a proven strategy. The lesson? Follow your plan, trust the signals, and let the market come to you. This is not financial advice. Always do your own research! 📖 Longby TheStrategyMaster225
SOL/USD STRANGE MARKETSSince solana hit new highs and trump coin jumped the network, the market made big and strange moves since trump came on scene and is starting to slow down and make some pullbacks/retracements... not sure what to expect since the charts aren't looking that pretty but still with our strategy we can still just look for fake breakouts and right retracements. If anyone is trading memecoins, please be carefull since there is more logic than actuall strategy involved since there can only be pump and dumps and rug pulls.... good luck on the charts this week to everyone!by EliteFxAcademy_CRYPTO3
Solana's Crossroads: Break 265 for $400+ or Plunge to 159?Morning Trading Family If Solana goes above 265, expect it to climb to $400 or more. If it falls below 321, watch for drops to 198, 184, or even 159 Kris/Mindbloome Exchange Trade What You See10:22by Mindbloome-Trading3
SOL SHORTSolana just moved below the weekly open. Saw sights of weakness on BTC after the lat weekend spike. Nice setup presented itself and I went short. If the 4h low is taken then I'm targeting $210Shortby Golb3
Solana on the Verge of a Bullish Reversal: Price Targets SetSolana (SOL) is showing strong signs of a potential recovery after a significant selloff, with key technical indicators pointing to a possible upward reversal. The Relative Strength Index (RSI) is currently in oversold territory below 30, a classic signal of an impending price rebound. This suggests that Solana is due for a bullish correction. MACD is showing a bullish crossover, with the MACD line crossing above the signal line, indicating increasing upward momentum. After a dramatic price decline, Solana has started to climb, signaling that buyers are stepping back in. This price action supports the potential for further upward movement. Analysts are optimistic about Solana’s future, with several forecasts predicting a move toward $250–$300 in the next few months, assuming the current bullish momentum holds. Increased institutional interest and Solana’s growing presence on major platforms like Robinhood are contributing to a positive outlook as well. Take Profit Levels: $210: This is the first key resistance level. If Solana breaks and holds above this level, it would confirm the start of a stronger uptrend. $260: The next major target is $260. If Solana continues its bullish trajectory, this level is likely to be tested. Longby ValchevFinanceUpdated 3314
Solana (SOL) Target #2 Achieved @ $276.73 Solana (SOL) Target #2 Achieved @ $276.73 Solana had a huge move! After a Breakout and Re-test having patience always pays. Longby KillerWhaleVentures2