Solana: Another good buy opportunity on CryptoHello,
Another coin to look at keenly is the Solana. We see opportunity for this coin to rally also as investors begin getting the interest after the Bitcoin rally. From a technical view the coin is at the bottom of the correction as had been shown before. The MACD indicator is also close to 0 crossover further reinforcing our view.
Despite recent market volatility, Solana remains a fundamentally robust cryptocurrency. The recent announcement by President Donald Trump to establish official U.S. government cryptocurrency reserves has sparked intense discussion among industry experts. While this has contributed to short-term price fluctuations, it marks a pivotal moment for the crypto market. The formalization of U.S. crypto reserves signals growing governmental acceptance of digital assets, likely encouraging other nations to follow suit. This global shift is expected to drive substantial institutional capital into the market, boosting demand for high-quality assets like Solana.
For investors, now is the time to pay close attention to Solana. The combination of a fundamentally strong ecosystem, favorable technical indicators, and a shifting macroeconomic landscape creates a unique opportunity.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SOLANA trade ideas
Solana Price Target: Expert Predicts $180–$200 BreakoutSolana Price Target: Expert Predicts $180–$200 BreakoutSolana (SOL), one of the most prominent blockchain platforms in the cryptocurrency market, has been on a tear recently, with its price rallying significantly. As of today, Solana’s bullish momentum has caught the attention of investors and analysts alike, with many predicting a breakout to the $180–$200 price range. This optimistic outlook comes on the back of strong technical indicators, increasing adoption, and improving fundamentals.
In this article, we’ll explore the key factors driving Solana’s price rally, analyze expert predictions, and assess whether SOL can sustain its upward trajectory to hit the $200 mark.
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Solana’s Recent Rally: A Snapshot
Solana has seen a remarkable recovery in recent weeks, with its price climbing steadily after periods of consolidation and minor corrections. The blockchain platform, known for its high-speed transactions and low fees, is once again making waves as it captures investor interest.
Key Highlights of the Rally:
1. Price Momentum: Solana’s price surged by over 30% in the last week, breaking past key resistance levels and positioning itself for further gains.
2. High Trading Volumes: The rally has been accompanied by a significant increase in trading volumes, indicating strong market participation.
3. On-Chain Activity: Solana’s on-chain activity has also spiked, with rising transaction counts and growing usage of decentralized applications (dApps) on its network.
These developments underscore the growing confidence among investors and the sustained demand for Solana’s ecosystem.
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What’s Driving Solana’s Price Surge?
The ongoing rally in Solana's price is being fueled by a combination of technical, fundamental, and macroeconomic factors. Let’s take a closer look at these drivers:
1. Strong Technical Indicators
Technical analysis suggests that Solana’s price is in a bullish breakout phase. Analysts have pointed to several key technical patterns that support the prediction of a move toward $200:
• Ascending Triangle Pattern: Solana’s price chart shows an ascending triangle formation, a bullish continuation pattern that typically signals a breakout to higher levels.
• Support and Resistance Levels: SOL recently broke through the $150 resistance level, which had previously acted as a key barrier. With this resistance now flipped into support, the path to $180–$200 becomes more feasible.
• Moving Averages: Solana’s price is trading well above its 50-day and 200-day moving averages, a classic bullish signal that indicates strong upward momentum.
2. Ecosystem Growth
Solana’s ecosystem has been expanding rapidly, with an increasing number of developers and projects choosing its blockchain for their applications. Key areas of growth include:
• DeFi Expansion: Solana has become a hub for decentralized finance (DeFi) projects, with platforms such as Raydium, Serum, and Marinade gaining traction.
• NFT Boom: The Solana blockchain has also emerged as a major player in the non-fungible token (NFT) space, hosting popular marketplaces like Magic Eden and SolSea.
• Gaming and Web3: Solana’s high-speed, low-cost infrastructure makes it an ideal platform for blockchain-based gaming and Web3 applications.
This growing ecosystem contributes to increased demand for SOL tokens, driving up their value.
3. Institutional Interest
Institutional investors have been steadily increasing their exposure to Solana. This trend is evident from the inflows into Solana-based investment products and the growing number of hedge funds and venture capital firms backing Solana projects.
Notably, Solana’s ability to process thousands of transactions per second at a fraction of the cost of Ethereum has made it an attractive alternative for institutional use cases.
4. Favorable Market Conditions
The broader cryptocurrency market has also been in a recovery phase, with Bitcoin, Ethereum, and other major cryptocurrencies rallying. This positive market sentiment has spilled over into Solana, amplifying its price gains.
Additionally, the macroeconomic environment—characterized by easing inflation concerns and renewed interest in risk assets—has created a conducive environment for cryptocurrencies to thrive.
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Expert Predictions: $180–$200 Breakout
Several experts and analysts have weighed in on Solana’s price trajectory, with many predicting a move to $180–$200 in the near term. Here are some of the most notable predictions:
Technical Analysts See Bullish Patterns
Prominent cryptocurrency analysts have pointed to bullish technical patterns that suggest Solana could soon reach $200. For instance:
• Ascending Triangle Target: Based on the ascending triangle pattern, the measured move suggests a price target of $190–$200.
• Fibonacci Retracement Levels: Analysts using Fibonacci retracement levels have identified $180 and $200 as key levels of interest.
Institutional Analysts Eye $200
Institutional analysts have also expressed optimism about Solana’s price potential. A recent report by a leading investment firm highlighted the following factors supporting a $200 price target:
• Increasing adoption in the DeFi and NFT sectors.
• Strong developer activity on the Solana blockchain.
• Growing institutional inflows into Solana-based products.
Community Sentiment
The Solana community remains highly bullish, with many investors and enthusiasts sharing optimistic price targets on social media platforms. This positive sentiment often serves as a self-reinforcing mechanism, attracting more buyers and driving up the price.
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Challenges and Risks
While the outlook for Solana appears promising, it’s important to consider the potential challenges and risks that could impact its price trajectory:
1. Competition from Ethereum and Layer-2 Solutions
Ethereum’s transition to Proof of Stake (PoS) and the rise of Layer-2 scaling solutions like Arbitrum and Optimism could pose challenges to Solana’s market share. These competitors are addressing scalability issues, reducing the competitive advantage that Solana has traditionally enjoyed.
2. Network Outages
Solana has faced criticism for network outages in the past, which have raised concerns about its reliability. Any future outages could undermine investor confidence and slow adoption.
3. Regulatory Uncertainty
The cryptocurrency market remains highly sensitive to regulatory developments. Unfavorable regulations targeting DeFi, NFTs, or blockchain technology could negatively impact Solana and the broader market.
4. Market Volatility
Cryptocurrencies are inherently volatile, and Solana is no exception. While the current rally is encouraging, sharp corrections are always a possibility, particularly if external factors such as macroeconomic events or market sentiment shift.
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Can Solana Sustain Its Momentum?
For Solana to sustain its momentum and achieve the $200 price target, several factors need to align:
• Continued Ecosystem Growth: Solana must maintain its position as a leading platform for DeFi, NFTs, and Web3 applications. This requires ongoing innovation and developer support.
• Institutional Adoption: Increased participation from institutional investors will be critical to sustaining demand for SOL tokens.
• Positive Market Sentiment: The broader cryptocurrency market needs to remain in a bullish phase, providing a favorable backdrop for Solana’s price growth.
• Resolving Network Issues: Addressing concerns about network reliability and scalability will be key to maintaining investor confidence.
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Conclusion
Solana’s recent rally and the expert predictions of a $180–$200 breakout highlight the growing confidence in its ecosystem and price potential. Driven by strong technical indicators, ecosystem expansion, institutional interest, and favorable market conditions, Solana appears well-positioned for further gains.
However, challenges such as competition, network reliability, regulatory risks, and market volatility remain. Investors should approach Solana with cautious optimism, balancing the bullish outlook with an awareness of the risks involved.
As Solana continues its upward trajectory, the $200 milestone could mark a significant achievement for the blockchain platform, solidifying its status as one of the leading players in the cryptocurrency space. Whether this rally leads to sustained growth or faces temporary setbacks, one thing is clear: Solana’s growing ecosystem and innovative technology make it a force to be reckoned with in the world of blockchain and decentralized applications.
SOLANA 4H - Rejection From Supply Zone | Bearish Move Loading? Solana is showing signs of weakness after repeated rejections from the $150.60 Supply Zone, a key area highlighted by the LuxAlgo Supply and Demand Visible Range. Price has failed to break above this resistance multiple times, forming a strong distribution pattern.
Bearish Signals:
Rejection from supply zone around $150 - $151.
Strong resistance confirmed by visible volume profile.
Current price action is compressing under resistance, signaling potential bearish breakout.
Red arrows point to key bearish targets at:
$126.68 – previous structure support.
$104.37 – high-volume node and demand zone.
If price breaks below the short-term range (around $145), expect acceleration towards these downside targets.
Watch for:
Break and retest of $145 level for confirmation.
Increased volume on breakdown = stronger momentum.
Macro support area between $100 – $105 could offer a bullish bounce later.
Bias: Bearish short-term | Neutral to Bullish long-term (above $100 support zone)
What's Your Plan?
Short traders: look for break & retest setups with tight SLs.
Long-term holders: dollar-cost average near demand zone if tested.
$SOL one more leg lower to $64-80Even though CRYPTOCAP:SOL has bounced nearly 50% from the bottom, the fall isn't over yet.
If we look at the chart, we can see that Solana has only fallen 4/5 waves down and it's the last leg down that will be painful for most.
Everyone is long again calling for new highs, yet the chart is still bearish.
I think it's likely that price retraces from around this level and falls down to the lower supports at $64-80.
Once we hit that region, it'll setup a good trade for the long term.
Is a great time for holding Solana?!Hello guys!
What I see:
Ascending Channel: Price has been moving inside a clearly defined upward-sloping channel since the start of 2023, showing a strong long-term uptrend.
33% Correction: Recently, SOL experienced a 33% correction from its local high, testing the previous breakout zone (highlighted in light blue). This area has now acted as a strong support.
Bullish Signal: Price is attempting to reclaim and close above a key horizontal resistance level (~$132), noted by the text: “If the price closes above this level, then buy it.” A close above this level would confirm a bullish reversal and suggest strength returning to the trend.
RSI Outlook: The RSI indicator at the bottom shows a potential reversal from the lower range, indicating possible bullish momentum building.
Projection: If the price successfully closes above the mentioned resistance zone, the structure supports a potential move toward a new high, as marked by the arrow pointing toward the upper channel boundary (above $250 and potentially up to $300+).
Solana: More RoomSolana’s countermovement of the green wave 4 has some more room on the upside. Once the wave-4-top is established (below the resistance at $192.33), we primarily anticipate a wave 5 sell-off down into the blue Target Zone on the downside (coordinates: $56.56 – $29.87). In this range, the wave (ii) corrective movement should conclude, and the altcoin should start the next sustainable upward impulse. However, if the price rises above the mentioned $192.33 mark during the current upward movement (36% likely), this will suggest that the low has already formed via wave alt.(ii) in blue.
Solana Wave Analysis – 25 April 2025- Solana broke resistance zone
- Likely to rise to resistance level 176.45
Solana cryptocurrency recently broke the resistance zone between the key resistance level 145.75 (top of the previous correction A from March) and the 61.8% Fibonacci correction of the downward impulse from last month.
The breakout of this resistance zone accelerated the active impulse wave C, which belongs to the ABC correction (2) from the start of April.
Given the bullish sentiment across the cryptocurrency markets today, Solana can be expected to rise toward the next resistance level 176.45 (former strong support from December to February).
Crypto - SOLUSD - About to Breakdown as it loses momentum ?It looks like the recent squeeze in SOL could be about to end ( in line with equity markets ) as Tariff related risk returns .
SOL broke below a level that held good volume and support this morning ( Re Ellipse ) having retraced the level many time ( orange circle and blue line )
Both Strength and Momentum are beginning to fail on the short term chart and this could be an opportunity for a short position on shorter time frames .
A last attempt to make it higher is worth selling here
Sell SOLUSD at current price ( 149.50 )
Stop 150.75
Target 144.90 or more
Nice Risk return
E
Solana – Bear Market Rally or Reversal?Like the rest of the crypto market, Solana started rebounding on April 8th, pushing more than 50% up from the recent lows. But just like with many altcoins, I'm not convinced this is a true trend reversal. Instead, it looks more like a classic bear market rally.
Let’s not forget: SOL is coming down from nearly $300. A bounce from $95 to $150 is strong, yes—but in the bigger picture, it’s still just a correction.
📍 Key resistance zone: $160–$170
As long as price remains under this zone, the probability of another leg down remains high.
🧠 My plan:
If Solana creates a new local high around $160, I’ll be looking to sell into the rally.
🎯 Target:
$100 at least, depending on how the market reacts.
Solana H4 | Potential bearish breakoutSolana (SOL/USD) is falling towards a potential breakout level where the price could fall lower from here.
Sell entry is at 144.76 which is a potential breakout level.
Stop loss is at 155.00 which is a level that sits above a multi-swing-high resistance.
Take profit is at 122.72 which is an overlap support that aligns close to the 50.0% Fibonacci retracement.
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solana is in for a short term correctionimo 55%+ chance we're in a local top and cool off for a few days
Don't leverage trade in either direction here as there is also a high chance people are fomo'ing so hard at the prices finally going up that we just non-stop rip
imost likely scenario is chopping around until the next FOMC meeting with no decisive direction up or down which is the worst environment to trade on. Just hold on and if you have crazy fomo and can't contain yourself buy spot
Weekly plan for SolanaMarked the important levels in this video for this week and considered a few scenarios of price performance
I would like to see price support at the 130 level
Write a comment with your coins & hit the like button, and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades! MURA
How to Use Renko Charts for Drawing Support and ResistanceHow to Use Renko Charts for Drawing Support and Resistance Like a Pro
Most traders rely on candlestick charts to identify support and resistance zones—but if you’re still sleeping on Renko charts, you’re missing out on one of the cleanest ways to map market structure.
Renko charts filter out noise and only plot price movement, not time, giving you a stripped-down view of market momentum. That’s exactly what makes them powerful for spotting true support and resistance zones—without all the clutter.
Why Renko Charts Work for Support & Resistance
Support and resistance are areas where price historically reacts—either bouncing or reversing. On traditional candlestick charts, these zones can be hard to identify clearly because of wicks, time-based noise, and volatility.
Renko charts simplify that.
Because Renko bricks are only formed after a specific price move (like 20 pips or using ATR), the chart naturally filters out sideways chop and lets key levels stand out like neon signs.
How to Draw Support and Resistance with Renko
Here’s a quick step-by-step process:
Set Your Brick Size
Use an ATR-based Renko setting (ATR 14 is common), or set a fixed brick size that fits your trading style. For swing trading, slightly larger bricks will work best.
Look for Flat Zones
Identify areas where price stalls or flips direction multiple times. These flat “shelves” on the Renko chart often line up with strong historical support or resistance.
Mark the Bricks, & Sometimes The Wicks
With Renko, you’re not dealing with traditional candlestick wicks. So your levels are based on the tops and bottoms of the bricks, not erratic spikes.
Check for Confirmation
If a level held as resistance and later flips into support (or vice versa), that’s a key zone to mark. These “flip zones” are often hotbeds of institutional activity.
Bonus Tip: Combine with Price Action
Renko charts tell you where price is likely to react—but combining them with price action techniques (like engulfing candles, pin bars, or M/W formations on traditional charts) will give you a lethal edge.
Use Renko to mark the zone, then switch to candlesticks to fine-tune the entry. Best of both worlds.
If you’ve been struggling to draw clean support and resistance levels—or find yourself second-guessing your zones—Renko might be your solution. It’s not about fancy indicators or chart tricks; it’s about removing the noise so you can trade what really matters: structure and momentum.
Are you using Renko in your strategy? Drop a comment or shoot me a message—I want to hear how it’s working for you.
SOL - High Time Frame Technical EntrySOL #6
There are a few coins I am buying now based on the 2 week candle that just closed.
SOL is one of them.
It has printed what appears to be a very tidy high time frame, 3 wave, 1:1.618 Golden Window correction.
The 2 week candle just closed is a bullish long wicked hammer that bounced from within the Golden Window band; just beyond the 1.618.
And so we have the price action signalling that the 1.618 GW has a decent chance to have captured a high time frame pivot low.
If it has then this is now the next wave up.
Worth noting also that although the correction may not appear too deep, this chart is in log and thats a 67% drawdown since January.
Its not too far off the percentage loss of a Bitcoin bear market.
Could wobble in low time frame; who knows really...
I bought more here 👍.
Not advice
SOL/USD "Solana vs U.S Dollar" Crypto Heist Plan (Swing / Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries.
Stop Loss 🛑:
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (120.00) Day/Swing trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 168.00 (or) Escape Before the Target
🧲Scalpers, take note 👀 : Only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💸SOL/USD "Solana vs U.S Dollar" Crypto Market Heist Plan (Day / Swing Trade) is currently experiencing a bullishness,., driven by several key factors.☝☝☝
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As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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Trade Setup Summary (Solana - 19/04/2025 at 04:33 PM)Trade Setup Summary (Solana - 19/04/2025 at 04:33 PM)
Entry Point: 137.50
Target (Take Profit): 141.00
Stop Loss: 135.00
Trend: Bullish (Higher Highs on 30-min Chart)
📈 Technical Outlook (30-min Time Frame)
Trend: Market structure is forming higher highs, suggesting upward momentum.
Entry is in line with trend continuation.
Risk-Reward Ratio: ~1:1.14 — moderate reward relative to risk.
Price Action: Watch for possible rejection or consolidation near the 141 resistance zone.
Stop-Loss is well-placed below recent support levels but could be at risk in case of sudden volatility.
📌 Suggestions
Ensure volume confirms the breakout.
Adjust stop-loss or trail it once price moves in your favor.
Always monitor for unexpected news or macro events affecting crypto prices.
⚠️ Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves substantial risk and may not be suitable for all investors. Always conduct your own research or consult a licensed financial advisor before making trading decisions.