SOL challenging ATH Solana (SOL) has broken out of its flag formation—an exciting development to watch! Keep an eye on its 2021 all-time high at $260, as this could be a key resistance level. Based on the flag's projection, the potential target is $288. Stay alert for further price action!Longby EL_STOCKTROOPER4
SOLANA Primed for Approaching weekly Double Since 12/31/2022 Solana has followed erratically a trendline oscillating between extremes on one side of the other of that trendline. 1/3's the time on the high side of it and about 1/3 to the low side of that trendline. This week, it broke through the key barrier, the term "Double top," on the daily chart, but there is one last Double top on the weekly chart to push through. It's an all-time high. The vertical timeline shows this possibility happening around 12/31/2024 in approximately six weeks. Should Solana press through the all-time high. Fibonacci channels suggest it's not likely to stop until around $344 by March 15th, 2025 and likely climb as high as $480 by May 30 2025. Considering the Presidential euphoria in the markets. It makes sense these timelines could be cut in half on pure Hype and Euphoric FOMO Longby AGuyUs3
SOL could reach all time high againSolona has been one of the most hated crypto since SBF and FTX but I am seeing similar patterns with the TNX and (NVAX) a stock that had a meteoric rise during covid 19. This is also a well know bearish shark pattern. Its quite interesting that 3 different sectors have similar patterns. Bears will say it is probably nothing. Please do your DD as this is not a financial advice. Please like if you find helpful.Longby BlackisKingUpdated 161626
SOL/USD Weekly Chart AnalysisThe SOL/USD weekly chart highlights strong bullish momentum as Solana reaches a pivotal resistance zone around its previous all-time high. While price action remains within an ascending channel, the RSI indicates overbought conditions on both daily and weekly timeframes. This suggests a critical juncture where Solana could either pull back for a healthy correction or break out if the resistance flips into support. Key Observations: 1. Ascending Channel Formation: • SOL remains confined within a well-defined ascending channel, with higher highs and higher lows indicating a long-term uptrend. • Current price action is nearing the upper boundary of the channel, where previous resistance levels may play a crucial role in dictating the next move. 2. Relative Strength Index (RSI): • RSI on the weekly timeframe has entered overbought territory (>70), reflecting strong momentum but also cautioning traders of a potential pullback. • Historically, overbought RSI conditions have coincided with local tops before corrections, warranting close monitoring for signs of weakness. 3. Key Resistance and Support Levels: • Resistance: SOL is challenging its previous all-time high near $240 - $250. This level could act as a major inflection point; a successful flip to support may signal the continuation of the uptrend. • Support: Immediate support lies at $200, with stronger levels around $160 and $130. A breakdown below these zones could jeopardize the bullish structure. 4. Volume and Momentum: • Volume has increased during upward moves, supporting the ongoing bullish trend. However, divergence between price and volume near overbought conditions could signal exhaustion. Possible Scenarios: • Bullish Case: If SOL can decisively break above the $240 - $250 resistance zone and establish support, the price could rally toward $300 or even test the upper boundary of the ascending channel around $320. • Bearish Case: Failure to break resistance or rejection at current levels may lead to a pullback toward $200 or lower. If momentum weakens, price could test $160 or the channel’s lower boundary near $130. Conclusion: SOL/USD is at a critical juncture as it approaches its previous all-time high. Overbought RSI levels suggest caution, but the potential for a breakout remains if resistance flips into support. Monitoring price action at $240 - $250 and the RSI’s response to these levels will be key to identifying the next significant move. Disclaimer: This is not financial advice. Please conduct your own analysis and consider your risk tolerance before making any trades.by ImmortalEmerson3
Watch Solana Aim for $240 as Bulls Take ControlSolana resumed its bullish trend after holding above the 38.2% Fibonacci retracement level (critical support). The technical indicators suggest the bull market should resume. If Solana prices exceed the immediate resistance at $225.0, the next bullish target could be $240.0. Please note that the bullish outlook should be invalidated if prices fall below the 38.2% Fibo. Article: fxnews.meLongby FxNews-meUpdated 7
Solana cup and handleMassive Solana cup and handle. Outlook: $400-500 in the medium term.Longby sjr0015
SOL VS ETHIm watching this fractal moves, even the supply is different but the reward was is good, i think solana can survive, the caause of this drop is because of huge speculation and because of FTX and ALAMEDA, but the project is so good, so if price reach $1+ im a buyer, i think everyone should watch solana.Longby WolvesOkamiUpdated 9912
$SOLUSDthe only way you lose here is if you dont bet more bet more you pussy ASX:BET token on solana look it up on dexscreener, it is the best solana memecoin i have ever seen in my entire lifeLongby ClavvyGrinds2
Solana - We Will See A New All Time High!Solana ( CRYPTO:SOLUSD ) is preparing for an all time high breakout: Click chart above to see the detailed analysis👆🏻 After dropping -95% in 2022, Solana then rallied an incredible +2.000% and retested the previous all time high. Then we saw a quite long term but tight consolidation and just two months ago, Solana retested the lower support again. It is just a matter of time until we will see a breakout. Levels to watch: $120, $210 Keep your long term vision, Philip (BasicTrading)Long03:49by basictradingtvUpdated 101070
Massive Cup & Handle on Solana about to pop!Solana has been building an absolutely massive cup & handle for the past four years, and with the market perking up since the elections, it may just be the time for it to pop! Good luck, and always use a stop-loss!Longby MetaShackle2216
SOL Breakout on the Horizon!SOL has been flashing some strong bullish signals lately. It formed a reverse head and shoulders pattern in August, with a classic cup and handle within. Then, in early October, a double bottom formed on the right shoulder of the reverse head and shoulders. Now, with candlesticks looking to break out of a bullish wedge, all signs point toward a potential breakout. The technicals are aligning, and significant gains are on the horizon. Longby LOWCO_487Updated 15
SOLUSD up 1000% by July 2025?!Using Fib Retracement tool and a basic flag chart pattern measured move they both predict a possible move from current price of $210 to somewhere in the neighborhood of $2000. Long consolidation followed by a breakout with BTC smashing new highs could lead the Alts on a wild ride in 2025!Longby ATCTA5
Solana Price Prediction; Bearish Divergence in Play🚨 Bearish Divergence 🚨 Solana is showing signs of exhaustion near $260–$311. 🔹 Rising wedge pattern adds downside risk. 🔹 Key supports: $193, $155, $114. If Solana fails to break above $260, a move below $193.34 could confirm a bearish trend. Manage positions wisely.Shortby alibfx1
$SOL having a pullback and breaking of it's wedge.Better to have this happen now than later on. #Solana by Qaddex2
Solana (SOL) Hits New All-Time HighBreaking Records After Near Collapse Solana ( CRYPTOCAP:SOL ) has achieved a remarkable milestone, surpassing its previous all-time high of $260. This new peak represents an extraordinary comeback from its low of $8 in late 2022 following the FTX collapse. The cryptocurrency market is buzzing with renewed optimism as Solana's trajectory mirrors the broader market resurgence, including Bitcoin's recent record highs. Fundamental Drivers: Why SOL is Surging 1. Market Sentiment and Political Shifts Solana’s resurgence coincides with major political developments in the U.S. The recent presidential victory of crypto-friendly candidate Donald Trump has infused fresh optimism into the crypto market. Additionally, the announcement of SEC Chairman Gary Gensler's resignation in early 2025 signals potential regulatory easing, which has boosted investor confidence across the crypto landscape. 2. Resilience and Technological Advancements Solana's developers have worked diligently to address past issues, notably network downtimes. These improvements in stability, coupled with a strong focus on scalability, have restored faith in Solana's long-term potential. Solana Labs’ expansion into mobile hardware and decentralized apps has also contributed to this positive sentiment, reinforcing the ecosystem's robustness. 3. Alignment with Bitcoin’s Momentum SOL's surge is closely aligned with Bitcoin's performance. As Bitcoin smashed past $98,000, Solana's price movement echoed this bullish trend, suggesting that institutional and retail investors are diversifying their portfolios within the crypto space. Technical Outlook Despite a minor pullback of 0.5% at the time of writing, CRYPTOCAP:SOL remains in a bullish zone. Its Relative Strength Index (RSI) stands at 64, indicating strong upward momentum without being overbought. Key Indicators: - Support Level: $223, which served as a resistance-turned-support during the recent breakout. - Resistance Zone: The next significant resistance is at $300, we are suggesting a potential run to $500 before the end of the year. - Moving Averages (MAs): SOL trades well above key moving averages (50-day and 200-day), indicating strong bullish sentiment. Future Outlook: Can SOL Reach $500? Given its current momentum and broader market conditions, Solana's path to $500 seems increasingly plausible. The ecosystem's growth, strategic improvements, and favorable macro conditions provide a robust foundation for continued success. However, investors should watch for potential market corrections and external regulatory shifts. Conclusion Solana's rise to an all-time high underscores its resilience and the growing confidence in its ecosystem. With a bullish technical setup and strong fundamentals, CRYPTOCAP:SOL could potentially hit the $500 mark by Christmas, further solidifying its position as a leading blockchain contender. Longby DEXWireNews2
SOL/USD Weekly Chart Analysis weekly chart highlights strong bullish momentum as Solana reaches a pivotal resistance zone around its previous all-time high. While price action remains within an ascending channel, the RSI indicates overbought conditions on both daily and weekly timeframes. This suggests a critical juncture where Solana could either pull back for a healthy correction or break out if the resistance flips into support. Key Observations: 1. Ascending Channel Formation: • SOL remains confined within a well-defined ascending channel, with higher highs and higher lows indicating a long-term uptrend. • Current price action is nearing the upper boundary of the channel, where previous resistance levels may play a crucial role in dictating the next move. 2. Relative Strength Index (RSI): • RSI on the weekly timeframe has entered overbought territory (>70), reflecting strong momentum but also cautioning traders of a potential pullback. • Historically, overbought RSI conditions have coincided with local tops before corrections, warranting close monitoring for signs of weakness. 3. Key Resistance and Support Levels: • Resistance: SOL is challenging its previous all-time high near $240 - $250. This level could act as a major inflection point; a successful flip to support may signal the continuation of the uptrend. • Support: Immediate support lies at $200, with stronger levels around $160 and $130. A breakdown below these zones could jeopardize the bullish structure. 4. Volume and Momentum: • Volume has increased during upward moves, supporting the ongoing bullish trend. However, divergence between price and volume near overbought conditions could signal exhaustion. Possible Scenarios: • Bullish Case: If SOL can decisively break above the $240 - $250 resistance zone and establish support, the price could rally toward $300 or even test the upper boundary of the ascending channel around $320. • Bearish Case: Failure to break resistance or rejection at current levels may lead to a pullback toward $200 or lower. If momentum weakens, price could test $160 or the channel’s lower boundary near $130. Conclusion: SOL/USD is at a critical juncture as it approaches its previous all-time high. Overbought RSI levels suggest caution, but the potential for a breakout remains if resistance flips into support. Monitoring price action at $240 - $250 and the RSI’s response to these levels will be key to identifying the next significant move. Disclaimer: This is not financial advice. Please conduct your own analysis and consider your risk tolerance before making any trades.by ImmortalEmerson1
Solana High Volatility Solana has high volatility and also in it whole area... im very bullish on Solana I think it could do some numbers #1 Bitcoin ( True Decentralization ) #2 Eth (however you spell it) #3 Solana that's my thought in that order specifically Longby ImmaculateTonyUpdated 3
RETEST COMINGGet ready for a SOL temporary pullback. Notice my BUY ZONE area for a decent entry into SOL before heading north to the 500 range. Good area to accumulate your SOL position. Keep an eye on BTC... as we have a BIG CME gap around 78k. Targets on SOL will be hit no doubt if BTC decides to come back down a fill that GAP. Oh...BTW...did you buy SOL @ 121.00?... BAM!!! ********** HAPPY SOL HUNTING ************Longby marcomarcello221117
SOL USD - Bull FlagStrong Weekly Breakout Candle for Solana! This asset continues to show strong potential in what could be the next bull market cycle. Get Ready!Longby aomagazine1
Solana (SOL)Solana needs no introduction as this coin has already proven to be on many people's popular lists. Besides its high-volume trading and great features, its technical analysis is also interesting. After Solana's upward wave finished, a corrective wave, a long one, started. Now, it seems the corrective wave has ended at 0.5 Fibonacci retracement. Also, the correction is unfolding in an inverted wedge pattern. We have to wait for the price to break this pattern upward. Let's see what happens.by SaeedSalehiniaUpdated 131347
Solana Longive always been a hater of sol but man the degens love it. Well tbh i see it surpassing eth, 10x more users, fast, its the greatest casino on earth. going to 1000 a coin by Feb if Btc goes to 100k expect this 1000 a coin. ALL TRUMP HIGH Longby BigMeechTrades1116
SOL UPDATESolana (SOL) is a high-performance blockchain designed for decentralized applications (dApps) and crypto projects. It features fast transaction speeds, low costs, and high scalability, thanks to its unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS). Solana Coin (SOL): This is the native cryptocurrency of the Solana network. It’s primarily used for staking, transaction fees, and participating in governance within the ecosystem. NEXT UPDATE Longby VASANT_MVK116
Solana’s Bullish Surge: $220 High Signals Potential for New ATH Solana’s ( CRYPTOCAP:SOL ) recent performance has been explosive, breaking past $220 for the first time this year and setting the stage for potentially higher targets. Driving this bullish momentum is a unique blend of technical and fundamental factors, particularly the growing appeal of meme coins on the Solana network and robust market sentiment. Pump Fun’s Significant Sell-Off Meme coin launchpad Pump Fun has offloaded 43,000 SOL tokens (valued at $9.46 million) as the price hit $220, adding to its cumulative 793,243 SOL sold. Despite this, Pump Fun still retains 220,865 SOL, indicating that this liquidity event may be strategic rather than indicative of bearish sentiment. Meme Coin Frenzy Boosts Solana Ecosystem The recent meme coin craze on Solana, with tokens like ACT and PNUT surging 1,300% and 250% respectively, has bolstered SOL’s appeal. This trend has even driven Solana’s DEX trading volume above Ethereum’s for the sixth consecutive week. With $160 million bridged into the ecosystem in the past week alone, this influx of capital underscores the growing interest in Solana-based DeFi and meme coin trading. DeFiLlama data shows that Solana’s DEX volume hit $17.484 billion, surpassing Ethereum’s $14.97 billion. Technical Analysis Technically, Solana’s breakout above the $210 resistance, now turned support, is significant. The token is trading within a breakout channel and is up by 5.54% in the last 24 hours. This breakout has set sights on the $235.5 resistance level, followed by its previous ATH of $260.06. Altcoin Sherpa, a well-regarded analyst, even predicts that a breach of this ATH could push SOL towards $290, with speculative targets as high as $1,000 within the current market cycle. If SOL maintains support around $210 and the $199–$195 range, this area could act as a launchpad for continued upward movement. However, if buyers fail to hold this level, SOL may see a correction toward $183–$172 before another rally. Market Sentiment and Broader Crypto Landscape The bullish momentum for SOL is part of a larger upward trend across the crypto market, with SOL benefiting from both the favorable macro environment and its distinct ecosystem growth. The meme coin popularity on Solana, coupled with strong DEX volumes and increasing DeFi activity, adds to the long-term potential of the network as a primary hub for high-volume, user-driven activity. Conclusion Solana’s rise to $220 represents not only a technical milestone but also a testament to the network’s expanding ecosystem, especially within the meme coin and DeFi sectors. With strong support from both fundamental and technical indicators, SOL’s trajectory suggests that reaching its ATH of $260 is feasible, with even higher targets on the horizon. As SOL continues to capitalize on its position within a bullish crypto landscape, market participants should keep an eye on key support and resistance levels, potential corrections, and the broader sentiment driven by meme coin activity.Longby DEXWireNews9