Solana Price Prediction: The 8.1% Weekly Jump and What It Means
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Arslan Butt
Crypto Writer
Arslan Butt
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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Solana Price Prediction
Solana has surged 8.1% this week, climbing to $208 with daily trading volumes above $6.67 billion. Ranked #6 by market capitalization at $112.5 billion, Solana is once again at the center of crypto market discussions.
With a circulating supply of 540 million SOL tokens, the asset is now testing a key resistance zone that could define its next major move.
Solana (SOL/USD) Technical Setup.
On the 4-hour chart, Solana price prediction looks bullish as it’s pressing against the $210 resistance, where price has been rejected three times in recent weeks.
This triple top pattern usually signals exhaustion, yet Solana’s structure remains constructive, supported by higher lows along an ascending trendline that dates back to July.
Technical indicators support the bullish case. The RSI is at 67, signaling strong momentum but avoiding overbought extremes, while the MACD remains positive with widening histogram bars.
Candlestick behavior adds weight: long lower wicks near $187 suggest buyers consistently step in to defend support levels, underscoring demand at dips.
Solana Key Levels to Watch.
The short term depends on Solana breaking through $210. If it does, it will expose $218 and $228, with TradingView showing $250 as an extension.
On the downside, $195 and $187 are support, with the 50-period SMA at $188. If we lose these levels, momentum will shift, and $176 will be the next level to watch.
Key Trading Levels:
Resistance: $210 → $218 → $228
Support: $195 → $187 → $176
For Traders.
For now, Solana’s setup is for patience and confirmation. A close above...
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