Solana Price: Analyst Says ‘Blue Skies’ Ahead for Solana Price


Solana (SOL) has experienced impressive growth, recently surpassing the psychological $200 mark and achieving a weekly price increase of 35% as per Coinpedia Market. With six consecutive bullish candles, Solana has hit a new 52-week high of $215, exciting traders and investors alike.


After a 1.67% pullback, Solana’s price has settled at $206.70, hinting at a potential retest of the $201.69 level or the key 100% Fibonacci retracement level. If the upward momentum persists, Solana price could push toward the significant $248 mark.

Technical Analysis: Solana Price Now

Key technical indicators continue to point toward a bullish outlook for Solana price prediction. The exponential moving averages (EMA) for 50-day, 100-day, and 200-day remain positively aligned, indicating a strong buy signal.

Meanwhile, the RSI’s minor pullback, bringing it close to oversold territory, hints at a potential retest that could clear the path for more growth in the price of Solana.

Will Sol Coin Reach $250 or Beyond?

A past double-top reversal pattern in April 2024 hints that Solana may face resistance around the $201 mark. However, a successful breakout could drive SOL toward $222 or even the $249 Fibonacci level.



According to crypto analyst Corne Marchand, Solana only has one key resistance—$248—to surpass before potentially reaching all-time highs. Beyond this, Marchand forecasts ambitious targets, with Solana’s price possibly reaching $360 in the near term, and even $900 to $1,000 per SOL in the ongoing bull run.

This Sol price prediction highlights a promising journey ahead for Solana, as it eyes significant growth in the crypto market.

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