Solana’s Next Major Support Levels Sit At $50, $22, And $10: Analyst
An analyst has pointed out where Solana support levels could lie based on a Parallel Channel forming in the asset’s weekly price chart. Solana Parallel Channel Could Indicate Support At These Levels In a new post on X, analyst Ali Martinez has discussed how support is looking for Solana from the perspective of a Parallel Channel that may be emerging in its 7-day price. Related Reading: XRP Triangle Could Point To Support Between $0.60 And $0.90 The “Parallel Channel” is a pattern from technical analysis (TA) that forms whenever an asset trades between two parallel....
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Solana (SOL) is currently one of the high-flyers in the crypto market. The crypto token recently recorded one of the most gains following the market-wide rebound. Crypto analyst Rekt Capital, however, suggested that the crypto token is just getting started, revealing key levels to watch as Solana eyes higher prices. Key Levels To Watch For Solana’s Price In an X (formerly Twitter) post, Rekt Capital highlighted $180 and $202 as key price levels to watch for Solana’s price. The analyst claimed that a successful retest of the $180 price level as new support could continue an upward trend....
Solana’s price action over the past 24 hours has been marked by a decisive move above the $135 level, a development that could signal growing bullish momentum. This breakout follows several days of sideways movement, during which the Solana price traded within a narrow range between $124 and $135. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Although the recent move above this consolidation zone hints at a potential upward continuation, on-chain data reveals that significant resistance awaits near $144, which may serve as the next major test for bulls.....
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana’s price action suggests strength in the face of uncertainty. Investors are closely monitoring SOL’s ability to maintain its current levels, as a breakout could set the stage for substantial gains. Related Reading: Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead? Top analyst Ali Martinez recently provided technical insights highlighting Solana’s most....
Solana’s price is now sitting inside a crucial support zone, and what happens in this region will decide whether the next major bullish wave can truly begin. The broader correction has brought SOL to a defining moment, where micro-level price behavior will determine if buyers can regain control or if deeper levels must be tested first. Market Correction Nears First Major Support Zone According to a recent update by More Crypto Online, SOL still maintains the chance to begin a larger upward move in this current cycle. The analyst notes that the market has been in a correction since....
In a recent chart update published on February 14, 2025, crypto analyst Ali Martinez (@ali_charts) highlighted Solana’s steadfast performance above the $190 mark, suggesting the potential for a breakout toward $225 or even $260. The one-day SOL/USDT chart (Binance) reveals several notable technical signals that support Martinez’s outlook. Why Solana Is Poised For $260 The chart outlines a rising channel that has been in play since roughly the summer, starting near $125 (close to the 0 Fibonacci level at $124.96) and stretching as high as the upper boundary near $355 (around the 1.414....