Key notes
- Solana is negotiating about $ 151, up 2% in the last day.
- A long -term cup and sleeve scheme suggests that a major upward escape could be close.
- Resistance of the resistance of $ 153.65 can propel $ 180, according to analysts.
Solara
GROUND
$ 148.4
24h volatility:
0.7%
COURTIC CAPESSION:
$ 76.83 B
Flight. 24 hours:
$ 3.71 B
Currently negotiates about $ 151 after posting a 2% gain in the last 24 hours. The sixth largest cryptocurrency seems to flirt with a major escape, according to market analysts.
Renowned analyst Ali Martinez recently noted that Solana was quietly formed a model of cup and manuals in the weekly table since the end of 2021.
Zoom out, #Solana $ Soil Seems to form a perfectly manipulation cup and manipulation pattern! pic.twitter.com/91oyygy0yl
– Ali (@ali_charts) April 28, 2025
Currently, Sol is in the “handle” phase of the pattern, consolidating just below the levels of resistance of the keys.
The Crypto Kamil merchant has also noted a major increase in Solana’s social volume measures, signaling the increase in community engagement. He suggested that an escape above the resistance of $ 153.65 could send soil to $ 180 in the short term.
$ Soil Approach a key resistance to $ 153.65
MacD looks strong and social volume also increases
A break could send it to $ 180 IMO pic.twitter.com/kddegmegzr
– Kamil (@ kamilshaheen19) April 28, 2025
Big Money spills quietly in Solana
Meanwhile, recently, three different investment companies have invested a total of $ 300 million in the Solana ecosystem, highlighting growing confidence in the ecosystem.
GSR led a private investment of $ 100 million in Upexi to stimulate a cash strategy based in Solana, while Astra Fintech launched its own 100 million dollars targeting Solana Innovations. In addition, Galaxy Digital finished a slow but deliberate exchange of $ 100 million from ETH to soil over two weeks via Binance.
Sol Strategies has also recently obtained up to $ 500 million from ATW partners specifically to acquire ground tokens for stimulum. RockaWayx, a Prague-based venture capital company, announced a new 125 million dollars fund for Solana developers.
Sol Price Perspectives
On the table of daily soil prices, the RSI is around 63 with an ascending gradient, signaling an upward momentum. This leaves room for additional gains before exhaustion is triggered.
Sol graph price | Source: tradingView
Bollinger’s bands are slightly tightening after expansion, suggesting that traders could see an escape move forward. Price action tests the upper strip, indicating high purchase pressure.
If Sol does not hold this level, it could turn to the support zone from $ 135 to $ 140 before trying another escape.
Meanwhile, the MacD also flashes up bruel signals, the MacD trend line above the signal line and positive histogram bars accumulating.
Sol graph price | Source: tradingView
Traders could notice a potential ascending triangle forming, with higher stockings converging towards resistance from $ 153 to $ 154. An escape above this level could release a rally to the psychological level of $ 200.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
