Throughout 2024 Solana has been moving within the Massive Ascending Channel. It does these days too.
Recently, back in March 2025, there was a fake breakdown of the channel's ascending support. It ended up with a strong pullback above the line. Moreover, the descending trend line that was initially formed in February 2024 was also broken upwards.
Signs of strong bullish volumes.
At the moment the price is consolidating above the EMA500 of 1D chart (EMA70 of 1W), just as it did back in November 2023 before the famous x7 rally from $30 to $210.
Breakout of the 0.382 lvl by Fibo will mark the beginning of a new rally upwards. Target for this upward movement on
SOL is $320, must be reached in 2025.
Recently, back in March 2025, there was a fake breakdown of the channel's ascending support. It ended up with a strong pullback above the line. Moreover, the descending trend line that was initially formed in February 2024 was also broken upwards.
Signs of strong bullish volumes.
At the moment the price is consolidating above the EMA500 of 1D chart (EMA70 of 1W), just as it did back in November 2023 before the famous x7 rally from $30 to $210.
Breakout of the 0.382 lvl by Fibo will mark the beginning of a new rally upwards. Target for this upward movement on
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Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.