Solana -> a descending broadening wedgeHello guys!
A descending broadening wedge is forming, indicating a potential bullish reversal if price follows the typical pattern.
Pattern Analysis: Descending Broadening Wedge
The wedge is marked with two diverging trendlines, where the upper line is descending and the lower line slopes down
Key stats
About Solana
Solana is a blockchain fairly new to the crypto game, but that's not to say it's not a serious player. Attempting to rival smart-contract titan Ethereum for the NFT and web3 crown, Solana has a strong focus on scalability through its hybrid proof-of-history/proof-of-stake consensus that aims to accommodate a flourishing dApp ecosystem. Its native token SOL has enjoyed the successes of Solana-based NFTs and dApps, but since its inception has also felt the strain of the network’s tendency to experience outages. Although that hasn't stopped it from reaching the top 15 coins by market cap.
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From Rocket to Rock: Solana’s Gravity CheckCRYPTOCAP:SOL may reach $262 as network adoption accelerates and throughput metrics hit new highs, but market dynamics are rarely linear. Cyclical retracements below $100 remain a distinct possibility, reflecting the interplay between speculative sentiment, ecosystem development, and the inherent v
Solana - The sleeping giant waking up!🔦Solana ( CRYPTO:SOLUSD ) will still head higher:
🔎Analysis summary:
Yes, over the past four years, Solana has overall been just consolidating. But eventually, Solana will catch up with the entire crypto market and create a new all time high. Specifically with bulls picking up momentum lately
You will ask yourself "how did he know Sol would do that"?On Aug 30th I suggested that Sol was approaching my ideal buy zone at T2. I anticipated a bounce to my take profit target soon after. That played out perfectly.
Question remains...will T2 remain support? What do you think? I'd love to hear your thoughts.
May the trends be with you.
01-09-2025 SOLUSDThe market is not always chaotic and disorderly, and there is a precise geometric beauty hidden in price fluctuations. The harmonic form long strategy is a powerful tool for accurately identifying potential market reversal points based on the Fibonacci ratio. When the form forms perfectly at the key
Ascending triangle - Solana momentum building Solana is on the rise again, forming an ascending triangle and a golden cross. This could be a good opportunity to accumulate before the next big push upwards. Furthermore, XRP, ETH, and BTC have all surged higher, but Solana has remained relatively stable along its trend line. It’s only a matter of
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Solana (SOL) is 202.03 USD — it has fallen −0.30% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing SOL price chart.
The current market capitalization of Solana (SOL) is 109.33 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Solana (SOL) trading volume in 24 hours is 7.34 B USD. See how often other coins are traded in this list.
Solana price has fallen by −0.80% over the last week, its month performance shows a 20.53% increase, and as for the last year, Solana has increased by 846.28%. See more dynamics on SOL price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Solana (SOL) reached its highest price on Nov 6, 2021 — it amounted to 260.00 USD. Find more insights on the SOL price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Solana (SOL) reached the lowest price of 1.09 USD on Dec 23, 2020. View more Solana dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Solana (SOL) is 609.04 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
The safest choice when buying SOL is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SOL right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Solana (SOL): today its technical analysis shows the buy signal, and according to the 1 week rating SOL shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Solana trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Solana (SOL) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Solana is estimated as 1.32% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Solana, you can find more inspiration in our curated watchlists.
You can discuss Solana (SOL) with other users in our public chats, Minds or in the comments to Ideas.