Solana Trades Higher Wednesday Morning — Is A $200 Breakout On The Horizon?
- On May 10, 2025, Solana reached a near three-month high of $184.72 before easing to around $180 amid active trading and $7.48 billion open interest.
- The price surge followed a bullish pennant breakout supported by strong technical setups, growing ecosystem adoption, and robust global liquidity conditions.
- Analyst Crypto Sensei identified short-term resistance near $180 and noted a likely pullback around $200 while indicators like MACD and RSI signal moderate bullish momentum.
- SOL gained over 5% in 24 hours, with more than 63% of derivatives traders holding long positions and significant liquidation clusters near $172-$174 indicating possible volatility.
- If Solana sustains gains above $180, it could approach $200 or higher, although high-leverage liquidation risks may cause short-term price swings before further upward momentum.
15 Articles
15 Articles
Solana Trades Higher Wednesday Morning — Is A $200 Breakout On The Horizon?
Solana (CRYPTO: SOL) fell somewhat in the early hours of Wednesday, but not before reaching a nearly three-month high. What happened: The fifth-largest cryptocurrency by market capitalization soared to $184.72, the highest it has been since Feb. 18, before easing to around $180. SOL gained over 5% in the last 24 hours, while its trading volume dipped 4.97%. Investments in the derivatives market also soared. Open Interest in SOL futures and optio…
Solana Flips Bullish: Price Climbs Above Ichimoku Cloud With Strong Momentum
Solana (SOL) has officially broken above the Ichimoku Cloud on the daily chart, a key technical signal that often marks the beginning of a bullish trend reversal. After weeks of sideways movement and uncertainty, this decisive breakout suggests that momentum is finally shifting in favor of the bulls. While confirmation from volume and follow-through price action is still needed, the technical outlook is becoming increasingly optimistic. Solana I…
Solana (SOL) Eyes $200 Breakout as Bullish Momentum Builds
Solana (SOL) is emerging as a standout performer in the current crypto market cycle, showing strong potential for a major breakout. After weeks of consolidation in the $120$130 range, SOL has surged to around $178, fueled by strong technical indicators and rising demand. One of the most compelling signals is the recent crossover of the 26-day Exponential Moving Average (EMA) above both the 50 and 100 EMAs. This formation often precedes sharp upw…
SOL Consolidates Near Key Level – Price Prediction Inside
Solana (SOL) continues to trade with strong positive momentum, with the regular pattern indicating a clear series of higher highs and higher lows. Buyers have sustained the push, and price action is once again nearing a key resistance level near $184.49. This level has served as resistance in recent trading, and traders will be monitoring closely to observe whether SOL can break through or experience another decline. The 9-day and 20-day moving …
Solana Price Prediction As Active Users Surge Zooms Past 11M in 2 Weeks
Key Insights: Solana added over 11 million active users in just two weeks, signaling explosive growth. SOL’s 12-hour chart confirms a golden cross, paving the way for a rally toward $295.11. Solana is strengthening both its technical and regulatory position amid discussions with the SEC on staking decentralization. Solana price dropped 1% in the last 24 hours after hitting an intra-day high of $180.3. The asset is now trading at $173.55 on a 21…
Turn $10K Into $100K? These 3 Ethereum Competitors Might Deliver in May
Solana (SOL) is gaining momentum with a 9.5% price surge to $158.47, driven by ecosystem growth and high transaction throughput. Sui (SUI) is attracting attention with its scalable architecture and innovative consensus model, trading at $3.78 amid rising adoption. Cardano (ADA) maintains steady growth at $0.7328, supported by peer-reviewed upgrades and expanding smart contract use cases. In a dynamic world involving cryptocurrencies, investors a…
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