Solana Rockets Past $150: Is SOL Heading Straight for the $200 Milestone?
0
0
Solana (SOL) has surged significantly, climbing above $150 as investors eagerly anticipate its potential move toward the $200 milestone. According to CoinMarketCap, Solana’s current price stands at $150.99, marking an impressive daily increase of 8.11%.
This recent price spike has notably boosted investor sentiment, underlined by a substantial volume increase. Significantly, trading volumes surged by 32% within the past 24 hours, reflecting strengthened market confidence and increased trader engagement.
Moreover, the cryptocurrency’s bullish momentum is backed by consistent higher highs and higher lows, confirming the positive market sentiment. Solana initially found firm support around the $139.67 level, which has consistently served as a solid psychological anchor for price recovery.
Also Read: SEC Charges PGI Global’s Ramil Palafox in $198 Million Crypto Scheme
Additionally, the $144.00–$145.00 range is emerging as a robust support zone, effectively underpinning recent bullish movements. This support indicates the market’s resilience, further reinforcing optimism among investors looking forward to sustained growth.
Technical Indicators Show Bullish Signs
Despite current bullishness, Solana faces immediate resistance at $152.00, an area where price movements have previously stalled. However, considering the ongoing strength of market momentum, breaking past this resistance level soon appears highly feasible.
Analysis projects a new significant obstacle at $155.00 awaits Solana when it passes through $152.00 because this psychological price point interests traders deeply. Technical indicators support a bullish trend based on their current analysis which adds strength to the projected price increase.
Additionally, Solana’s Relative Strength Index (RSI) currently stands at 53.20, indicating room for additional growth without nearing overbought conditions. Forecasts from the Moving Average Convergence Divergence (MACD) chart show a possible bull move in momentum that would indicate a shift toward a strong bull market.

Source: Tradingview
The market prognosis data from Coincodex indicates that Solana will experience substantial price appreciation during the medium-term outlook. By December 2025 the cryptocurrency is expected to jump about 84% from its current level to rest between $265.65 and $286.37.
Also Read: Ethereum Fights Back: Price Soars as Solana and Sui Close In Fast
The post Solana Rockets Past $150: Is SOL Heading Straight for the $200 Milestone? appeared first on 36Crypto.
0
0
Securely connect the portfolio you’re using to start.