Latest Solana (SOL) Price Predictions Until 2025

Bittime - Technical analysis suggests a short-term upside potential to $205, with 2024 targets reaching $252 to $560 before a correction. 

2025 predictions predict prices in the range of $71 to $175. For more details, read more here!

Solana Price Analysis

SOL has been growing, hitting several higher lows and finally reaching trendline resistance on October 21, which was its fourth such milestone.

A breakout is very likely as resistance weakens after many touches. Thus, the next resistance will be at $205, which is the yearly high. 

On the other hand, the nearest support area will be at $158. According to technical indicators, a breakout is the most likely prospect.

The Relative Strength Index (RSI) and Moving Average Convergence/Divergence Index are both rising, sitting above the bullish thresholds of 50 and 0, respectively.

Therefore, the most likely future prospect is a breakout of SOL and a rise to $205 from the daily time frame.

Solana (SOL) Price Prediction 2024

Our fractal price and wave count predictions provide targets of $252 and $380 by the end of 2024 and 2025. 

Interestingly, the fractal method predicts an all-time high of $560 in 2024, while the wave count suggests SOL will peak between $368 and $390.

However, the assumption is that the highest price will be reached earlier in the fractal method, so that SOL will experience a further correction at the end of the year, resulting in a lower price.

Latest Solana (SOL) Price Prediction 2025

Fractal and wave counting methods predict solana prices in 2025 between $71 and $175. 

Although the price will be at the same correction level in both scenarios, the fractal method predicts a deeper retracement.

Read Also: RNDR Coin Price Prediction 2024, 2025, 2030

Conclusion

Solana (SOL) has strong potential for an upward price breakout, with a short-term target at $205, supported by technical indicators such as RSI and MACD indicator bullish momentum. 

Price predictions for 2024 predict SOL could reach between $252 to $380, with the possibility of reaching an all-time high of $560 before experiencing a correction. 

For 2025, projections show a price drop to the $71 to $175 range, with the fractal method predicting a deeper correction. 

Overall, SOL is expected to continue strengthening, but a long-term correction remains possible.

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