Analyst Predicts Potential Bullish Reversal for Solana Price

Analyst Predicts Potential Bullish Reversal for Solana Price

主要洞察:

  • A prominent analyst reported that Solana (SOL) recently printed its first monthly green candle in 10 months.
  • The monthly RSI has broken out of a two-year downtrend, and the MACD is nearing an unconfirmed 看涨 交叉。
  • A whale accumulated 285,503 SOL valued at $28.82 million on Hyperliquid across a three-week span.

Solana’s price sits around $102.08 after a 3% decline over the past 24 hours, while market observers monitor various on-chain and technical indicators. Over the last 30 days, SOL has climbed 34.8%, with 14-day and weekly gains registering at 4.5% and 0.8%, respectively.

Amid these conditions, Ash Crypto highlights three monthly indicators suggesting a potential early 看涨 reversal. Concurrently, large-scale whale accumulation and a recent daily 黄金交叉 provide two additional factors influencing SOL price movement.

Current market statistics place Solana’s 24-hour trading band between $102.28 and $105.20. The $100 threshold has established itself as an immediate 支撑 level following the recent bounce. Pushing back past $105 would reinforce the short-term market structure indicated by the available data.

Furthermore, all discussed price targets and technical levels rely on analysis and do not guarantee future results. This material serves an informational purpose exclusively and should not be construed as financial guidance. Given crypto market fluctuations, individuals should conduct thorough research or consult a licensed professional prior to executing investment strategies.

Solana (SOL) Price Gets Three Monthly Signals

Ash Crypto’s evaluation focuses on Solana’s monthly timeframe following a steep descent from figures above $200. The primary indicator stems from the latest monthly candle formation. After rebounding from the $60 region, SOL registered its initial green monthly candle in approximately ten months.

Solana (SOL) Price Analysis | Source: X
Solana (SOL) Price Analysis | Source: X

This upward correction has driven the asset back toward the $100 mark. Ash Crypto points to the monthly MACD configuration as the second indicator, noting it is tracking toward a 看涨 crossover, though this crossover remains unconfirmed.

Meanwhile, the third indicator originates from the monthly RSI. According to the analyst, the RSI crossed above a downward-sloping trendline that had remained intact for roughly two years, signaling a shift in the momentum structure displayed on the chart.

Nonetheless, the broader price structure for Solana still demands confirmation. Prior to tumbling toward the $60 range, SOL traded above $200. Maintaining the $60 to $80 band will help sustain the recovery pattern visible on the charts, while a definitive push through the $100–$120 bracket would bolster Ash Crypto’s bullish reversal hypothesis.

Whale Adds 285,503 SOL in Three Weeks

In tandem with these technical patterns, on-chain data reveals consistent SOL acquisitions tied to whale wallet address HURDw. These transactions originated from Hyperunit’s 热钱包 across multiple days, with visible transfers in the data amounting to roughly 217,000 SOL, valued at approximately $22.4 million.

Solana Whale Purchase | Source: X
Solana Whale Purchase | Source: X

Significantly, the largest recorded transfer involved 49,732 SOL worth near $5.07 million. An additional transfer moved 25,230 SOL, estimated at around $2.63 million, alongside a separate transaction of 24,988 SOL valued close to $2.59 million.

The records also document a transfer of 21,938 SOL valued at roughly $2.34 million sent to the same destination. Additional smaller tranches surfaced throughout the timeframe, indicating that the activity took place via a series of separate transactions rather than a single lump sum.

Based on the accompanying information, HURDw accumulated a total of 285,503 SOL over a three-week window, representing an aggregate value of approximately $28.82 million.

These purchases transpired as Solana’s price bounced back toward the $100 milestone following its preceding correction.

Solana Price Golden Cross Puts $150 in Focus

Simultaneously, analyst 0xSweep highlights a distinct development on the daily Solana chart, which displays a newly formed golden cross following the asset’s recovery from the $60–$80 zone. This crossover materializes when a short-term moving average crosses above a long-term trendline.

Solana Price Action | Source: X
Solana Price Action | Source: X

0xSweep contrasts this latest crossover with a prior golden cross observed on the identical chart. In the wake of that earlier signal, SOL advanced by roughly 56.22%, adding about $91.20 prior to touching the $250 territory.

Applying that exact percentage metric, the current setup projects an upward shift of about 56.14%, translating to roughly $54.49 measured from the chart’s baseline. Under 0xSweep’s projections, the price of SOL could breach $150 before October concludes.

It is important to note that the $150 figure derives from historical chart comparisons rather than an officially 得到确认 price target. SOL currently changes hands near $102, with immediate overhead 阻力 hovering close to $105, while the wider chart positions the $100 to $120 band between current valuations and the forecasted target.

常见问题解答

  • What monthly signals is Solana showing?
    SOL recorded its first green monthly candle in 10 months, its monthly RSI broke a two-year downtrend, and its MACD is nearing an unconfirmed bullish crossover.
  • How much Solana did the whale purchase?
    A whale address accumulated 285,503 SOL worth approximately $28.82 million over a three-week period.
  • What price target does the daily golden cross suggest?
    Analyst 0xSweep’s historical comparison of a recent golden cross puts the $150 level in focus for late October.
  • Where is Solana trading right now?
    SOL is trading near $102.08 after a minor 3% pullback over 24 hours.
本文不构成投资建议 此处发布的分析仅供参考。数字资产具有波动性,您可能会损失仓位的全部价值。在采取行动前,请自行做好调研。

Glory Kaburu

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