Solana (SOL) currently trades at $140.75, showing an 8.5% rise in recent hours. However, the past week tells a different story, with prices down over 10.5%. Trading volume slipped to $5.19 billion in the last 24 hours, down 4.22%. This points to mixed signals, some momentum but less activity overall.
Analysts say Solana is still moving down within a set range. Important support is at $125, and resistance is between $160 and $180. Swing traders are looking for a possible bounce near the support level. However, trend traders are careful because the downward pressure is strong in the short, medium, and long term.
Solana may break all time high by early 2025
DigitalCoinPrice expects Solana’s price to grow a lot by 2025. They predict it will reach about $289.36 in early January, a price not seen since 2021. They also think it could go up even more, possibly hitting $309.71 by the end of the year. This means Solana might break its previous highest price of $294.33 and stay between $279.40 and $309.71 soon.
On the other hand, Changelly has a more cautious view. They expect Solana’s price in 2025 to stay close to $142.61 to $142.79. The average price they predict is around $142.97, which would give a small profit of about 4.9%. For June 2025, Changelly expects a slight drop, with prices near $134 and a small loss.
Long-term investors see potential rebound
Technical analyst stands out the call for patience. Solana is yet to rally through a south fall still indicated by MACD indicators in bearish momentum. On a $125 support level ,it is still very important if recovery will be anywhere near that area .
Those in short term trade must look for resistance levels before entering into position or liquidating longs.Signals that waver in the market confuse us all. If you are a long-term investor, you may interpret the picture as if Solana has more chances to recover than fall, yet for short-term traders there is nothing to do but to be careful for now.
The further development becomes much affected by breaking through certain levels. And until this happens it’s necessary with conservative strategies and risk management in the volatile area of cryptocurrencies business.
