BTCC / BTCC Square / SOL News /
SOL Price Prediction: $200 Breakout in Sight as Bulls Defend Key Support

SOL Price Prediction: $200 Breakout in Sight as Bulls Defend Key Support

Author:
SOL News
Published:
2025-11-07 08:35:26
24
3
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • Technical indicators show bullish momentum building (MACD crossover)
  • Strong ETF inflows ($29.2M) creating buying pressure
  • $150 support acting as critical foundation for upward move

SOL Price Prediction

SOL Technical Analysis: Key Levels to Watch

According to BTCC financial analyst John, SOL is currently trading at $157.53, below its 20-day moving average of $182.55. The MACD indicator shows a bullish crossover with the MACD line at 8.24 above the signal line at 5.71, suggesting potential upward momentum. Bollinger Bands indicate volatility with the price NEAR the lower band at $153.83, while the upper band sits at $211.28. A rebound towards the middle band at $182.55 appears likely if bullish momentum continues.

SOLUSDT

Solana Market Sentiment: ETF Inflows Fuel Bullish Outlook

BTCC's John highlights strong positive sentiment for SOL, driven by $29.2 million in ETF inflows and multiple bullish news catalysts. Key developments include the $150 support holding strong, ecosystem growth through privacy-focused Hush Wallets, and technical setups suggesting a potential reversal. These factors align with the technical outlook of a possible rebound towards $185 if current levels hold.

Factors Influencing SOL's Price

Solana ETF Inflows Surge $29.2 Million, Fueling Explosive $200 Breakout

Solana spot ETFs recorded $29.2 million in inflows over the past 24 hours, pushing total assets under management to $323 million since launch. BitwiseInvest's BSOL led with $29.2 million, while Grayscale's GSOL added $2.2 million, signaling growing institutional confidence in the Ethereum alternative.

SOL traded at $157.02 with an $87.05 billion market cap, consolidating between $145-$155 before its anticipated $200 breakout. On-chain data reveals $2.636 million in short liquidations and a 0.179 funding rate, indicating bullish pressure.

The cryptocurrency maintains 2.55% market dominance with $12.51 billion in daily volume, despite a 2.87% intraday dip. This ETF performance marks a significant milestone for non-Bitcoin/Ethereum crypto products in traditional markets.

Solana Price Analysis: SOL Eyes $185 Rebound if $150 Support Holds Strong

Solana's technical chart reveals a bearish trajectory, with prices gravitating toward the lower Bollinger Band near $140.89. Analysts suggest the $150 level could serve as a critical inflection point—holding this support may catalyze a rebound toward $175-$185.

The token currently trades at $158.31, reflecting a 2.34% daily decline amid shrinking trading volume. Market capitalization stands at $87.55 billion as selling pressure intensifies. The middle Bollinger Band at $191.62 now forms a formidable resistance ceiling.

Momentum indicators confirm weakness, though strategic buyers appear to be accumulating near psychological support levels. A decisive break below $140 could trigger accelerated liquidation, while reclaiming $175 would signal short-term trend reversal.

3 Signs Of Solana Ecosystem Growth: Privacy Boosted By Hush Wallets

Solana trades at $155.80 amid rising active addresses, signaling robust on-chain activity. The network's new privacy-focused wallet, 'Hush,' enhances user control while DeFi total value locked (TVL) climbs—a clear indicator of returning investor confidence.

TVL growth across lending platforms and decentralized exchanges marks a broader ecosystem rebound. Meanwhile, surging active addresses reflect accelerating network adoption, positioning Solana for renewed strength in 2025.

Solana Price Prediction: SOL Eyes Major Reversal as Bulls Defend Key $150 Support Zone

Solana shows early signs of a bullish reversal after testing a critical demand zone between $150 and $160. Historical patterns suggest this region has repeatedly acted as a launchpad for rallies, with BitGuru's data indicating renewed accumulation by buyers.

A potential double-bottom formation near $146-$150, highlighted by CryptoBusy, reinforces the case for trend exhaustion. A breakout above the $170 neckline could confirm the next upward impulse, targeting the $175-$185 resistance cluster.

Lower timeframe charts reveal bullish divergence, suggesting SOL may be completing its corrective phase. Market participants are watching for confirmation of this accumulation structure after weeks of downward pressure.

How High Will SOL Price Go?

Based on current technicals and market sentiment, SOL could see the following price movements:

ScenarioPrice TargetKey Condition
Bullish Breakout$185 - $200Holding above $150 support
Neutral$165 - $18220-day MA as resistance
Bearish$153 - $150Lower Bollinger Band break

John notes the $200 psychological level becomes likely if ETF inflows sustain and MACD momentum continues building.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.