BTCC / BTCC Square / SOL News /
SOL Price Prediction: Will SOL Hit $200 Amid Mixed Signals?

SOL Price Prediction: Will SOL Hit $200 Amid Mixed Signals?

Author:
SOL News
Published:
2025-06-29 20:42:26
4
1
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

#SOL

  • SOL is trading above its 20-day MA, indicating bullish momentum.
  • MACD shows a bearish crossover, suggesting potential short-term weakness.
  • Market sentiment is mixed with strong DeFi activity but bearish technical signals.

SOL Price Prediction

SOL Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Michael, SOL is currently trading at $151.02, above its 20-day moving average of $147.02, suggesting a bullish trend. However, the MACD indicator shows a bearish crossover with a value of -1.2828, indicating potential short-term weakness. The Bollinger Bands show the price NEAR the upper band at $162.26, which could act as resistance. The middle band at $147.02 and lower band at $131.78 may serve as support levels if the price corrects.

SOLUSDT

Market Sentiment Mixed as SOL Faces Key Resistance

BTCC financial analyst Michael notes that while solana has shown strong performance in DeFi with record DEX volume and TVL, bearish signals are emerging. The TD Sequential indicates a sell signal, and traders are shifting to short positions. Institutional interest in staking remains strong, but whale activity and sell-off fears could pressure the price. The market is divided on whether SOL can break above $200 after its recent 30% rally.

Factors Influencing SOL’s Price

SOL Braces to Fall Below $146 as TD Sequential Prints Out Sell Signals

Solana (SOL) faces a potential retracement as the TD Sequential indicator flashes a sell signal, according to market analyst Ali Martinez. The altcoin, currently trading at $149.94 after a two-week uptrend, may correct to the $146 support level.

Professional traders often use the TD Sequential to identify trend reversals. The sell signal suggests waning bullish momentum, prompting traders to consider profit-taking or short positions. A breach of $146 could test lower support levels before stabilization.

Despite today's 2.7% gain, SOL's price action hinges on buyer defense at key levels. The market watches for confirmation of the predicted downturn, which WOULD mark a pause in Solana's recent rally.

Solana Dominates DeFi with Record $22.39B Weekly DEX Volume and $9.44B TVL

Solana ($SOL) has solidified its position as the leading blockchain in decentralized finance, posting a staggering $22.39 billion in weekly DEX volume—a nine-week high that eclipses competing networks. The surge reflects accelerating adoption of solana as a preferred platform for DeFi activity.

Total value locked on the network jumped to $9.44 billion, reclaiming February's peak levels. This dual milestone underscores Solana's resurgent momentum as institutional and retail demand converges on its high-throughput ecosystem.

Solana Traders Shift to Short Positions as Bearish Sentiment Intensifies

Solana's market dynamics are showing signs of strain as traders pivot toward bearish positions. The long/short ratio for SOL has plummeted to 0.86, marking its lowest point in 30 days, according to Coinglass data. This metric reflects a growing preference for short bets, signaling eroding confidence in near-term price appreciation.

The shift comes after a period of sustained bullish momentum for the asset. A long/short ratio below one typically indicates traders are bracing for potential downside, with more market participants now wagering against SOL's price trajectory than supporting it. Such sentiment shifts often precede increased volatility in crypto markets.

Institutional Solana Staking Gains Traction with SOL Strategies and DigitalX Partnership

SOL Strategies, a Canadian public company specializing in Solana blockchain infrastructure, has teamed up with Australian blockchain firm DigitalX to offer institutional-grade Solana staking services. The partnership leverages BitGo's custody solutions to transform passive SOL tokens into regulated yield-generating assets.

The collaboration between two publicly traded firms signals a maturation in the crypto staking market, where institutional demand meets regulatory compliance. Solana's ecosystem continues to position itself as a credible alternative to Ethereum, with enterprise custody solutions adding legitimacy to its staking infrastructure.

Will Solana Break Above $200 Soon After a 30% Monthly Rally?

Solana's price action shows strong bullish momentum, with the BBTrend indicator confirming trend strength as it jumps from negative territory to 16.7. The cryptocurrency is approaching a major resistance zone, and a breakout could pave the way for a move above $200 for the first time since February.

The Ichimoku Cloud chart further supports the bullish outlook, with SOL trading well above the Kumo, which has turned green. The Leading Span A is above Leading Span B, reinforcing the positive trend. Short-term and medium-term support levels remain intact as the price holds above the Tenkan-sen and Kijun-sen lines.

Whale Moves Spark Sell-Off Fears for Solana Amid Price Surge

Solana faces heightened selling pressure as major investors unwind positions following its recent rally. On May 12, 2025, a whale dumped 103,040 SOL ($17.7M) while an FTX/Alameda-linked wallet unstaked 187,625 SOL ($32.24M). Pump.fun, a Solana-based launchpad, moved 132,000 SOL to Kraken—a clear liquidity exit signal.

These coordinated withdrawals reveal profit-taking by smart money despite Solana's strong network fundamentals. The actions mirror historical patterns where early backers distribute holdings during price peaks, often preceding short-term corrections.

Moo Deng Price Prediction: MOODENG Spikes 568% In A Week, Is $0.50 Next?

The Moo Deng price has surged by 106% in the past 24 hours, reaching $0.2603, marking a staggering 560% increase over the last seven days. This Solana-based meme token now stands as the top-performing asset in the top 500 cryptocurrencies by market cap, with a 920% monthly gain.

Despite being 61% below its all-time high of $0.6804 set in November, the token's parabolic momentum suggests potential for further upside. Technical indicators, however, signal overbought conditions after its recent vertical rally.

DeGods NFT Project CEO Rohun Vora Steps Down After Three Years

Rohun Vora, the pseudonymous founder known as Frank DeGods, has resigned as CEO of the Solana-based DeGods NFT project. His departure marks the end of a three-year tenure that saw the collection grow from a niche experiment to a multimillion-dollar community.

Leadership will transition to two anonymous successors, @0x_chill and @pastagotsauce. Vora emphasized his exit was voluntary, citing sleepless nights building DeGods and its sister project y00ts. "No legal issues," he assured followers in a candid X post.

MOODENG Meme Coin Surges 612% Amid $1.2B Volume Revival

Solana-based meme token MOODENG has staged a dramatic recovery, posting a 612% weekly gain alongside $1.2 billion in trading volume. The resurgence marks a stark reversal from its April lows when market capitalization had eroded to $20 million.

The token's viral narrative—originally tied to a baby pygmy hippo—has reignited speculative interest. MOODENG briefly surpassed $100 million market cap shortly after its September 2024 debut before entering a prolonged downtrend.

Current momentum suggests traders are rediscovering risk appetite for speculative assets. The triple-digit percentage moves echo patterns seen during previous meme coin manias, though sustainability remains uncertain.

Will SOL Price Hit 200?

BTCC financial analyst Michael suggests that while SOL has strong fundamentals and institutional support, technical indicators show mixed signals. The price is currently above the 20-day MA, but the MACD and Bollinger Bands suggest potential resistance near $162.26. News sentiment is also divided, with bearish short-term signals but strong DeFi activity. A breakout above $200 is possible but may require overcoming key resistance levels and renewed bullish momentum.

IndicatorValueImplication
Current Price$151.02Above 20-day MA, bullish
MACD-1.2828Bearish crossover
Bollinger BandsUpper: $162.26Resistance level

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users