Deleting a critical level can push Solana price to $ 300 or $ 900

Despite the recent plane crash, Solana (SOL) has quickly recovered and trades near $ 150. Look at a high -time chart that Sol could reach $ 400 or even double to reach $ 800. To do this, the price of Solana must extinguish the level of one critical obstacle, after which it may begin to the above level of the exponential rally.

Solana (Sol) Price Today

After the Bitcoin (BTC) slipped 2.37%on Wednesday, Altcoins, including Solana (SOL), also fell. Despite the sharp decline, Sol Price has shown incredible endurance, which since then causes 6.44% recovery. As of today, the symbol trades about $ 150.

Soli price must turn this key level for 300 and $ 900 goals

The week's chart is the price of Solana between two trendin, which combines lower heights and the higher lowest lowest, respectively, in 2024 and 2023 respectively. During this rise, SOL has exploded from $ 11 to $ 300, about 27x. However, looking at the 50-week and 200 weeks of a simple moving average (SMA), however, the main bullish outlook shows.

The 200-week SMA at $ 95.20 was a stable support for Solana when it fell in early April. Sol has increased by 56%of this level in hell. Similarly, in the second half of the year, the support of 50-week SMA slipped in the second half of 2023. Thus, the withdrawal of this level suggests the price forecast of bullish Solana.

Bull Run targets for Solana (SOL)

Assuming the price of SOL at $ 50 at $ 168 or about $ 170, it would mark the recovery of bulls. Because it was the main support that was resistance, increases the return and is likely to attract buyers. This step would mark the beginning of the bull. Thus, another advanced cryptocurrency outlook of bullish impulses with an advanced rise may rise to the top of the current range of Ethereum-killer to $ 300.

If the price of Solana exceeds the inclined trend line, the following key includes profits of profits –

1. The 161.8% Fibonacci extension level is $ 600.
2. 200% Fibonacci extension level is $ 900
3. In a very bullish case, Sol could hit even $ 1,853, which is 261.8% of the Fibonacci extension.

Other factors that affect the Sol Price rise

In conclusion, the technical outlook of Solana (SOL) is intended for bullish reverse. However, investors must pay attention to the fundamentals and macroeconomic prospects. Here are some key events that can interfere with this optimistic outlook and the SOL at the price of three-digit targets.

1. The Trump Tariff War has exerted unjustified pressure on the American economy, which causes widespread panic in the stock market. As a result, gold has risen to new heights.
2. The Fed decision is another critical move in this economy, which can affect the prices of both stocks and crypto markets. Although Trump's tariff war has put pressure on Fed to reduce interest rates, Fed Chairman Jerome Powell has not yet done so. If it continues, it can cause a recession. Online platform platform Polararket Shows the likelihood of a US recession in 2025 has reached 63%.
3. Bitcoin (BTC) sets the cryptocurrency tone and the BTC affects the two reasons above. If Bitcoin is considered to be safe, uncorrected and inflation hedge assets, but it also behaves as a risk asset that at times has a huge correlation with the stock market. When the US slides into a recession, BTC's behavior decides whether Solana's price will rally or collapse.

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Akash girimath

Cryptocurrency analyst and market strategies, an engineering-analyzed-analysis Akash Girimath, conveys data-based knowledge of cryptocurrency markets, defi and block circuit technology to platforms such as Ambcrypto and Fxstreet. Specializing in technical analysis, chain analysis and risk management, it gives institutional investors and retailers the opportunity to navigate market volatility and regulatory shifts. The practical strategist AKash combines the management of an active cryptoPortfell with the study of Web3, NFTS and tokenomics. At Ambcrypto, he led the cross -functional teams to redesign the content framework, achieving a record traffic growth through scalable editorial strategies. His analyzes dissolve market uses, investment strategies and price forecasts, mixing macroeconomic trends with real -time trading knowledge. In terms of optimization of analytical guidance and major reporting workflows, Akashi's work is referred to by all global cryptocurrencies, reaching 500k+ monthly readers. Follow his knowledge of the cutting -edge perspectives of decentralized ecosystems and cryptoinnovation on your knowledge of Youtube, X and Linkedin.

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