Solana Price Holding Steady Ahead of a Breakout: New All-Time High Around the Corner?
The price of Solana has been fluctuating within a range for the past year and a half, while
Solana
2.74%
Solana
SOL
Price
$194.09
2.74% /24h
Volume in 24h
$8.92B
Price 7d
trenches have seen significant activity with $140 billion in DEX transactions, as reported by DefiLlama. The announcement regarding the Solana ETF is anticipated tomorrow, which could serve as a pivotal point for price movements. It is likely to incite an increase in volatility. Amidst all this, what insights can we derive from SOL’s recent price movements?
$SOL: No notable changes thus far. The price attempts to ascend, yet momentum appears weak. Another test of the $180.38 – $195.62 support area seems probable. Nevertheless, if there is a decisive movement above $211, focus can shift to the subsequent resistance… pic.twitter.com/yJuyJTj3GO
— More Crypto Online (@Morecryptoonl) October 15, 2025
Regaining that green line from the prior post would mark a positive beginning for bulls. More Crypto Online utilizes Elliot Waves for their evaluations. The numbers and letters in their chart symbolize this, adhering to the traditional notion that markets fluctuate in “waves” of 3 and 5. Certain traders have mastered this approach and achieved success by applying this theory.
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(Source – Tradingview, SOLBTC)
Before we delve into the SOL USD pair, let’s examine how Solana’s price has been performing against
BTC
1.63%
BTC
BTC
Price
$110,586.77
1.63% /24h
Volume in 24h
$62.68B
Price 7d
.On the Daily timeframe, we observe that the price established a bottom during the first half of 2025 and has since transitioned into a uptrend market structure, achieving a Higher High in September and a Higher Low that has retested the MA200. This sets up a promising scenario for further price appreciation.
Is Solana Price Entering a Pre-ATH Accumulation Phase?
(Source – Tradingview, SOLUSD)
From a Weekly perspective, Solana has shown a clear range between $120-$260—an impressive span of $140! We’ve seen an SFP at the 2021 ATH, followed by a deviation establishing the 2025 low. The Moving Averages are trending upwards, and during the volatile Friday of last week, the price retested MA100, closing above MA50 once more. This appears to be consolidation ahead of a potential upward movement from this range. The untested zone may remain so, assuming the low of $120 within this range holds. The RSI has room for price breakout.
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(Source – Tradingview, SOLUSD)
Next, let’s analyze the 1D chart. We can pinpoint a few additional support and price ceiling levels at approximately $180 and $210. The moving averages have now formed an optimistic, and MA200 has provided price floor in recent days. The RSI is fully reset and is gaining momentum towards the upper half of its range.
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Is SOL Poised to Reach a New ATH Soon?
(Source – Tradingview, SOLUSD)
The final chart for today’s discussion is on the 4H timeframe. We can observe more intricate details about last Friday’s trading market. A confirmed Crypto market Structure Break (MSB) has occurred. In last week’s article, a potential price drop scenario was discussed, which indeed transpired as anticipated. The pessimistic order block proved to be a significant barrier level point, and once the price dipped below all Moving Averages, it swiftly decreased in value. Currently, the $180 base level level is holding firm. However, for Solana’s price to advance, it needs to restore $220 and trade above all MAs before a stronger breakout can occur.
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SOL USD Consolidating Ahead of a Potential Breakout: New ATH Incoming?
- SOL USD price continues to oscillate within the $200s.
- RSI on the 1D and 1W shows potential for growth, as does the 4H timeframe
- A Downtrend Orderblock between $235-$240 was tested and rejected, resulting in a significant sell-off
- A pivotal week for Solana ETFs is approaching, which could influence price movements
- Regaining all MAs on the 4H chart and the $220 level is crucial to witness new ATHs
The article Solana Price Consolidating Ahead of a Breakout: Will a New ATH Follow? first appeared on 99Bitcoins.
