Solana Price Increase: SOL Technical Review Revealed

Solana price assessment (SOL) for March 2025 has taken center stage in the digital currency arena due to a remarkable price rebound, sparked by recent advancements within the distributed ledger landscape and burgeoning interest shown in Google search patterns. As SOL makes a uptrend ascent past $138 and targets the $140 barrier level, this article delves into the technical analysis driving its momentum, analyzing essential indicators and market forces shaping its path. From the rise in active wallet numbers to the active futures market, here’s what’s influencing Solana’s performance this month, highlighting both uptrend momentum and resistance levels for Solana.

If you are a supporter of $SOL, it’s the perfect moment to place your bids.

We’re seeing a retest of a multi-year support zone along with a retest of a multi-year uptrend base level.

I’m optimistic that Solana will maintain the $110-$120 range; failing that, the chance of a 30%-40% pullback will increase. pic.twitter.com/0i8YT3a58b

— Ted (@TedPillows) March 14, 2025

All attention is directed towards this long-term support level. So far, it has held strong and the price currently stands at $144

Price









Volume in 24h

Price 7d

A potential short-term resistance.

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Solana price review for March 2025

(SOLUSDT)

Let’s analyze the 1W timeframe first. Understanding the broader context helps in avoiding careless mistakes. The Moving Average has pinpointed around $114 as base level, which has been effectively challenged. Following this, Solana’s price has surged by 20%. The overall trend in the trading market is pessimistic at the moment, but now is the right time to adopt a bullish stance by acquiring undervalued coins.

(SOLUSDT)

Next, let’s examine the 1D timeframe for our SOL technical evaluation. We can observe current resistance levels for Solana – the MAs and approximately $176 as an initial level – along with base level at $120. A upward movement above the MAs is ultimately what we seek. Nonetheless, we aim to witness a decrease in seller pressure and price stabilization within this range.

SOL bullish momentum developing on shorter timeframe?

(SOLUSDT)

Assessing the 4H crypto market trend, a optimistic momentum and structure for Solana appears to be forming. Exhibiting higher highs and higher lows, while exceeding all three Moving Averages for this timeframe. The barrier level noted here stands around $176. Monitoring the RSI indicates a potential need for a slight cooldown and a retest of one of the lows around $130 prior to further progress.

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The article Solana Price Surge: SOL Technical Analysis Unveiled first appeared on 99Bitcoins.