Solana Price Stabilizing Ahead of Potential Breakout: New All-Time High Approaching?

The price of Solana has been fluctuating for over a year and a half, while

Solana
SOL

$195.11


3.06%

Solana
SOL


Price

$195.11

3.06% /24h





Volume in 24h

$8.82B



Price 7d

trenches have seen significant activity with $140 billion in DEX trading volume, as noted by DefiLlama. The decision regarding the Solana ETF is anticipated tomorrow and may serve as a powerful catalyst for a bull run. At the very least, it should increase market price swings. Amid this backdrop, what insights can we derive from SOL’s most recent price fluctuations?

$SOL: No important developments have occurred yet. The price is attempting to rally but momentum is still lacking. Another trial of the $180.38 ‒ $195.62 base level area appears probable. Nonetheless, if there is a clear breakthrough above $211, the attention could move to the subsequent resistance… pic.twitter.com/yJuyJTj3GO

— More Crypto Online (@Morecryptoonl) October 15, 2025

Restoring the green line from the earlier post would be a fantastic beginning for bulls. More Crypto Online utilizes Elliot Waves in their evaluations, indicated by the figures and letters on their chart, adhering to the classic concept that market activity propagates in “waves” of 3 and 5. Some traders have effectively leveraged this theory for profitable outcomes.

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(Source ‒ Tradingview, SOLBTC)

Before delving into the SOL USD pair, let’s examine how Solana price has been performing against

BTC
BTC

$111,608.06


0.16%

BTC
BTC


Price

$111,608.06

0.16% /24h





Volume in 24h

$61.54B



Price 7d

.On the Daily timeframe, we observe that the price established a bottom during the first half of 2025 and, thus far, has transitioned into a optimistic trading market structure with a Higher High recorded in September and a Higher Low retesting MA200. This sets up nicely for a potential continuation upward.

Is Solana Price Entering Pre-ATH Accumulation?

(Source ‒ Tradingview, SOLUSD)

On the Weekly timeframe, Solana has been operating within a distinguishable range between $120-$260, a $140 spread. We observe a Swing Failure Pattern (SFP) of the 2021 ATH, followed by a deviation that set the low for 2025. The Moving Averages are gaining momentum upward, and during last week’s volatile Friday, price retested MA100 and the candle ended above MA50 once more. It appears to be a period of consolidation before a possible breakout of this range. The untested region may remain so if the low ($120) of this range holds firm.

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(Source ‒ Tradingview, SOLUSD)

Next, let’s evaluate the 1D chart. Here, we can identify additional price floor and resistance levels around ~$180 and ~$210. The moving averages are presently forming an upward trend, with MA200 showing base level over the last several days. The RSI has reset completely and is making its ascent to the upper half of its range.

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Is a New ATH Imminent for SOL?

(Source ‒ Tradingview, SOLUSD)

The final chart for today’s review focuses on the 4H timeframe. This chart offers more clarity on last Friday’s movements. Here, we can see a confirmed Market Structure Break (MSB). In last week’s analysis, a sell-off scenario was mentioned that might tarnish the deviation narrative, and that unfolded as expected. The downtrend order block proved to be a substantial resistance, and after the price fell below all Moving Averages, it declined rapidly. Currently, the $180 support level remains intact. However, Solana needs to regain the $220 level and remain above all MAs for a more robust upward push.

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The post Is Solana Price Consolidating Before a Breakout: New ATH Coming Soon? appeared first on 99Bitcoins.