Will Solana (SOL) break through and finally reach $200 this weekend? Investors are eagerly watching as Solana navigates a crucial juncture. Solana Weekend Prediction: Can SOL Inch Closer to $200?
Recent market activity has been a rollercoaster. Hace 3 horas Solana (SOL) continued to fall in early weekend trading, down to $154.7% for the week. This follows broader market volatility after a U.S. appeals Court reinstated However, optimism remains. Solana (SOL) jumped 10.02% to $160.32 on May 8, reaching its highest level since March 3, indicating a potential for upward movement. MEXC COO Tracy Jin predicts SOL could reach $180-$200 if current levels are maintained.
Is $200 Within Reach?
The technical indicators offer a mixed perspective. Solana is trading at $178.73, within striking distance of the $185–$200 resistance zone that blocked gains in March. RSI at 65.45 suggests buyers are in control but Solana ($SOL) is approaching an important moment, with bullish catalysts like ETF speculation and key trendline tests fueling a potential surge toward $180–$200. Solana Price prediction suggests a break a key $175 resistance, confirming a bullish breakout to $200. Trading volume surged as Solana cleared the $175 zone, signaling strong buying pressure.
Some analysts believe a significant price surge is imminent. Solana (SOL) is charting a new price course for itself, defeating heavyweights like Ethereum in the process. When will it peak to $200? Thus, in the short term, Solana’s price will likely resist this sentiment and push closer to $200. On the daily chart, SOL has risen above the upper trendline of , further supporting a bullish outlook.
Key Levels to Watch:
- Resistance: $185 - $200 zone
- Support: $175 (previous resistance turned support)
Ultimately, whether Solana reaches $200 this weekend depends on sustained buying pressure and overall market sentiment. Keep a close eye on trading volume and key resistance levels. Stay tuned for updates!