Solana Price Moves: Is $SOL About to Break the Internet or Just Your Hopes?

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Welcome to Solana’s epic journey, where the price is strutting up the charts faster than your last doomed Tinder date. Forget cruise mode-it’s more of a chaotic taxi ride through downtown at rush hour, barreling towards the legendary $295 all-time high with only two speed bumps left to bounce over. Seriously, will $SOL finally get its glow-up, or will it flop like my attempt at cooking quinoa? Also, how’s it faring against its moody siblings, $ETH and $BTC? Let’s be nosy.

$SOL hits first of the big obstacles (somebody bring snacks)

So, according to the daily chart (which is basically a mood ring for crypto nerds), $SOL’s been crawling up a wedge pattern since April. April feels like a decade ago, but for $SOL, it’s only just managed to escape the embarrassing $100 local bottom. Now we’re parked at the $219 resistance-imagine staring at a locked bathroom door after a questionable street taco. The top of the wedge is basically looming like a parent at a wild house party. If $SOL gets shown the door here, there’s some cushy support at $202 to break the fall. In other words, a classic “cry, reset, and pretend you’re fine” moment for momentum indicators.

$252 major resistance: The second boss level

Pull up the weekly chart-aha, more drama! The 50-week SMA (fancy blue line, basically the cryptoverse’s security blanket) was $SOL’s BFF from October 2023, back when people were still pretending to know what an NFT was. Then, $SOL faceplanted right through that support, dusted itself off, and now is back above it, full “survivor of reality TV” style. But the real show-stopper is the $252 resistance. Three rallies have been sent packing here, so the Bulls are clutching their lucky socks for round four. Odds of breaking through? About the same as me remembering anyone’s birthday. 🥲

$SOL now turning the tables on $ETH (awkward family dinner)

For the SOL/ETH pair: things are getting spicy. After a poetic rendezvous with the 0.618 Fibonacci (ask anyone at a party, sounds intelligent), $SOL is seizing control and refusing to hand over the aux cord. The descending wedge broke up-finally, some positive momentum! Momentum indicators are so cheering right now, it’s almost suspicious. Maybe, just maybe, $SOL will reclaim that bottom channel trendline and remind $ETH who’s the boss. Or not. Who knows? I don’t even know where my wallet is.

SOL/BTC: Approaching the trendline showdown 🎩🤺

Turning to the SOL/BTC pair, it’s giving soap opera vibes. The Bulls are working overtime to wrest control, clawing their way up from the formidable 0.0019 BTC resistance. Things are tense-flip that resistance into support, and maybe $SOL will finally get a seat at the cool kids’ table. The “W pattern” is playing out-so dramatic, so predictable, you could set your watch by it. But the approaching descending trendline is the Big Bad here. If $SOL can bust through, the next juicy target is 0.00294 BTC and maybe a new higher high. Or maybe more existential dread. Stay tuned for next week’s episode. 😬🚀

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2025-09-09 14:20