{"id":4871,"date":"2025-05-20T18:13:12","date_gmt":"2025-05-20T18:13:12","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/solana-rejected-from-key-inflection-point-but-multi-year-trend-suggests-new-highs\/"},"modified":"2025-05-20T18:13:12","modified_gmt":"2025-05-20T18:13:12","slug":"solana-rejected-from-key-inflection-point-but-multi-year-trend-suggests-new-highs","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/solana-rejected-from-key-inflection-point-but-multi-year-trend-suggests-new-highs\/","title":{"rendered":"Solana Rejected From Key \u2018Inflection Point\u2019, But Multi-Year Trend Suggests New Highs"},"content":{"rendered":"

Solana (SOL) has reclaimed crucial levels amid its price rally, recording its highest range in months. However, as the market\u2019s recovery takes a pause, the cryptocurrency has hit a key level that could propel or delay its surge to new highs.<\/p>\n

Solana Rally Faces Key Barrier<\/h2>\n

Solana\u2019s price has significantly surged over the past several weeks, recovering from April\u2019s pullback and breaking out of its downtrend. After its January all-time high (ATH), SOL retraced up to 63%, hitting a 14-month low of $95 last month.<\/p>\n

However, Solana climbed above some crucial ranges during the late April market recovery, reclaiming the $140 resistance as support for the first time in two months. Since then, the cryptocurrency rallied nearly 30% to the $180 mark, recording a three-month high of $183 last week before retracing to the $170 support.<\/p>\n

Crypto Trader Mercury noted<\/a> that Solana reached a \u201cvery HTF infection point,\u201d which could send the cryptocurrency\u2019s price to new ATHs again if reclaimed. However, the market slowdown has stalled SOL\u2019s rally, with its price falling to the $165-$170 range over the weekend.<\/p>\n

After its recent performance, the trader added that SOL was rejected from the key inflection point \u201cjust enough to allow for a retest of the same trend that got us here in the first place.\u201d<\/p>\n

Based on this, he considers that reclaiming the $180 mark and eventual breakout to news ATHs is on the horizon, \u201cas long as that 4H 200MAs trend holds.\u201d<\/p>\n

Meanwhile, analyst Cas Abb\u00e9 pointed out that Solana\u2019s multi-year trend remains intact despite the recent pullbacks. As he explained, the cryptocurrency is over 50% up from its multi-year ascending trendline retest, seemingly marking the bottom for Solana.<\/p>\n

\"Solana\"<\/p>\n

The analyst considers that SOL January ATH could not be the top, and another record-breaking rally could come this year. Similarly, trader Coinvo highlighted<\/a> the ascending trendline, \u201cIf SOL continues to hold this trendline, it\u2019s going much higher!\u201d<\/p>\n

SOL eyes $200 Breakout<\/h2>\n

Over the weekend, analyst Rekt Capital asserted<\/a> that Solana has broken into its Post-Halving Re-Accumulation Range on the monthly timeframe, successfully retesting the $120-$135 range as support over the past couple of months.<\/p>\n

This key higher timeframe retest propelled the cryptocurrency to revisit the $165-$175 range\u2019s high. However, he explained that Solana must break above the upper boundary to confirm a breakout and continue ascending, which it failed to do during last week\u2019s close.<\/p>\n

SOL also must break and retest the upper boundary as a new support with a Weekly Close above this mark to exit the key range. Additionally, the analyst pointed out that previous performance suggests a price breakout could happen.<\/p>\n

According to its Q4 2024 price action, if Solana builds a base around the Range high\u2019s resistance, there\u2019s a high chance for the price to rally. The analyst added that a successful breakout from this zone could send SOL\u2019s price to the $200-$210 mark.<\/p>\n

\u201cSOL simply needs stability here at the Range High resistance, as that would telegraph that this is an area that is becoming support,\u201d Rekt capital concluded.<\/p>\n

As of this writing, Solana trades at $165, a 3.1% decline in the daily timeframe.<\/p>\n

\"Solana,<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana (SOL) has reclaimed crucial levels amid its price rally, recording its highest range in months. However, as the market\u2019s recovery takes a pause, the cryptocurrency has hit a key level that could propel or delay its surge to new highs. Solana Rally Faces Key Barrier Solana\u2019s price has significantly surged over the past several…<\/p>\n","protected":false},"author":1,"featured_media":4872,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[42,713,725,468,281,33,200,82,297,207,210,214],"class_list":["post-4871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sol","tag-solana","tag-solana-analysis","tag-solana-breakout","tag-solana-price","tag-solusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4871"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4872"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}