{"id":13962,"date":"2025-08-05T16:17:40","date_gmt":"2025-08-05T15:17:40","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13962"},"modified":"2025-08-05T16:17:41","modified_gmt":"2025-08-05T15:17:41","slug":"bullish-signal-on-solana-sol-heading-towards-new-all-time-highs","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bullish-signal-on-solana-sol-heading-towards-new-all-time-highs\/","title":{"rendered":"Bullish Signal on Solana (SOL) : Heading Towards New All-Time Highs ?"},"content":{"rendered":"\n

Solana Rebounds Strongly<\/h2>\n\n\n\n

The recent pullback<\/strong> in the cryptocurrency market has given way to a slight recovery<\/strong>, with Ethereum<\/a><\/strong> (ETH) regaining ground after dropping to $3,357<\/strong>. Following this momentum<\/strong>, several altcoins have also seen improvements<\/strong>, with Solana<\/a><\/strong> (SOL) leading the pack.<\/p>\n\n\n\n

SOL is currently showing a 3%<\/strong> increase, extending its monthly rally of 13%<\/strong>. Its most recent chart reveals a key harmonic pattern that could indicate a short-term uptrend<\/strong> for this cryptocurrency.<\/p>\n\n\n\n

\"SOL
Source: Coinmarketcap<\/em><\/figcaption><\/figure>\n\n\n\n

Analysis of Solana’s (SOL) Harmonic Pattern<\/h2>\n\n\n\n

On the daily chart, SOL<\/a> is forming a bearish ABCD harmonic pattern<\/strong>, a structure that, despite its name, often includes a bullish<\/strong> CD leg before reaching the final potential reversal zone (PRZ). The movement began with a rally from point A near $145.35<\/strong> to point B, followed by a retracement to point C around $155.91<\/strong>, where buyers stepped in. Since then, SOL has climbed to approximately $167.39<\/strong>, suggesting that the CD leg is currently in progress.<\/p>\n\n\n\n

If the pattern unfolds according to the traditional ABCD framework, the CD leg could extend to the 1.20<\/strong> Fibonacci projection of the BC leg, placing the PRZ around $216.56<\/strong>, approximately 28%<\/strong> higher than current prices.<\/p>\n\n\n\n

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Source: Tradingview<\/em><\/figcaption><\/figure>\n\n\n\n

Outlook for SOL<\/h2>\n\n\n\n

If the bullish momentum<\/strong> continues, SOL<\/strong> could push toward the $216.56<\/strong> zone. However, this level could act as major resistance<\/strong>, where profit-taking<\/strong> or temporary corrections are possible. On the downside, the 200-day moving average<\/strong> near $161.88<\/strong> represents crucial support<\/strong> for maintaining the bullish structure<\/strong>.<\/p>\n\n\n\n

In conclusion, the ABCD harmonic pattern observed on Solana’s (SOL)<\/strong> chart appears to indicate short-term upside potential<\/strong>. While consolidation phases<\/strong> are possible, the technical outlook for this cryptocurrency<\/strong> seems favorable in the medium term. Savvy investors<\/strong> will closely monitor the evolution of this trend<\/strong>.<\/p>\n\n\n\n

How to Buy Solana (SOL) on Bitget ?<\/h3>\n\n\n\n

Here’s a guide to capitalize on SOL’s imminent explosion :<\/p>\n\n\n\n