{"id":663665,"date":"2024-12-17T22:30:55","date_gmt":"2024-12-17T22:30:55","guid":{"rendered":"https:\/\/uniquehot.com\/?p=663665"},"modified":"2024-12-17T11:01:25","modified_gmt":"2024-12-17T11:01:25","slug":"solana-monthly-chart-looks-ready-for-a-monster-run-details","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/solana\/solana-monthly-chart-looks-ready-for-a-monster-run-details\/","title":{"rendered":"Solana Monthly Chart \u2018Looks Ready For A Monster Run\u2019 \u2013 Details"},"content":{"rendered":"

Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming weeks.<\/span><\/p>\n

Related Reading: Ethereum Forming A Symmetrical Pattern \u2013 Key Resistance At $4,100<\/a><\/div>\n

Renowned analyst Jelle recently shared a technical analysis highlighting Solana\u2019s strong potential. According to Jelle, the monthly chart for SOL is primed for an “absolute monster run,” indicating that the current consolidation phase may be laying the groundwork for a powerful breakout. This view aligns with the broader sentiment that Solana\u2019s resilience above $210 could act as a springboard for the next phase of its rally.<\/span><\/p>\n

As one of the leading altcoins in the crypto market, Solana has attracted attention<\/a> for its robust performance and potential to lead the next leg of the bull market. With the price now consolidating after a sharp pullback, all eyes are on SOL\u2019s ability to maintain its critical support and reclaim momentum. Whether Solana can deliver on its bullish promise will be a key focus for traders and investors alike in the coming weeks.<\/span><\/p>\n

Solana Holds Key Demand\u00a0<\/span><\/h2>\n

Solana is currently trading above a critical level for this cycle\u2014the $210 mark. This price point, which previously acted as a significant resistance, has now flipped into a vital support level, setting the stage for Solana’s next potential rally. The importance of this level cannot be overstated, as it represents a key area where buyers are stepping in to defend SOL\u2019s bullish momentum.<\/span><\/p>\n

Renowned analyst Jelle recently shared a compelling technical analysis on X<\/a>, emphasizing Solana\u2019s strong outlook. According to Jelle, Solana\u2019s monthly chart is primed for what he described as an “absolute monster run.” His analysis highlights how SOL\u2019s price is now testing its 2021 all-time high (ATH) as support, a critical juncture that could determine its trajectory in the weeks to come.<\/span><\/p>\n

\"Solana
Solana testing 2021 ATH as Support | Source: Jelle on X<\/a><\/figcaption><\/figure>\n

Jelle’s simple yet powerful chart indicates that if Solana manages to push decisively above the $210 level, it will confirm the strength of this support and potentially trigger a massive bull run. This rally could result in impressive gains for SOL, positioning it as a standout performer in the crypto market.<\/span><\/p>\n

Related Reading: Bitcoin Breaks ATH Pushing Back Into Price Discovery \u2013 BTC To $130K?<\/a><\/div>\n

For now, all eyes are on Solana’s ability to sustain its momentum and break higher. As it consolidates above this essential level, traders and investors are closely monitoring its next moves, anticipating the possibility of a historic price surge.<\/span><\/p>\n

Price Action Suggests A Big Move Soon<\/span><\/h2>\n

Solana is trading at $221, maintaining its strength above the critical $210 support level. This resilience has bolstered confidence among investors, as SOL\u2019s price action aligns bullishly across all time frames. Solana is gearing up for a major rally, but it must first overcome the $245 resistance level to confirm the uptrend.<\/span><\/p>\n

\"SOL
SOL testing crucial demand above $210 | Source: SOLUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n

Market dynamics indicate that SOL is in a prime position for upward momentum. Unlike other assets that may show signs of hesitation or potential consolidation, Solana exhibits a well-defined price structure that strongly favors a breakout. The lack of bearish signals further solidifies this outlook, as there is little indication of an imminent correction or prolonged sideways trading.<\/span><\/p>\n

Related Reading: ONDO Exchange Inflows Grow \u2013 Volatility Ahead?<\/a><\/div>\n

If SOL successfully breaches the $245 resistance with strength, it could trigger a wave of buying pressure, propelling the price to new heights. This setup has many traders eyeing the next potential levels for Solana, with the broader market sentiment favoring continued gains.<\/span><\/p>\n

Featured image from Dall-E, chart from TradingView<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming weeks. Related Reading: Ethereum Forming A Symmetrical Pattern \u2013 Key Resistance At $4,100 Renowned analyst Jelle recently shared a technical analysis highlighting Solana\u2019s strong potential. According to Jelle, the monthly chart for SOL is primed for an “absolute monster run,” indicating that the current consolidation phase may be laying the groundwork for a powerful breakout. This view aligns with the broader sentiment that Solana\u2019s resilience above $210 could act as a springboard for the next phase of its rally. As one of the leading altcoins in the crypto market, Solana has attracted attention for its robust performance and potential to lead the next leg of the bull market. With the price now consolidating after a sharp pullback, all eyes are on SOL\u2019s ability to maintain its critical support and reclaim momentum. Whether Solana can deliver on its bullish promise will be a key focus for traders and investors alike in the coming weeks. Solana Holds Key Demand\u00a0 Solana is currently trading above a critical level for this cycle\u2014the $210 mark. This price point, which previously acted as a significant resistance, has now flipped into a vital support level, setting the stage for Solana’s next potential rally. The importance of this level cannot be overstated, as it represents a key area where buyers are stepping in to defend SOL\u2019s bullish momentum. Renowned analyst Jelle recently shared a compelling technical analysis on X, emphasizing Solana\u2019s strong outlook. According to Jelle, Solana\u2019s monthly chart is primed for what he described as an “absolute monster run.” His analysis highlights how SOL\u2019s price is now testing its 2021 all-time high (ATH) as support, a critical juncture that could determine its trajectory in the weeks to come. Jelle’s simple yet powerful chart indicates that if Solana manages to push decisively above the $210 level, it will confirm the strength of this support and potentially trigger a massive bull run. This rally could result in impressive gains for SOL, positioning it as a standout performer in the crypto market. Related Reading: Bitcoin Breaks ATH Pushing Back Into Price Discovery \u2013 BTC To $130K? For now, all eyes are on Solana’s ability to sustain its momentum and break higher. As it consolidates above this essential level, traders and investors are closely monitoring its next moves, anticipating the possibility of a historic price surge. Price Action Suggests A Big Move Soon Solana is trading at $221, maintaining its strength above the critical $210 support level. This resilience has bolstered confidence among investors, as SOL\u2019s price action aligns bullishly across all time frames. Solana is gearing up for a major rally, but it must first overcome the $245 resistance level to confirm the uptrend. Market dynamics indicate that SOL is in a prime position for upward momentum. Unlike other assets that may show signs of hesitation or potential consolidation, Solana exhibits a well-defined price structure that strongly favors a breakout. The lack of bearish signals further solidifies this outlook, as there is little indication of an imminent correction or prolonged sideways trading. Related Reading: ONDO Exchange Inflows Grow \u2013 Volatility Ahead? If SOL successfully breaches the $245 resistance with strength, it could trigger a wave of buying pressure, propelling the price to new heights. This setup has many traders eyeing the next potential levels for Solana, with the broader market sentiment favoring continued gains. Featured image from Dall-E, chart from TradingView<\/p>\n","protected":false},"author":617,"featured_media":663717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[12837,83626,93112,92708,89405,85361,93323,92581,83627],"class_list":["post-663665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-sol","tag-solana","tag-solana-ath","tag-solana-bullish","tag-solana-news","tag-solana-price","tag-solana-price-prediction-2025","tag-solana-technical-analysis","tag-solusdt"],"acf":[],"yoast_head":"\nSolana Monthly Chart \u2018Looks Ready For A Monster Run\u2019 \u2013 Details<\/title>\n<meta name=\"description\" content=\"Solana Holds Key Support, Breakout Imminent: Analyst Predicts Monster Run Once SOL Breaks $245 Supply Level.\" \/>\n<meta name=\"robots\" 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His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian's goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.","sameAs":["https:\/\/x.com\/thesebasv"],"url":"https:\/\/uniquehot.com\/author\/sebastianvr\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Monthly Chart \u2018Looks Ready For A Monster Run\u2019 \u2013 Details","url":"http:\/\/uniquehot.com\/news\/solana\/solana-monthly-chart-looks-ready-for-a-monster-run-details\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/solana\/solana-monthly-chart-looks-ready-for-a-monster-run-details\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/Untitled-design-34.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/Untitled-design-34.jpg?fit=1792%2C1024"},"articleSection":"Solana","author":[{"@type":"Person","name":"Sebastian Villafuerte"}],"creator":["Sebastian Villafuerte"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["sol","solana","solana ath","solana bullish","solana news","solana price","solana price prediction 2025","solana technical analysis","solusdt"],"dateCreated":"2024-12-17T22:30:55Z","datePublished":"2024-12-17T22:30:55Z","dateModified":"2024-12-17T22:30:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Monthly Chart \\u2018Looks Ready For A Monster Run\\u2019 \\u2013 Details\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-monthly-chart-looks-ready-for-a-monster-run-details\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-monthly-chart-looks-ready-for-a-monster-run-details\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Untitled-design-34.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Untitled-design-34.jpg?fit=1792%2C1024\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Sebastian Villafuerte\"}],\"creator\":[\"Sebastian Villafuerte\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"sol\",\"solana\",\"solana ath\",\"solana bullish\",\"solana news\",\"solana price\",\"solana price prediction 2025\",\"solana technical analysis\",\"solusdt\"],\"dateCreated\":\"2024-12-17T22:30:55Z\",\"datePublished\":\"2024-12-17T22:30:55Z\",\"dateModified\":\"2024-12-17T22:30:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/Untitled-design-34.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/663665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/617"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=663665"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/663665\/revisions"}],"predecessor-version":[{"id":663793,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/663665\/revisions\/663793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/663717"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=663665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=663665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=663665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}