{"id":7468,"date":"2025-05-26T19:17:00","date_gmt":"2025-05-26T18:17:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7468"},"modified":"2025-05-26T18:30:56","modified_gmt":"2025-05-26T17:30:56","slug":"solana-sol-price-surge-this-week","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/solana-sol-price-surge-this-week\/","title":{"rendered":"Is Solana (SOL) Price Set to Skyrocket This Week?"},"content":{"rendered":"\n

Harmonic Pattern Suggests Bullish Potential<\/h2>\n\n\n\n

Solana<\/a><\/strong>, in particular, is showing promising signs of recovery. We have seen an increase of over 3%<\/strong> today and monthly gains reaching 18%<\/strong>. A detailed technical analysis reveals that SOL could still have short-term upside potential.<\/p>\n\n\n

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\"solana<\/figure>\n<\/div>\n\n\n

On the hourly chart, Solana is currently forming a bearish harmonic<\/strong> pattern known as a Cypher. This type of configuration is often used by traders to identify potential reversal zones<\/strong>, especially once the last leg, referred to as “CD,” is completed. Up to this point, prices tend to continue their upward trajectory, supported by bullish momentum.<\/p>\n\n\n\n

The pattern began to form on May 23<\/strong>. SOL reached a short-term peak at $187.52<\/strong>, marked as point X, before experiencing a significant correction. The price dropped by over 9%<\/strong>, finding support near $169<\/strong> on May 25, identified as point C.<\/p>\n\n\n

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\"sol<\/figure>\n<\/div>\n\n\n

Since this low point, Solana<\/a> has rebounded and is now forming the CD leg of the pattern. According to harmonic theory, if this pattern confirms, the price could move towards point D, around $183.60<\/strong>. This corresponds to a Fibonacci retracement of 78.6%<\/strong> from leg XC. Compared to current trading<\/a> levels near $177.50<\/strong>, this suggests a potential upside of about 3.43%<\/strong>.<\/p>\n\n\n\n

Future Outlook for Solana<\/h2>\n\n\n\n

The area around $183.60<\/strong> will be a key level to monitor. Following the principles of harmonic trading<\/a>, this zone often serves as a reversal area where sellers may re-enter the market. However, if Solana manages to surpass this threshold with strong volume and momentum, the rally could extend, targeting a full return to $187.52<\/strong> – its recent high. This increase would represent a gain of about 5.60%<\/strong> from current prices.<\/p>\n\n\n\n

Conversely, if SOL struggles to exceed the $183.60<\/strong> level, it could indicate a weakening of the bullish momentum<\/strong>. In this case, the token may experience a consolidation phase or undergo some profit-taking before attempting a new upward move.<\/p>\n\n\n\n

Either way, savvy investors will closely monitor Solana’s progress in the coming days, as current technical signals suggest interesting short-term upside potential<\/strong>.<\/p>\n\n\n\n

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Buy Solana (SOL) via Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

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