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Solana (SOL) Price Prediction for May 17


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

The Solana price today is trading around $173, recovering from a recent dip below $170 after a sharp breakout earlier this week. A textbook cup-and-handle formation played out on the 4-hour chart, triggering a rally from $145 to above $180. However, since touching a local high near $184, the asset has seen heightened Solana price volatility, with bulls struggling to reclaim control amid minor intraday pullbacks.

This price behavior signals that while the broader trend remains bullish, short-term traders are locking in profits near key resistance zones.

Solana Price: Cup-and-Handle Breakout Followed by Channel Retest

Solana price dynamics (March 2025 – May 2025) Source: TradingView.

On the 4-hour chart, SOL confirmed a bullish breakout from the cup-and-handle pattern, with the handle forming a descending channel that resolved upward. This breakout surged the Solana price above $180, but was met with supply pressure near previous daily highs. Price is now consolidating above the channel’s upper boundary, which has flipped to support around $167–$170.

Solana price dynamics (March 2025 – May 2025) Source: TradingView.

The daily chart also shows SOL retest…

The post Solana (SOL) Price Prediction for May 17 appeared first on Coin Edition.

Read the article at CoinEdition

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Solana (SOL) Price Prediction for July 5

Solana (SOL) Price Prediction for July 5

After failing to sustain above the $154 resistance level, Solana price today has pull...
Sui Gains on Rival Solana as Trading Volume Explodes by 101%

Sui Gains on Rival Solana as Trading Volume Explodes by 101%

The Layer-1 blockchain Sui (SUI) is seeing heightened market attention, with its pric...

Solana (SOL) Price Prediction for May 17


by Parshwa Turakhiya
for CoinEdition
Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

The Solana price today is trading around $173, recovering from a recent dip below $170 after a sharp breakout earlier this week. A textbook cup-and-handle formation played out on the 4-hour chart, triggering a rally from $145 to above $180. However, since touching a local high near $184, the asset has seen heightened Solana price volatility, with bulls struggling to reclaim control amid minor intraday pullbacks.

This price behavior signals that while the broader trend remains bullish, short-term traders are locking in profits near key resistance zones.

Solana Price: Cup-and-Handle Breakout Followed by Channel Retest

Solana price dynamics (March 2025 – May 2025) Source: TradingView.

On the 4-hour chart, SOL confirmed a bullish breakout from the cup-and-handle pattern, with the handle forming a descending channel that resolved upward. This breakout surged the Solana price above $180, but was met with supply pressure near previous daily highs. Price is now consolidating above the channel’s upper boundary, which has flipped to support around $167–$170.

Solana price dynamics (March 2025 – May 2025) Source: TradingView.

The daily chart also shows SOL retest…

The post Solana (SOL) Price Prediction for May 17 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana (SOL) Price Prediction for July 5

Solana (SOL) Price Prediction for July 5

After failing to sustain above the $154 resistance level, Solana price today has pull...
Sui Gains on Rival Solana as Trading Volume Explodes by 101%

Sui Gains on Rival Solana as Trading Volume Explodes by 101%

The Layer-1 blockchain Sui (SUI) is seeing heightened market attention, with its pric...