{"id":587775,"date":"2024-10-15T21:47:15","date_gmt":"2024-10-15T21:47:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=587775"},"modified":"2024-10-15T21:50:47","modified_gmt":"2024-10-15T21:50:47","slug":"solana-price-prediction-for-today-october-15-sol-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-for-today-october-15-sol-technical-analysis","title":{"rendered":"Solana Price Prediction for Today, October 15 \u2013 SOL Technical Analysis"},"content":{"rendered":"<p>The Solana price prediction shows that SOL could renew the bullish trend after testing the support level of $150.35 today.<\/p>\n<h2>Solana Prediction Statistics Data:<\/h2>\n<ul>\n<li>Solana price now &ndash; $154.63<\/li>\n<li>Solana market cap &ndash; $72.18 billion<\/li>\n<li>Solana circulating supply &ndash; 469.75 million<\/li>\n<li>Solana total supply &ndash; 586.57 million<\/li>\n<li>Solana Coinmarketcap ranking &ndash; #5<\/li>\n<\/ul>\n<p>Early investment in <a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-drops-2-despite-firedancer-launch-as-this-unique-meme-coin-ico-rockets-past-1-5-million\">Solana (SOL) has proven incredibly rewarding, with its price surging by 30,634.55% from its all-time low of $0.5052 in May 2020<\/a>. Although it&rsquo;s currently down 40.3% from its all-time high of $260.06 in November 2021, the token&rsquo;s recent 24-hour performance, ranging from $150.91 to $158.72, still showcases significant growth potential. This highlights the advantages of getting involved early in a crypto project.<\/p>\n<h2>SOL\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $180, $190, $200<\/p>\n<p>Support levels: $130, $120, $110<\/p>\n<figure id=\"attachment_587779\" aria-describedby=\"caption-attachment-587779\" style=\"width: 1437px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-587779 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLUSD_11102024.png\" alt=\"Solana Price Prediction for Today, October 15 &ndash; SOL Technical Analysis\" width=\"1437\" height=\"738\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLUSD_11102024.png 1437w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLUSD_11102024-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLUSD_11102024-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLUSD_11102024-768x394.png 768w\" sizes=\"(max-width: 1437px) 100vw, 1437px\"><figcaption id=\"caption-attachment-587779\" class=\"wp-caption-text\">SOLUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p>According to the daily chart, <a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\">Solana (SOL) shows a promising technical structure that is setting the stage for potential future price movements. Recently, the price formed a double-bottom pattern, a classic bullish reversal indicator<\/a>, suggesting that the market may be poised for an upward breakout. A significant breakout occurred two days ago, continuing through the weekend. Solana has since approached a critical resistance zone between $157 and $159, with a daily high at $161, a region where heavy trading volume has historically taken place. However, successfully clearing this resistance could unlock the next leg of the uptrend.<\/p>\n<h2>Solana Price Prediction: What Could Be the Next Direction for Solana Price?<\/h2>\n<p>The daily chart shows that Solana has been consolidating between $122 and $164 for an extended period. While some may view this as a sign of indecision, it is often a bullish signal when an asset consolidates after an uptrend. This sideways price movement allows the market to digest previous gains, building momentum for a potential breakout. Historically, breaking through the $164 &ndash; $166 resistance zone could lead to sharp rallies, with previous breakouts pushing the price toward the resistance level of $180, $190, and $200, respectively. A similar move could occur if this resistance is cleared again.<\/p>\n<p><iframe title=\"HUGE BREAKOUT INCOMING?&#128293; | SOLANA (SOL) PRICE PREDICTION &amp; NEWS 2024!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/tJo7X59tYuk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Meanwhile, traders can see that the daily movement remains in the hands of the bearish but the 9-day moving average is likely to cross above the 21-day moving average, suggesting a breakout above the channel. Therefore, a break into the positive side may most likely push the coin above the upper boundary of the channel, while a drop toward the lower boundary of the channel may lead to the supports of $130, $120, and $110 respectively.<\/p>\n<h2>SOL\/BTC May Break to the North<\/h2>\n<p>When comparing <a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-soars-7-in-a-week-as-this-2-0-pepe-tops-14-million\">Solana to Bitcoin (SOL\/BTC) on the daily chart, early signs of bullish divergence are starting to appear<\/a>. Although Solana has yet to outperform Bitcoin in a significant way, the price action suggests that Solana could begin to gain strength relative to Bitcoin. The daily chart indicates that Solana&rsquo;s performance against Bitcoin is stabilizing, and any additional momentum could lead to a breakout in the SOL\/BTC pair.<\/p>\n<figure id=\"attachment_587778\" aria-describedby=\"caption-attachment-587778\" style=\"width: 1437px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-587778 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLBTC_11102024.png\" alt=\"Solana Price Prediction for Today, October 15 &ndash; SOL Technical Analysis\" width=\"1437\" height=\"738\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLBTC_11102024.png 1437w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLBTC_11102024-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLBTC_11102024-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/SOLBTC_11102024-768x394.png 768w\" sizes=\"(max-width: 1437px) 100vw, 1437px\"><figcaption id=\"caption-attachment-587778\" class=\"wp-caption-text\">SOLBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Meanwhile, should the sellers return heavily to the market, the Solana price may drop to the support of 2110 SAT and below. Now, the technical indicator 9-day moving average as the market could face upward movement in the next positive direction while the resistance level could be located at 2550 and above.<\/p>\n<p>However, @0xShinichi shared with his followers on X (formerly Twitter) that $SOL has been consolidating within a range for nearly six months, much like Bitcoin. Meanwhile, meme coins have been experiencing significant surges. He encouraged followers to imagine the potential when $SOL finally breaks out of its current range.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a> has been ranging for almost 6 months similar to Bitcoin yet the meme coins pump like crazy. <\/p>\n<p>Imagine&hellip;just imagine when it breaks out of this range &#129488; <a href=\"https:\/\/t.co\/R6ggzgjfZS\">pic.twitter.com\/R6ggzgjfZS<\/a><\/p>\n<p>&mdash; Shinichi (@0xShinichi) <a href=\"https:\/\/twitter.com\/0xShinichi\/status\/1846014428560674941?ref_src=twsrc%5Etfw\">October 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Alternatives to Solana<\/h2>\n<p>In the short term, for Solana (SOL), the likelihood of an immediate breakout remains uncertain. While the daily chart reflects a modest increase in trading volume, the current momentum is not yet strong enough to confidently push through the $164-$166 resistance. Solana may continue to consolidate for a bit longer before a significant breakout occurs. Nevertheless, <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">the cryptocurrency market is experiencing a bullish phase, with strong momentum across various assets. Meme coins, in particular, are gaining traction, and Pepe Unchained is emerging as a potential standout in this space<\/a>. The token has already raised over $19.7 million in presale activity, signaling high interest from investors.<\/p>\n<p><strong>Pepe Unchained Could Be Next To Soar<\/strong><\/p>\n<p><iframe title=\"Pepe Unchained Could Be Next To Soar! Meme Coins Are Heating Up!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/_PZ_XsvLHiY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Investor interest in Pepe Unchained is bolstered by large transactions, including a notable $61,000 purchase by a whale investor. <a href=\"https:\/\/www.youtube.com\/watch?v=_PZ_XsvLHiY\">Daily net inflows of approximately $250,000 further indicate strong demand for the token. Whale accumulation is often seen as a bullish indicator<\/a>, as it suggests confidence from big players in the market, adding credibility to the token&rsquo;s potential for future gains.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">Visit Pepe Unchained<\/a><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-soars-7-in-a-week-as-this-2-0-pepe-tops-14-million\">Solana Price Prediction: SOL Soars 6% After Solana Seeker Unveiling As This PEPE Upgrade Surges Past $14 Million In Presale<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/book-of-meme-price-prediction-bome-soars-18-amid-meme-coin-supercycle-debate-as-pepe-unchained-barrels-towards-20m-in-presale\">Book Of Meme Price Prediction: BOME Soars 18% Amid Meme Coin Supercycle Debate As Pepe Unchained Barrels Towards $20M In Presale<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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Solana Prediction Statistics Data: Solana <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/pepe-unchained\" title=\"Pepe Unchained\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":587777,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[12214,10639,12580,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana Price Prediction for Today, October 15 \u2013 SOL Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Solana price prediction shows that SOL could renew the bullish trend after testing the support level of $150.35 today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Price Prediction for Today, October 15 \u2013 SOL Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-15T21:47:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-15T21:50:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/solana-sol-logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Solana Price Prediction for Today, October 15 \u2013 SOL Technical Analysis\",\"datePublished\":\"2024-10-15T21:47:15+00:00\",\"dateModified\":\"2024-10-15T21:50:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\"},\"wordCount\":828,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"SOL\",\"Solana\",\"SOLUSD\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\",\"name\":\"Solana Price Prediction for Today, October 15 \u2013 SOL Technical Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2024-10-15T21:47:15+00:00\",\"dateModified\":\"2024-10-15T21:50:47+00:00\",\"description\":\"The Solana price prediction shows that SOL could renew the bullish trend after testing the support level of $150.35 today.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/587775#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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