{"id":644219,"date":"2025-04-16T03:57:58","date_gmt":"2025-04-16T03:57:58","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=644219"},"modified":"2025-04-16T04:02:18","modified_gmt":"2025-04-16T04:02:18","slug":"solana-price-prediction-sol-surges-21-in-a-week-but-experts-say-this-layer-2-presale-token-could-print-100x-gains-for-investors","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/solana-price-prediction-sol-surges-21-in-a-week-but-experts-say-this-layer-2-presale-token-could-print-100x-gains-for-investors","title":{"rendered":"Solana Price Prediction: SOL Surges 21% In A Week, But Experts Say This Layer-2 Presale Token Could Print 100X Gains For Investors"},"content":{"rendered":"

The Solana price is up over 21% on the weekly time frame after a 1% drop in the last 24 to trade at $126.58 as of 9:39 p.m. EST as investors accumulate the crypto.<\/span><\/p>\n

Despite the climb in the last week, the SOL price is still down 8% on the longer-term yearly time frame.<\/span><\/p>\n

Solana Price Gets Rejected By Resistance<\/span><\/h2>\n

\"SOL<\/p>\n

4-hour chart for SOL\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The <\/span>Solana<\/span><\/a> price was rejected by the $133.27 resistance in the last 24 hours, <\/span>data<\/span><\/a> from GeckoTerminal shows. <\/span><\/p>\n

Now, the altcoin could be at risk of testing the closest support level at $118.91 soon. A drop below this technical safety net might result in SOL falling all the way down to $107.04 if the sell pressure persists.<\/span><\/p>\n

However, traders identifying the current Solana price as a buy opportunity might invalidate the bearish thesis. In this alternative scenario, bulls might try to breach the $133.27 resistance again. If successful, buyers could then push SOL up to as high as $145.75.<\/span><\/p>\n

Technicals Warn The Solana Price Might Drop Some More<\/span><\/h2>\n

From a technical standpoint, indicators on SOL’s 4-hour chart warn the <\/span>Solana<\/span><\/a> price might drop some more in the coming few hours, with both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) showing early bearish signs.<\/span><\/p>\n

In the last few hours, the MACD line has started to break away below the MACD Signal line. Not only is the current alignment of the two lines bearish, with the MACD below the Signal line, the growing gap between them also suggests growing bearish momentum.<\/span><\/p>\n

Sellers also seem to have a slight upper hand against buyers, as suggested by the RSI that recently dropped below the neutral 50 mark. This was after the indicator’s readings fell from around 75 to the high 40s in the last 24 hours, indicating diminishing buyer strength over this period.<\/span><\/p>\n

While sellers seemingly start to take control of the Solana price, investors are piling into the presale for <\/span>Solaxy (SOLX)<\/span><\/a>, which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 100X after its launch.<\/span><\/p>\n