Category: Crypto News, News
Can SOL Break $218 And Rally Toward $250?
Solana price today is hovering around $210, testing the upper boundary of a rising structure after weeks of steady accumulation. The token has rallied from July’s $170 base, but the real challenge lies at $218, a level that capped multiple attempts recently.
Market focus is now on whether bulls can finally flip that barrier. With social buzz surging and open interest hitting new highs, traders are watching closely to see if Solana price action can break through and extend toward $250.
Solana Price Holds Firm As Wedge Structure Tightens
The 4H chart shows Solana trading inside a broad ascending wedge, with resistance overhead near $218 and support building around $196–$200. Key exponential moving averages (20/50/100/200) are aligned in bullish order, confirming a strong underlying trend. The RSI at 63 suggests room for further upside without being deeply overbought.
On the daily timeframe, Fibonacci retracements highlight $218 as a pivotal level (0.618 retrace from the prior swing). A close above this zone would confirm breakout momentum and likely open the door toward $2…
The post Solana (SOL) Price Prediction: Can SOL Break $218 And Rally Toward $250? appeared first on Coin Edition.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: