{"id":11310,"date":"2025-08-06T07:00:23","date_gmt":"2025-08-06T07:00:23","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-to-drop-before-the-real-move-analyst-forecasts-new-highs-in-q3\/"},"modified":"2025-08-06T07:00:23","modified_gmt":"2025-08-06T07:00:23","slug":"solana-to-drop-before-the-real-move-analyst-forecasts-new-highs-in-q3","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-to-drop-before-the-real-move-analyst-forecasts-new-highs-in-q3\/","title":{"rendered":"Solana To Drop Before The \u2018Real Move\u2019? Analyst Forecasts New Highs In Q3"},"content":{"rendered":"

As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon.<\/p>\n

Solana Nears Crucial Level<\/h2>\n

On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile\u2019s global shipments of the Seeker, its second-generation Web3 smartphone, to over 50 countries.<\/p>\n

The news propelled the altcoin to a multi-day high of $171, fueling bullish sentiment among investors before its price retraced to the mid-zone of its local range. Notably, SOL has been hovering between the $140-$180 range since the April-May breakout, attempting to reclaim the local high for the past three months.<\/p>\n

During the June correction, SOL momentarily lost its local range lows, retesting the $120-$130 zone as support. However, the cryptocurrency reclaimed its range amid the July rally, briefly breaking out of the upper boundary and hitting a five-month high of $206 two weeks ago.<\/p>\n

Since then, Solana has seen a 25% correction from the highs to the mid-zone of its local price range, currently trading between the $160-$164 levels. Amid its recent performance, analyst Ali Martinez highlighted SOL\u2019s most crucial levels, based on the UTXO Realized Price Distribution (URPD) indicator.<\/p>\n

\"Solana\"<\/p>\n

According to the chart, the key support area for the altcoin is around the $165 mark, where the largest supply cluster is with 44.4 million SOL, or 7.42% of the supply. As a result, Solana must reclaim the $165 level soon, or it will risk turning this key level into a key resistance, leading to further downside.<\/p>\n

Nonetheless, if this level is reclaimed, then the altcoin would have to retest the crucial resistance levels around $177 and $189, where investors have also accumulated 27.6 million and 23.6 million SOL, respectively.<\/p>\n

SOL Preparing For The \u2018Real\u2019 Run?<\/h2>\n

Analyst Crypto Jelle highlighted<\/a> Solana\u2019s recent price action, asserting that SOL is \u201cquietly trending higher\u201d with higher lows and turning resistance levels as support.<\/p>\n

The market watcher forecasted that Solana would reach a new all-time high this quarter, as he doubts \u201cthe train stops anytime soon\u201d once it finally breaks out of the $200 resistance.<\/p>\n

Meanwhile, Crypto Batman suggested<\/a> that the altcoin will see another correction soon. To the analyst, Solana could have a 10% drop to its four-month ascending support line, which sits around the $150 level, before \u201cthe real move.\u201d<\/p>\n

Per the chart, the cryptocurrency has bounced from this support line twice, in April and June, before rallying to local highs during the May and July price breakouts.<\/p>\n

Similarly, analyst Ted Pillows asserted<\/a> that SOL could see a significant rally this year despite the recent underperformance, as network activity remains strong. He predicted a 10%-15% correction, affirming that \u201ca dip towards $140-$150 before reversal is highly likely to happen.\u201d<\/p>\n

As of this writing, Solana is trading at $$163, a 3.3% decline in the daily timeframe.<\/p>\n

\"Solana,<\/p>\n","protected":false},"excerpt":{"rendered":"

As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Solana Nears Crucial Level On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile\u2019s global shipments of…<\/p>\n","protected":false},"author":1,"featured_media":11311,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[25,718,734,252,17,169,3755,4040,3674,376,170,184],"class_list":["post-11310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sol","tag-sol-analysis","tag-sol-ath","tag-sol-breakout","tag-sol-price","tag-solana","tag-solusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/11310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=11310"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/11310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/11311"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=11310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=11310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=11310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}