Solana Price Analysis This Week: Can SOL Hit $200 In The Short-Term?

The primary question surrounding Solana’s price analysis this week is whether it can reach $200 in the short term. SOL is currently trading at around $152.50 and is up a modest 1.5% in the past 24 hours. SOL currently faces heavy resistance at $164 and will need to push through this level to entertain any.. The post Solana Price Analysis This Week: Can SOL Hit $200 In The Short-Term? appeared first on 99Bitcoins.

Jul 10, 2025 - 01:00
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Solana Price Analysis This Week: Can SOL Hit $200 In The Short-Term?

The primary question surrounding Solana’s price analysis this week is whether it can reach $200 in the short term. SOL is currently trading at around $152.50 and is up a modest 1.5% in the past 24 hours.

SOL currently faces heavy resistance at $164 and will need to push through this level to entertain any ideas of a run toward $200 in July.

PUMP token launch, Solana ETFs, and bullish chart patterns pointing toward a breakout for SOL Solana price analysis this week points to $200

(TRADINGVIEW)

4-Hour Close Key For Solana Price Analysis This Week: Above $153 And All Bets Are Off

Despite the resistance ahead for the SOL price, it is exhibiting a decisive breakout from a symmetrical triangle; however, it first needs to close above $153 on the 4-hour timeframe to maintain its uptrend.

From there, the $164 resistance will come into play, which could prove a significant barrier. Still, with Bitcoin hovering just below all-time high levels and looking ready for a breakout at any moment, Solana could follow suit.

The current trendline for SOL has been respected since the beginning of July, resulting in tight compression that appears poised to lead to an explosive breakout.

On a higher timeframe, the 1-day chart shows a cup and handle pattern forming, which aligns nicely with the low-timeframe outlook, both signalling a move to the upside in the following days.

Solana price analysis this week is relying on a move from Bitcoin, as it continues to hover just below $109,000 and looks ready to break out above $110,000. A move of this magnitude from the leading digital asset would likely give altcoins, such as SOL, the fuel they need to gain momentum.

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