Solana Technical Analysis Report 24 October, 2025
Solana cryptocurrency be expected to rise in the active intermediate impulse wave i to the next resistance levels 200.00 and 210.00.
- Solana reversed from support area
- Likely to rise to resistance levels 200.00 and 210.00.
Solana cryptocurrency recently reversed from the support area between the key support level 176.20 (which has been reversing the price from the begin of August, as can be viewn from the daily Solana chart below), 50% Fibonacci correction of the previous sharp upward impulse from the begin of April and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Piercing Line – strong purchase signal for Solana.
Given the strength of the aforementioned support area and the bullish sentiment viewn across the crypto markets today, Solana cryptocurrency be expected to rise in the active intermediate impulse wave i to the next resistance levels 200.00 and 210.00.
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