Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout

Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout

CryptoNewsNetCryptoNewsNet2026/06/22 20:24
By:CryptoNewsNet
Back to the list

Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout

  25 m
Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout image 0

Solana is drawing mixed technical views as one analyst sees a long-term bull flag targeting $1,000, while another says $SOL still lacks a clear macro trend.

Crypto Curb argues that a breakout from the weekly flag could fuel major upside, but EliZ says $SOL first needs to reclaim the $82-$90 zone to confirm stronger momentum.

Solana Bull Flag Keeps $1,000 Target in Focus, Analyst Says

Solana may still be following a long-term bullish roadmap despite months of consolidation, according to crypto analyst Crypto Curb. The analyst argues that $SOL is repeating a pattern seen during previous market cycles, where extended sideways trading inside a downward-sloping channel was followed by a powerful breakout.

Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout image 1

$SOL/$USDT Weekly Bull Flag Pattern. Source: Crypto Curb (@CryptoCurb)

The weekly chart highlights what appears to be a large bull flag formation that developed after Solana's strong advance. According to Crypto Curb, similar structures emerged during earlier phases of $SOL's market history before major rallies resumed. The current consolidation range, which has contained price action since 2024, is shown as a continuation pattern rather than a trend reversal.

The analyst's projection suggests a breakout above the flag could eventually send Solana toward the $1,000 level and beyond. While the target remains highly speculative, the bullish thesis depends on $SOL maintaining support within the current structure and eventually breaking through the upper boundary of the channel.

For now, traders are watching whether Solana can build enough momentum to confirm a breakout. Until that happens, the bull flag remains a potential setup rather than a confirmed move, with resistance levels likely to determine whether the long-term bullish outlook stays intact.

Solana Stuck in the Middle of Its Range as Traders Await a Clear Trend

Solana remains trapped in a broad trading range with no strong directional signal on the weekly chart, according to crypto analyst EliZ. The analyst said $SOL is currently positioned near the middle of the range, making it difficult to justify a high-conviction bullish or bearish outlook.

Solana Price Prediction: Analysts Split as SOL Awaits $90 Breakout image 2

$SOL/$USDT Weekly Bull Flag. Source: Crypto Curb (@CryptoCurb)

The chart highlights a key resistance zone between roughly $82 and $90. According to EliZ, a clean reclaim of that area would turn former resistance into support and could signal the start of a more sustainable recovery phase. Until then, price action remains neutral from a macro perspective.

On the downside, the analyst is monitoring a move toward the lower end of the range near the $45-$50 area. A decline into that zone could present a more attractive opportunity for long-term accumulation, particularly if selling pressure begins to fade and buyers step back into the market.

Despite the current lack of momentum, EliZ remains constructive on Solana's long-term outlook. The analyst noted that when $SOL eventually establishes a stronger trend, it could once again become a major driver of activity across the on-chain ecosystem, with capital historically flowing into Solana-based meme coins and other higher-risk assets during periods of strength.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

After Toshiba reported news of HDD production expansion, Morgan Stanley turned more bullish rather than bearish.

Morgan Stanley’s research indicates that the market has seriously overestimated Toshiba’s expansion scale — the doubling of capacity at its Philippines plant over two years translates to an annualized growth rate of about 30%, which is similar to the overall industry supply growth rate and far lower than demand growth. More importantly, channel checks show that Seagate and Western Digital have no intention of following suit with capacity expansion, and there are no signs of loosening in industry pricing.

华尔街见闻•2026/10/06 08:42

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0637 GMT - SK Innovation is likely to benefit from higher lubricant base oil prices, LS Securities analyst K.H. Chung says. The South Korean refiner is a global leader in premium lubricant base oils, producing about 80,000 barrels of Group III base oils a day, Chung writes in a note. She expects the supply shortage of lubricant base oils to persist for more than a year. Tight supply of kerosene and diesel and wider refining margins could also continue to boost the company's earnings, she adds. LS Securities upgrades the stock to buy from hold and raises its target price to 187,000 won from 126,000 won. Shares end 2.6% higher at 158,000 won. (kwanwoo.jun@wsj.com) 0113 GMT - YTL Power International could see upside from its expanding data-center and AI infrastructure, as well as renewed power-generation opportunities, says Hong Leong IB analyst Daniel Wong in a note. Its Kulai and Sedenak West hubs offer 2.4GW of potential data-center capacity, while its AI-GPU capacity could scale to 100MW or more and support a new services business. The procurement of seven gas turbines totaling 5.25GW also positions YTL for power-generation growth and supports its expanding data-center pipeline, he reckons. Higher water tariffs and planned treatment plants at its unit Ranhill Utilities should support earnings as Johor's water demand rises, he adds. Hong Leong raises its target price to 8.08 ringgit from 7.58 ringgit and keeps a buy rating. Shares are 1.4% higher at 5.62 ringgit. (yingxian.wong@wsj.com) The price fetched by Amplitude Energy for its natural gas in 1Q should improve on the prior three months, supporting growth in revenue. That's the view of Bell Potter analyst Stuart Howe, who points to higher gas volumes in the quarter. Also, spot natural gas prices recovered to a quarterly average of A$9.77 per gigajoule, from A$8.42 per gigajoule in 4Q of FY26. Amplitude is due to report its 1Q p

Dow Jones•2026/10/06 08:20