{"id":27517,"date":"2025-05-19T16:17:09","date_gmt":"2025-05-19T16:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27517"},"modified":"2025-05-19T16:17:09","modified_gmt":"2025-05-19T16:17:09","slug":"heres-what-can-trigger-a-solana-sol-bull-run","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27517","title":{"rendered":"Here\u2019s What Can Trigger a Solana (SOL) Bull Run"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li class=\"\" data-start=\"0\" data-end=\"222\">\n<p class=\"\" data-start=\"2\" data-end=\"222\">Analysts see potential for a new SOL rally in case the price reclaims certain resistance levels.<\/p>\n<\/li>\n<li class=\"\" data-start=\"224\" data-end=\"441\">\n<p class=\"\" data-start=\"226\" data-end=\"441\">One popular trader sold their \u201cspot bag\u201d and is now looking for re-entry options.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-397046\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/SOL_CB-4-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Necessary Condition<\/h2>\n<p><span data-preserver-spaces=\"true\">Solana\u2019s SOL has been in a downtrend in the past week and is far from its all-time high registered in January this year. As of this writing, it trades at around $161, representing a 45% decline from the historic peak.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, some analysts believe a renewed rally might be knocking on the door. The popular X user Ali Martinez <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1923963003923267833\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> that a breakout above the resistance level of $176-$188 could ignite a fresh bull run.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this month, he <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/interesting-ethereum-eth-and-solana-sol-price-predictions\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">disclosed <\/span><\/a><span data-preserver-spaces=\"true\">that the number of wallets holding at least 0.1 SOL has soared above 11 million in <\/span><span data-preserver-spaces=\"true\">the span of<\/span><span data-preserver-spaces=\"true\"> just two weeks.<\/span><span data-preserver-spaces=\"true\"> This development indicates growing participation in the ecosystem, while the minor threshold hints that most newcomers are likely retail investors.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Martinez isn\u2019t the only renowned analyst to give his two cents on the topic. The X user Cas Abbe reminded about SOL\u2019s crash in April, outlining that the price has climbed by over 50% since then, \u201cwhile its fundamentals are getting better.\u201d They <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cas_abbe\/status\/1924421356730433808\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">think<\/span><\/a><span data-preserver-spaces=\"true\"> the ATH registered at the start of 2025 was not the cycle top for Solana, envisioning a new peak sometime this year.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Mags chipped in, too, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/thescalpingpro\/status\/1924034726819737605\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">suggesting<\/span><\/a><span data-preserver-spaces=\"true\"> that SOL\u2019s monthly chart \u201cis forming a massive ascending triangle pattern.\u201d <\/span><span data-preserver-spaces=\"true\">That said,<\/span><span data-preserver-spaces=\"true\"> the analyst expects that a breakout beyond $267 could trigger \u201ca massive leg up\u201d to uncharted territory.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Next Buying Opportunity?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Another X user who weighed in recently is XO. Earlier this month, they shared their trading history, which included a big sell-off approximately a week ago when the price was above $180.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As it turned out, this was the trader\u2019s entire \u201cspot bag.\u201d They now explore new buying opportunities that might occur in the <\/span><span data-preserver-spaces=\"true\">next<\/span><span data-preserver-spaces=\"true\"> weeks or months.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">XO <a href=\"https:\/\/x.com\/Trader_XO\/status\/1924408878738944091\" data-wpel-link=\"external\" target=\"_blank\">described<\/a> the $140-$150 zone as an \u201cimmediate level of interest,\u201d adding that $120 \u201cisn\u2019t out of the question.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Subsequently, the trader assumed that Solana\u2019s future price dynamics may heavily <\/span><span data-preserver-spaces=\"true\">depend on what <\/span><span data-preserver-spaces=\"true\">bitcoin<\/span><span data-preserver-spaces=\"true\"> does next.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/heres-what-can-trigger-a-solana-sol-bull-run\/\" rel=\"nofollow\">Here\u2019s What Can Trigger a Solana (SOL) Bull Run<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Analysts see potential for a new SOL rally in case the price reclaims certain resistance levels. One popular trader sold their \u201cspot bag\u201d and is now looking for re-entry options. The Necessary Condition Solana\u2019s SOL has been in a downtrend in the past week and is far from its all-time high registered in January [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27517","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27517"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27517\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}