{"id":32814,"date":"2025-06-20T09:17:04","date_gmt":"2025-06-20T09:17:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32814"},"modified":"2025-06-20T09:17:04","modified_gmt":"2025-06-20T09:17:04","slug":"solana-gears-up-for-wild-ride-unpacking-sol-usd-price-action-in-june","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32814","title":{"rendered":"Solana Gears Up For Wild Ride: Unpacking SOL USD Price Action In June"},"content":{"rendered":"<div>\n<p>Solana was in the headlines for a long time. Though the community has been rather silent lately, the price has not increased as some expected. Is it over, or is there more bread in the token? While long-term SOL USD investors are probably not that concerned, since nothing has changed on a fundamental level, downside price action is unignorable recently, even as the Solana ETFs are still pending approval.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We can see how powerful support has been for <a href=\"https:\/\/twitter.com\/hashtag\/SOLANA?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#SOLANA<\/a> around the <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a> 141 level.<br \/>Another attempt will likely result in a bounce BUT a break could be decisive for a further downside price action.<br \/>This is actually really useful information for trade placement with well defined risk\u2026 <a href=\"https:\/\/t.co\/GgPH6ZJrif\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/GgPH6ZJrif<\/a><\/p>\n<p>\u2014 Matthew Dixon \u2013 Veteran Financial Trader (@mdtrade) <a href=\"https:\/\/twitter.com\/mdtrade\/status\/1935929246200791129?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Matthew Dixon\u2019s analysis and comments are excellent, especially for newer traders! Consider both ways the SOL USD price can go and manage risk with tight stops.<\/p>\n<h2>Zooming Out on SOL USD: Solana Price in the Long Time Frame<\/h2>\n<p>We\u2019ve got three charts to look at \u2013 brace yourself!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-250793 aligncenter\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-scaled.png\" alt=\"\" width=\"2560\" height=\"1264\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-300x148.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-1024x506.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-768x379.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-130x63.png 130w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-1536x758.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-2048x1011.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-50x25.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-308x152.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-ranges-350x173.png 350w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/cQHRy6r6\/?symbol=CRYPTO%3ASOLUSD\" target=\"_blank\" rel=\"noopener nofollow\">SOLUSD<\/a>)<\/p>\n<p>The first chart we will start our analysis on is the long-term Weekly timeframe, specifically looking at the bigger range. Solana\u2019s price reached the 2021 bull run top at the end of 2025, which is our current resistance. In other words, it is the top of the range.<\/p>\n<p>The bottom of the range might look very far down at $27. It\u2019s good to remember that SOL spent almost a full year trading under $10 in its early days.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Solana Meme Coins to Buy in 2025<\/a><\/strong><\/p>\n<h2><strong>Zooming In on Solana Price Action: Where Does SOL Go From Here?<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-250797 aligncenter\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-scaled.png\" alt=\"\" width=\"2560\" height=\"1597\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-300x187.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-1024x639.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-768x479.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-1536x958.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-2048x1278.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-50x31.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-308x192.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/SOL-1W-current-range-350x218.png 350w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/cQHRy6r6\/?symbol=CRYPTO%3ASOLUSD\" target=\"_blank\" rel=\"noopener nofollow\">SOLUSD<\/a>)<\/p>\n<p>Another quick look at the 1W timeframe, and then we\u2019ll move on. The latest run\u2019s current bottom range and support cost ~$120. However, the price exceeded the MA50 and was rejected when retested as resistance. Soon, MA100 could be reached \u2013 good to watch the reaction. Lose the $120 level, and we might drop below $100.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-250801 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-scaled.png\" alt=\"Solana had a turbulent 2024. But it is moving slowly now - what is the latest price action giving us as insights? Read along and find out! \" width=\"2560\" height=\"1600\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-300x188.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-1024x640.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-768x480.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-1536x960.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-2048x1280.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-50x31.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-308x193.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-20-at-9.21.48-350x219.png 350w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/cQHRy6r6\/?symbol=CRYPTO%3ASOLUSD\" target=\"_blank\" rel=\"noopener nofollow\">SOLUSD<\/a>)<\/p>\n<p>Zooming in on the 1D day, we can now see more details. A large untested area ranges from $32 to $50, though it can be extended to $100. We see a clear SFP, break of market structure, and retest of MA200, which was also the previous low, now acting as resistance. Quite the dynamic chart.<\/p>\n<p>For me, it looks like SOL USD is heading lower, unless MA200 is reclaimed. As Matthew said in his X post, the market can move both ways, and it\u2019s good to be ready for either of the two scenarios.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Meme Coin ICOs to Invest in 2025<\/a><\/strong><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Solana Wild Ride: Unpacking The Latest Price Action<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Late 2023 and 2024 SOL saw huge gains.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Untested price are starting beneath $100     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Price needs to reclaim MA200 on 1D for next leg higher    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/solana-gears-up-for-wild-ride-unpacking-sol-usd-price-action-in-june\/\">Solana Gears Up For Wild Ride: Unpacking SOL USD Price Action In June<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana was in the headlines for a long time. Though the community has been rather silent lately, the price has not increased as some expected. Is it over, or is there more bread in the token? While long-term SOL USD investors are probably not that concerned, since nothing has changed on a fundamental level, downside [&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-32814","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\/32814","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=32814"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32814\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}