{"id":43615,"date":"2025-08-22T16:01:53","date_gmt":"2025-08-22T16:01:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43615"},"modified":"2025-08-22T16:01:53","modified_gmt":"2025-08-22T16:01:53","slug":"analyst-calls-sol-a-buy-before-potential-360-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43615","title":{"rendered":"Analyst Calls SOL a Buy Before Potential $360 Rally"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Solana trades at $181, holding above $176 support, with resistance marked at $205.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Elliottwave analysis shows a double correction with support near $164\u2013$157 and invalidation at $195.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">EU considers Solana or Ethereum for digital euro launch, raising accessibility and privacy questions.<\/span><\/li>\n<\/ul>\n<h2><b>Solana Price and Analyst Outlook<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Solana (SOL) was priced at $181 at press time, with a daily trading volume of $4.55 billion. The token has fallen 1% in the last 24 hours and is down 8% over the past week. Despite this decline, analyst Ali Martinez stated,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cNot a bad spot to start loading Solana $SOL before a breakout to $360.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Ali\u2019s chart shows Solana trading in an <\/span><a href=\"https:\/\/cryptopotato.com\/solana-price-setup-hints-at-breakout-rally-toward-268\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">ascending structure<\/span><\/a><span style=\"font-weight: 400;\"> supported by higher lows since March. The token remains above the $176 support zone and faces resistance at $205. Fibonacci extension levels mark reference points at $250, $278, $320, and $362. Solana continues to move between its rising trendline and the resistance area.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Not a bad spot to start loading Solana <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$SOL<\/a> before a breakout to $360. <a href=\"https:\/\/t.co\/N42zXpMzbT\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/N42zXpMzbT<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1958505112319512790?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Corrective Structure and Technical Readings<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Elliottwave Forecast <\/span><a href=\"https:\/\/x.com\/ElliottForecast\/status\/1958783090127503411\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">outlined<\/span><\/a><span style=\"font-weight: 400;\"> a corrective pattern for Solana. The chart places SOL at $167 within a double correction (W\u2013X\u2013Y) formation. Support is projected between $164 and $157, while an invalidation level is noted at $195. The update added, <\/span><i><span style=\"font-weight: 400;\">\u201cWe Do Not Recommend Selling,\u201d<\/span><\/i><span style=\"font-weight: 400;\"> focusing on the corrective setup.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Based on indicators, the 9-day moving average stands at $185, whereas the 21-day moving average is at $179. The price of Solana is between the two averages, which means that the confidence over the short term is ongoing, but there is no particular direction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is at 50, which indicates a neutral stance of the market. In July, the RSI rose to above 70, indicating a busy buying period then.<\/span><\/p>\n<figure id=\"attachment_409706\" aria-describedby=\"caption-attachment-409706\" style=\"width: 2390px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-409706\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34.png\" alt=\"SOL price chart\" width=\"2390\" height=\"1120\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34.png 2390w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-300x141.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-1024x480.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-768x360.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-1536x720.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-2048x960.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-22_14-55-34-50x23.png 50w\" sizes=\"auto, (max-width: 2390px) 100vw, 2390px\"><\/a><figcaption id=\"caption-attachment-409706\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<h2><b>Spot Market Activity<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">CryptoQuant data shows <\/span><a href=\"https:\/\/cryptopotato.com\/solanas-200-comeback-is-no-mere-speculative-pop-heres-why\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Solana\u2019s<\/span><\/a><span style=\"font-weight: 400;\"> Spot Taker Cumulative Volume Delta (CVD). From November 2024 to February 2025, buying was dominant, supporting higher prices. Between March and May 2025, selling activity was stronger, and prices moved lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In June and July 2025, the CVD was mostly neutral, with a short buying phase. By August 2025, the data shows stronger selling pressure while Solana trades near $180.<\/span><\/p>\n<figure id=\"attachment_409707\" aria-describedby=\"caption-attachment-409707\" style=\"width: 4000px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-409707\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day.png\" alt=\"Solana Spot Taker CVD(Cumulative Volume Delta, 90-day)\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day.png 4000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-300x169.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-1024x576.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-768x432.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-1536x864.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-2048x1152.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Solana-Spot-Taker-CVDCumulative-Volume-Delta-90-day-50x28.png 50w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\"><\/a><figcaption id=\"caption-attachment-409707\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<h2><b>Broader Market Development<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The European Union is assessing whether to launch the digital euro project on Ethereum or Solana instead of a private chain. A rollout on a public blockchain could improve accessibility, though concerns remain over privacy and security.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/analyst-calls-sol-a-buy-before-potential-360-rally\/\">Analyst Calls SOL a Buy Before Potential $360 Rally<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Solana trades at $181, holding above $176 support, with resistance marked at $205. Elliottwave analysis shows a double correction with support near $164\u2013$157 and invalidation at $195. EU considers Solana or Ethereum for digital euro launch, raising accessibility and privacy questions. Solana Price and Analyst Outlook Solana (SOL) was priced at $181 at press [&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-43615","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\/43615","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=43615"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43615\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}