{"id":12970,"date":"2025-10-09T11:08:08","date_gmt":"2025-10-09T11:08:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-eyes-425-as-monthly-chart-flashes-bullish-pattern\/"},"modified":"2025-10-09T11:08:14","modified_gmt":"2025-10-09T11:08:14","slug":"solana-price-eyes-425-as-monthly-chart-flashes-bullish-pattern","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-eyes-425-as-monthly-chart-flashes-bullish-pattern\/","title":{"rendered":"Solana price eyes $425 as monthly chart flashes bullish pattern"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price may be gearing up for a major rally, as a bullish cup-and-handle pattern taking shape on the monthly chart points to a potential $425 target.<\/p>\n<div id=\"cn-block-summary-block_dcb8c7fa8b24aeb71370a2ec41acf4a1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price has recently broken its higher-low structure on the daily chart, but continues to hold its long-term ascending channel.<\/li>\n<li>A cup-and-handle formation on the monthly chart points to a potential breakout toward the $425 Fibonacci extension target.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana (SOL) price has recently broke its pattern of higher lows that had held since early August, tumbling nearly 25% from the recent high of $253 to a low of $190, where buyers stepped in to scoop up the dip. <\/p>\n<p>While the bounce off this level showed strength, the recovery rally failed to reclaim the previous high, with the token printing a lower high near $237, signalling of waning short-term bullish momentum.<\/p>\n<p>However, medium-term sentiment remains constructive, with Solana price trading above the 20-day SMA (around $220) and holding near $222 at press time. Additionally, the price continues to respect the ascending channel on the daily chart.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=COINBASE%3ASOLUSD\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Solana price eyes $425 target<\/h2>\n<p>While the near-term target remains around $253, there is potential for a much larger breakout if macro conditions align.<\/p>\n<p>On the monthly timeframe, Solana price action appears to be forming a textbook cup-and-handle pattern \u2014 a bullish setup that, if confirmed, could mark the beginning of a new macro uptrend for SOL. The pattern\u2019s breakout aligns closely with the 1.618 Fibonacci extension level, which sits around $425. <\/p>\n<p>Additionally, the monthly MACD has just flashed a golden cross, with the MACD line crossing above the signal line, indicating a potential shift in long-term momentum from bearish to bullish and reinforcing the case for a run towards the $425 target.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2314\" height=\"946\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/10\/1760008088_63_Solana-price-eyes-425-as-monthly-chart-flashes-bullish-pattern.webp.webp\" alt=\"Solana price eyes $425 as monthly chart flashes bullish pattern - 2\" class=\"wp-image-14423688\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/TheCryptoLark\/status\/1975935483680026926\">@TheCryptoLark<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price may be gearing up for a major rally, as a bullish cup-and-handle pattern taking shape on the monthly chart points to a potential $425 target. Summary Solana price&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12970"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12970\/revisions"}],"predecessor-version":[{"id":12971,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12970\/revisions\/12971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1079"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}