Solana Price Prediction: Will SOL’s 11.9% Weekly Momentum Carry It Towards All-Time Highs?

Key Points

1. Solana (SOL) has climbed 11.9% over the past week, reclaiming the $180 zone and signaling renewed bullish momentum.

2. A bullish 'cup and handle' pattern identified by crypto analyst Ali Martinez projects a potential price surge to $1,315, a 630% increase from current levels.

3. Key resistance levels on the way up include $380, $752, and $1,048, with a market cap potentially reaching $710 billion if the target is met.

4. Technical indicators show bullish momentum with RSI at 62.5 and a positive MACD crossover, though the 4-hour chart suggests a bearish trendline resistance at $186.22.

5. Bitcoin Hyper ($HYPER), a new presale project combining Bitcoin's security with Solana's performance, has raised over $8.1 million in its presale.