Solana (SOL) Price Eyes $150 Target as Analyst Ansem Calls Major Rally
- Price Uptrend: Solana (SOL) is currently trading between $79 and $82, marking a 13.67% increase over the past week, which has captured the attention of market participants and technical analysts, indicating a shift in market sentiment after a prolonged period of sideways consolidation.
- Surge in Trading Volume: SOL's daily trading volume exceeds $1.6 billion, demonstrating a clear change in short-term momentum, as market participants begin to question whether this bullish trend can be sustained, particularly if the $75–77 support region holds.
- Technical Indicator Signal: The SuperTrend technical indicator has generated a buy signal on SOL's 3-day chart, with historical data showing that previous sell signals often preceded significant price declines, making this development particularly noteworthy for technical traders.
- New Platform Launch: On July 1, World debuted as an on-chain prediction marketplace within the Solana ecosystem, leveraging Chainlink for oracle services, which drives continuous on-chain transaction activity and enhances network utilization.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0277 | 0.0298 | 0.032 | 0.0341 | 0.0363 | 0.0384 | 0.0406 |
| Fibonacci | 0.0298 | 0.0315 | 0.0325 | 0.0341 | 0.0358 | 0.0368 | 0.0384 |
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